22372241 Thomas Ave
Santa Cruz, CA 95062

6 Bd   4 Ba   3,264 Sqft
ATTENTION INVESTORS!!! Huge Duplex is now fully occupied & offers over $8,500/mo in rental income ($100,000+ per year). One of the HIGHEST CAP RATES in Santa Cruz at 5.8%. Unit 2241 has recently seen a significant remodel and is being rented for $4,000/mo. Unit 2237 had a long list of recent improvements and is now being rented for $4,520/mo (both units have a 1 yr lease). Property is in incredible condition with a HUGE list of improvements just completed including many items from recent inspections & a fumigation of the entire building. With only 2 low maintenance units, leases in place, many recent improvements, low maintenance yard and a 2 year Home Warranty paid by seller, Savvy Buyers & Investors will see this property does not require a property manager allowing them to keep substantially more money in their pocket every month. Desirable location w/ a short drive to beach, UCSC, shopping, restaurants, & Hwy 1. Property includes solar. **Partial owner financing is available.**
  • Zipcode: 95062
  • Days on Movoto: 70
  • Year Built: 1972
  • HOA:
  • $/Sqft: $437
  • Lot: 8,407 Sqft
  • Property Type: Single Family
  • MLS#: ML81596542
  • MLS:
  • Listing Office: Coldwell Banker
  • Listing Broker: Sean Poudrier
  • Movoto last checked: 53 minutes ago
  • Last updated: 2 days ago

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Real Estate Market Statistics of 22372241 Thomas Avenue , Santa Cruz

Santa Cruz, California

Total Inventory For Sale

151 Homes

+10% m/m -25% y/y

Median List Price


0% m/m +15% y/y

Median Days On Market

38 Days

+5% m/m -7% y/y

Median House Size

1,592 Sqft

-8% m/m -1% y/y

Median Price Per Square Foot

$572 /Sqft

+5% m/m +6% y/y

Median Price

As of , there are 43 properties listed for sale in ZIP code 95062 and 151 properties listed for sale in the city of Santa Cruz, CA. Those 151 properties include 107 single family homes and 44 condos. This property at 22372241 Thomas Ave in 95062 is currently listed for $1,425,000. This is 47% above the median price of $969,000 for Santa Cruz and 78% above the median of $799,000 for 95062. 22372241 Thomas Ave is approximately 3,264 Sqft, which is 105% above the Santa Cruz median of 1,592 and 115% above the 95062 ZIP code median of 1,520. This property's price per square foot is $437, which is 34% below the median price in 95062 of $658 and 24% below the Santa Cruz median of $572 per square foot.

New Listings in Santa Cruz

Built in 1972, this 6-bedroom, 4-bathroom single family house at 22372241 Thomas Ave is approximately 3,264 square feet and comes with 2 parking spots. It is listed on 07/22/2016 for $1,425,000 with a cost per Sqft of $437.

22372241 Thomas Ave has been on the market for 70 days. The median days on the market for properties in this area is 38 with a median list price of $969,000 and median cost per square foot of $572. It's currently listed as pending under the MLS #ML81596542.

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