1450 Merrill Street Santa Cruz, CA $ 3,250,000
1450 Merrill Street
$ 3,250,000
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1450 Merrill Street

Santa Cruz, CA, 95062
$ 3,250,000
Bedrooms-- Baths-- Sq 4,370

Monthly Estimate*

$ 20,011

Listed by Shoemaker Commercial Real Estate
1450 Merrill Street, Santa Cruz, CA 95062 - Image 1
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Commercial Property for sale in Santa Cruz, CA

for $3,250,000. This 4,370 square foot building was built in 1956 on a lot size of 0.298.

1450 Merrill St, known as Seadowns, is a three-building, nine-unit property that has been owned by the seller for 26 years. It is in close proximity to area beaches, East Cliff Drive, Pleasure Point, the Santa Cruz Small Craft Harbor, Sunday Live Oak farmer's market, Simpkins Swim Center and many local restaurants. The property contains ample outdoor space, providing a peaceful living experience for the renters. The property provides excellent walkability and bikeability. It also has 11 parking spaces, including 5 covered carport spaces. The coin-operated laundry is leased by the owner. The unit mix includes six 1-bedroom, 1-bath units (1-6) in the two-story building. Each of these six units has access to the outdoor space behind the building and has additional locked storage in the carport. Near the front of the property is a 2-bedroom, 1-bath unit (A) with a large fenced front yard, a 1 bedroom, 1-bath unit (B) with a fenced back yard and covered patio, and a stand-alone 2-bedroon, 1-bath unit (C). The owner has completed recent improvements including a new sewer lateral, new roof on the carport and laundry area, and fumigation for termites. Between turnovers, the Landlord has also painted the units, and updated appliances and fixtures, and installed new carpets.

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Commercial Active

Price

$ 3,250,000

Property Type

Commercial

Taxes

$ 45,374

Style

Lot Size

0.298

Year Built

1956

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82017054

Days on Market

176

Features
General
Heating Wall Furnace
Cooling None
Roof Composition
Zoning RM-2.5
HOA Fee 0
Year Built 1956
County Santa Cruz
Insurance Expense 8735
Property Type Commercial Sale
MaintenanceExpense 15900
Special Listing Conditions Standard
Status Active
City Santa Cruz
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 12981
Carport Spaces 5
Carport Y/N true
Tax Annual Amount 45374
Trash Expense 6720
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 6
Lot Size Area 12981
Number of Buildings 3
Building Area Total 4370
Lot Size Acres 0.298
Lot Size Source Assessor
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* Excluded Features
List By
Shoemaker Commercial Real Estate

Broker

chris@shoemakercommercial.com

Email

Affordability Calculator

$23,792
Per Month
84%
16%
0%
Monthly Principal & Interest
$20,011
Monthly Property Taxes
$3,781
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,250,000 Listed Price

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1450 Merrill Street, Santa Cruz, CA, 95062 is a Commercial Property for sale at $3,250,000 with 4,370 sqft and a lot size of 0.298. 1450 Merrill Street was built in 1956. The property's zip code is 95062 which is in Santa Cruz, CA