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For sale
  • $3,250,000

    Merrill Santacruz, Santa Cruz, CA 95062

    --beds
    --baths
    4,370sqft
    : 
    Five Or More Units, Residential Income
    Built in 1956
    -- sqft lot
    $3,083,600 Zestimate®
    $744/sqft
    $-- HOA

    What's special

    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.
    129 days
    |
    140
    |
    4
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 11, 2025 at 05:53am

    Listed by:

    Chris Shoemaker 01760812 831-247-2647,

    Shoemaker Commercial Real Estate 831-476-8194

    Source: MLSListings Inc,MLS#: ML82017054MLS Logo

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    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate
    • Doors: None
    Interior area
    • Total structure area: 4,370
    • Total interior livable area: 4,370 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Parking Area
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 02727302000
    • Zoning: RM-2.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Public

    Community & HOA

    Location
    • Region: Santa Cruz

    Financial & listing details

    • Price per square foot: $744/sqft
    • Date on market: 8/5/2025
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month
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    Estimated market value

    $3,083,600

    $2.93M - $3.24M

    Not available

    Price history

    Price history
    DateEventPrice
    9/9/2025Price change$3,250,000-4.3%$744/sqft
    Source: MLSListings Inc #ML82017054 Report a problem
    8/5/2025Listed for sale$3,395,000-5.7%$777/sqft
    Source: MLSListings Inc #ML82017054 Report a problem
    7/23/2025Listing removed$3,600,000$824/sqft
    Source: MLSListings Inc #ML82010023 Report a problem
    6/6/2025Listed for sale$3,600,000$824/sqft
    Source: MLSListings Inc #ML82010023 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $20,334/mo
    Principal & interest
    $16190
    Property taxes
    $3006
    Home insurance
    $1138

      Climate risks

      Neighborhood: 95062

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: LiveOakElementary

      Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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