FOR_SALERisky Deal3 days on market

1503 King St

1503 King St, Santa Cruz, CA 95060, Santa Cruz, CA 95060
$1,799,000
Zestimate®:$1,666,400

Listing Price

Property image 1
1503 King St, Santa Cruz, CA 95060
Loc: Santa Cruz, CA
Days Listed
3
Tax Assessed
$1356k
Zestimate®
$1666k
Market Rate
Lot Size
5,663 sqft
Rent Estimate
$6,164/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Bay View Elementary School

K-5
0.3 mi away
9

Mission Hill Middle School

6-8
0.8 mi away
10

Santa Cruz High School

9-12
0.8 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
2.59%
Total ROI
2.6%
Cash Flow
$-5,209/mo
DSCR
0.43
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-22Contingent$1,699,000$794
2026-08-22Pending sale$1,699,000$794
2026-08-11Price change$1,699,000$794
2026-07-20Listed for sale$1,799,000$841
2017-12-04Listing removed$4,950$2
2017-10-31Listed for rent$4,950$2
2017-10-19Sold$1,168,000$546
2017-09-19Pending sale$1,195,000$559
2017-08-22Listed for sale$1,195,000$559
1999-03-31Sold$360,000$168

Tax History

YearProperty TaxTax Assessment
2026$0$1,355,565
2025$15,674.04$1,328,985
2024$14,612.74$1,302,927
2023$14,433.8$1,277,379
2022$14,270.02$1,252,332
2021$13,969.48$1,227,777
2020$13,858.82$1,215,187
2019$13,560.6$1,191,360
2018$13,404.86$1,168,000
2017$5,879.56$495,302
2016$5,560.76$485,590
2015$5,390.96$478,296
2014$5,300.48$468,927
2012$0$457,655
2011$0$448,682
2010$0$445,329
2009$0$446,387
2008$0$437,634
2007$0$429,053
2006$0$420,640
2005$0$412,393
2004$0$404,307
2003$0$396,897
2002$0$389,115
2001$0$381,485
2000$0$374,005
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,139
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,799,000Rent Basis: Observed Comp Model ($6,164/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $900/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.00%

NOI: $35,989/yr

Cash-on-Cash Yield
-18.4%

On $413,770 invested

DSCR Ratio
0.32x

Negative debt coverage

5-Yr Leveraged ROI
+2.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$847/mo
Homeowner / Hazard Insurance-$900/mo
Vacancy Reserve (5% of rent)-$308/mo
Repairs & Maintenance (10% of rent)-$616/mo
Property Management (8% of rent)-$493/mo
Total Pure Operating Expenses-$3,165/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,164/mo
Less: Operating Expenses-$3,165/mo
Net Operating Income (NOI)+$2,999/mo
Less: Debt Service (30yr @ 6.75%)-$9,335/mo
Net Cash Flow
$-6,336/mo
$-76,027/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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