Hanover Street
Santa Cruz, CA, 95062 $ 1,599,800
Baths0.0 Sq 1,840 Monthly Estimate*
$ 10,101
Listed by KW Thrive Santa Cruz
Studio for $1,599,800. This 1,840 square foot home was built in 1976 on a lot size of 0.201.
Two turn-key homes on one large lot with extra building area and each unit with its own address, private access, and polished finishes. Ideally situated in Santa Cruz's sunny Banana Belt neighborhood, just minutes from Seabright Beach, Pleasure Point, Downtown, and local amenities. It offers 2 updated 2BD/1BA -920 sq. ft. units with rebuilt baths, commercial grade LifeProof LVP flooring, new doors, fixtures, and ventilation fans. Unit 505 features a ground up kitchen remodel with quartz counters, dove gray cabinetry, subway tile to the ceiling, soft close drawers, recessed lighting on dimmers, builtin microwave, dishwasher, and gas range with electric ready option. Exterior highlights include Craftsman style front doors, new garage doors, private outdoor spaces, coastal rock garden, low maintenance turf, and irrigation. Unit 505 enjoys an enclosed front yard with gated entry plus an approximate 2,000 sq. ft extra lot area with potential for ADU, workshop, or big gardens! One unit is owner occupied and the other is tenant occupied at $3,500/month, creating a live in one, rent the other opportunity in a highly walkable beachside Seabright location close to restaurants, breweries, and everyday amenities.
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FeaturesGeneralLiving Area 1840
Sewer PublicSewer
Heating Central
Cooling None
Possession Negotiable
Roof Composition
Zoning R
Garage Spaces 2
Architectural Style Bungalow Craftsman
Year Built 1976
Property Subtype Duplex
Accessibility None
County Santa Cruz
Insurance Expense 1800
Property Type ResidentialIncome
HOA false
MaintenanceExpense 500
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Street: Cayuga
City Santa Cruz
High School District Other
MLS Area 699 - Not Defined
Lot Size Units SquareFeet
Lot Size Square Feet 8756
Carport Spaces 0
Tax Annual Amount 17042
Trash Expense 780
Virtual Tour http://www.505hanover.com/mls/249408986 http://www.505hanover.com
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Duplex
Cap Rate 1.08
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InteriorTotal Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorWater Source Public
Total Parking 2
Lot Size Area 8756
Foundation Details Slab
Number of Buildings 1
Building Area Total 1840
Lot Size Acres 0.201
Lot Size Source Assessor
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* Excluded FeaturesList ByKw Thrive Santa CruzBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,101
- Monthly Property Taxes
- $1,420
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Santa Cruz, CA
Average List Price $2,159,509
Percent of Sale Price 35%
About Santa Cruz, CA 63,054 Population
16% Since 2002
$ 67,765 Median Income
32.22 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/18/2026 | $1,599,800 | -11.07% | Price Down |
| 6/10/2026 | $1,799,000 | | Listed Price |