2 months on rocket

121 Walti St, Santa Cruz, CA, 95060

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,792 SqFt
$537/SqFt
Multi

Location

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121 Walti St, Santa Cruz$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport
Year Built1964
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #ML81983723
Lot Size0.09 Acres
StatusActive

About 121 Walti St

Portfolio Sale: 117 Walti Street, 121 Walti Street, 231 Felix Street & 233 Felix Street Jimmy Castellanos is proud to present a highly unique multifamily portfolio consisting of four adjacent parcels located at 117-121 Walti Street and 231-233 Felix Street in Santa Cruz, CA. This rare offering features 16 charming, one-bedroom, townhome-style units, each thoughtfully designed with private balconies. Built in 1964, these units appeal to both professional and student renters, creating a diverse and steady tenant base. The portfolios standout feature is the four separate parcels, each with a fourplex, offering flexibility and a wide range of investment possibilities. Investors have the option to purchase the entire portfolio with the potential to sell each parcel individually for a profit. Located just off Laurel Street, the property is within walking distance to downtown Santa Cruz and the lively Mission Street, known for its restaurants and shops, making it highly desirable for tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 2,792 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Jimmy Castellanos

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $537/SqFt

Tax Information:

  • Annual Amount: $1,668
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Cruz, CA.

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Santa Cruz, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$879

Avg. Days On Market

26

# of Sold Homes

39

121 Walti St vs Santa Cruz

64 DAYS ON ROCKET

+38 Days

$1,500,000

+$125K More

$537/SqFt

-$343 Less

KEY TAKEAWAY

This property is $125K more than the Median Sold Price and $343/SqFt less than other homes in Santa Cruz, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81983723

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Jimmy Castellanos

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 16, 1999Home Sold
$29,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,668$85,302
2020$1,659$84,426
2019$1,610$82,770
2018$1,610$81,148
2017$1,597$79,558

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4461987
4
/10

  • Bay View Elementary School

  • 1231 Bay St

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-4461988
7
/10

  • Westlake Elementary School

  • 1000 High St

  • 1.17 miles

  • Public District Grades KG-5

school-card-donut-4461989
5
/10

  • Gault Elementary School

  • 1320 Seabright Ave

  • 1.47 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,434. Most Santa Cruz, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Cruz County›Santa Cruz›95060›121 Walti St

This home is located at 121 Walti St in Santa Cruz, CA and zip code 95060 in the Downtown Santa Cruz neighborhood. This 2,792 square foot home, which was built in 1964, sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $1,500,000.

While more than 15 listings in Santa Cruz, CA in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 20 were sold below. In November 2024 in Santa Cruz, CA there were 1.6% more homes for sale than in October 2024. In November 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $1,375,000.

From Rocket Homes Real Estate and based on county public records data.

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