2395 Delaware #72 · Santa Cruz, CA 95060

$225,000

3 bd · 2.0 ba · 1,440 sqft · Manufactured · 422 Days on market

Built 1971 Est $177k · 27% over

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

Key facts

• Open floor plan
• Island with sink
• New kitchen cabinets

Tags

• REMODELED HOME
• VIEWS OF WALKING TRAILS
• NEW LUXURY VINYL FLOORING
• OPEN FLOOR PLAN
• NEW KITCHEN CABINETS
• ISLAND WITH SINK

Property features AI

Finance

• Other: Living area approximately 1,440 sq ft
• Financial info: In lieu of tax (ILT) tax type
• HOA & community: Barbecue area; Cabana; Car wash area; Clubhouse; Common utility room; Community pool; Community security gate; Garden/greenbelt/trails; Gym/exercise facility; Organized activities; Sauna/spa/hot tub; HOA rental restrictions; Parking restrictions; Pets allowed

Exterior

• Parking: Carport (2 spaces); Covered parking; Tandem parking; Assigned space #72; Space rent applies
• Security: Community security gate
• Utilities: Public water; Sewer connected; Individual electric meters; Individual gas meters; Natural gas; Public utilities
• Home design: Single-story property
• Construction: Metal roof
• Exterior features: Metal roof; Leased land

Interior

• Kitchen: Gas cooktop; Countertops (other); Dishwasher; Garbage disposal; Microwave; Refrigerator
• Bedrooms: 3 bedrooms; Ground floor bedroom; Walk-in closet
• Flooring: Laminate
• Bathrooms: 2 full bathrooms; Double sinks; Shower and tub; Stall shower; Solid surface counters
• Heating & cooling: Central forced air heating
• Interior features: Laminate flooring; Hookups only for laundry
• Laundry & utility: Washer/dryer hookups only

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $225k.

Deal economics

• At list price, monthly cash flow is $3k ($32k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $225k).
• Recommended offer: $198k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.4% vs local median 1.8% in Santa Cruz — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#119 in CA, #4,226 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
• Market conditions: Rents rising (+2.7%/yr); 98 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 224 units permitted in Santa Cruz County in 2024 (25 in 5+ unit buildings).
• At $5,327/mo this rent would consume 59% of the median local household income ($109k/yr) (locally 2932% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Santa Cruz County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.7% rent growth), your $63k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 422 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $170k (43%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $42k; list at $225k implies a 436% gain — meaningful room to come down on a strong offer.

Recommended offer $198,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 422 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.37% ✓
• Cap rate: 20.45%
• Cash-on-cash: 50.54%
• DSCR: 3.25
• GRM: 3.5

CMA / ARV

• ARV (on-the-fly): $177,120
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2395 Delaware #59	0.11mi	2/2.0 (-1)	1,440 (0%)	2mo	$10,000	$7	88
2395 Delaware Ave #154	0.00mi	2/2.0 (-1)	1,440 (0%)	12mo	$40,000	$28	85
2395 Delaware Ave #39	0.11mi	2/2.0 (-1)	1,440 (0%)	11mo	$85,000	$59	81
2395 Delaware Ave #77	0.11mi	2/2.0 (-1)	1,536 (+7%)	2mo	$25,000	$16	77
2395 Delaware Ave #92	0.11mi	2/2.0 (-1)	1,514 (+5%)	5mo	$265,000	$175	77
2395 Delaware Ave #161	0.11mi	2/2.0 (-1)	1,500 (+4%)	14mo	$35,000	$23	71
2395 Delaware Ave #31	0.00mi	3/2.0	1,630 (+13%)	9mo	$305,000	$187	71
2395 Delaware Ave #61	0.11mi	2/2.0 (-1)	1,392 (-3%)	17mo	$260,000	$187	70
2395 Delaware Ave #193	0.11mi	2/2.0 (-1)	1,382 (-4%)	20mo	$205,000	$148	67
2395 Delaware Ave #149	0.11mi	2/2.0 (-1)	1,240 (-14%)	1mo	$62,000	$50	66
2395 Delaware #108 Ave #108	0.13mi	2/2.0 (-1)	1,344 (-7%)	19mo	$165,000	$123	62
2395 Delaware Ave #186	0.11mi	3/3.0	1,637 (+14%)	16mo	$347,888	$213	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.74% rent growth · sell at horizon

5-year hold

• IRR: 48.0%
• Equity multiple: 3.08×
• Total profit: $131,237
• Equity at exit: $33,548

10-year hold

• IRR: 53.5%
• Equity multiple: 6.18×
• Total profit: $326,553
• Equity at exit: $19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 95060

• Rents YoY: 2.7%
• Active inventory: 98
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $5,327 medium
• Mortgage (P&I): −$1,180
• Tax est. 1.5%: −$281 /mo · $3,375/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,119
• Net cashflow: $2,654

Break-even live

Break-even rent $1,968

Max offer price $225,000

Occupancy floor 45%

Sensitivity live

Price	-10% $2,809	-5% $2,731	+0% $2,654	+5% $2,576	+10% $2,498
Rent	-10% $2,233	-5% $2,443	+0% $2,654	+5% $2,864	+10% $3,074
Rate	-1.0pp $2,767	-0.5pp $2,711	base $2,654	+0.5pp $2,595	+1.0pp $2,536

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
110 Western Ct Unit NA Santa Cruz, CA	4.0	2.0	1800	$8,250	$4.58	22d	1	1.21mi

Listing history 30 events

1. 2026-06-21
   days on market $225,000 Active 422 DOM
2. 2026-06-19
   price $225,000 Active 419 DOM
3. 2026-06-18
   days on market $275,000 Active 419 DOM
4. 2026-06-17
   days on market $275,000 Active 418 DOM
5. 2026-06-16
   days on market $275,000 Active 417 DOM
6. 2026-06-15
   days on market $275,000 Active 416 DOM
7. 2026-06-14
   days on market $275,000 Active 414 DOM
8. 2026-06-13
   days on market $275,000 Active 413 DOM
9. 2026-06-10
   days on market $275,000 Active 411 DOM
10. 2026-06-09
    days on market $275,000 Active 410 DOM
11. 2026-06-08
    days on market $275,000 Active 409 DOM
12. 2026-06-07
    days on market $275,000 Active 408 DOM
13. 2026-06-02
    days on market $275,000 Active 403 DOM
14. 2026-06-01
    days on market $275,000 Active 402 DOM
15. 2026-05-31
    days on market $275,000 Active 401 DOM
16. 2026-05-30
    days on market $275,000 Active 400 DOM
17. 2026-01-12
    price $275,000 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

18. 2026-01-12
    price $275,000 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

19. 2025-10-09
    price $299,000 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

20. 2025-10-09
    price $299,000 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

21. 2025-07-12
    price $345,000 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

22. 2025-07-12
    price $345,000 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

23. 2025-04-25
    listed $395,000 Active 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

24. 2025-04-25
    listed $395,000 Active 1212-char remark

    Show marketing remark (1212 chars)

    New price! Gorgeous remodeled home situated on the lagoon with views of walking trails, water, fountains, birds, trees, and open greenbelt area, fantastic location! This home has been remodeled from top to bottom. Many new features include, new luxury vinyl flooring throughout, open floor plan, new kitchen cabinets, appliances, Island with sink, that looks out towards the beautiful lagoon. The bathrooms are remodeled, and gorgeous too. Fresh paint inside and out, and new exterior siding. This 3 bedroom home is wonderful with lots of living space. There are laundry hookups near the kitchen for convenience also. The nearby walking bridge is convenient to head to the year round heated swimming pool, jacuzzi, sauna, Clubhouse with kitchen, out door kitchen, fire pit, and workout facility, all at no extra cost as an owner in this wonderful, unparalleled park. The meandering streets take you by the lagoon, fountains, ocean, and of course beach! Take a quick stroll and put your feet in the sand, at your private beach. Take part in activities at this park that include yoga, potlucks, and fun get togethers. This amazing community is safe, and tucked away for added peacefulness. You will love this park!

25. 2019-08-01
    historical 861-char remark

    Show marketing remark (861 chars)

    Live by our beautiful ocean. .. hear the waves crashing, and smell the fresh air here at DeAnza!!! This home is located on the lagoon, super easy access to the Clubhouse, swimming pool, jacuzzi, sauna, outdoor kitchen, fire pit, workout facility and more! All of these wonderful amenities are included in the space rent. No additional HOA fees. This home features hardwood floors, plantation shutters, dual pane windows, 3 bedrooms, and 2 full baths. The living room, kitchen, and dining room are situated so that you can enjoy the lagoon views, and outside deck to have a glass of wine on, or morning coffee. This is a lease land park. You purchase your home for $50k, then pay the monthly space rent of $3540. Space rent includes all the amenities of the park to enjoy. Compare living at DeAnza to living in a home this close to the ocean, it's a deal. .. !!!

26. 2019-08-01
    soldstatus $42,000 Sold 861-char remark

    Show marketing remark (861 chars)

    Live by our beautiful ocean. .. hear the waves crashing, and smell the fresh air here at DeAnza!!! This home is located on the lagoon, super easy access to the Clubhouse, swimming pool, jacuzzi, sauna, outdoor kitchen, fire pit, workout facility and more! All of these wonderful amenities are included in the space rent. No additional HOA fees. This home features hardwood floors, plantation shutters, dual pane windows, 3 bedrooms, and 2 full baths. The living room, kitchen, and dining room are situated so that you can enjoy the lagoon views, and outside deck to have a glass of wine on, or morning coffee. This is a lease land park. You purchase your home for $50k, then pay the monthly space rent of $3540. Space rent includes all the amenities of the park to enjoy. Compare living at DeAnza to living in a home this close to the ocean, it's a deal. .. !!!

27. 2019-07-01
    status Pending (Do Not Show) 861-char remark

    Show marketing remark (861 chars)

    Live by our beautiful ocean. .. hear the waves crashing, and smell the fresh air here at DeAnza!!! This home is located on the lagoon, super easy access to the Clubhouse, swimming pool, jacuzzi, sauna, outdoor kitchen, fire pit, workout facility and more! All of these wonderful amenities are included in the space rent. No additional HOA fees. This home features hardwood floors, plantation shutters, dual pane windows, 3 bedrooms, and 2 full baths. The living room, kitchen, and dining room are situated so that you can enjoy the lagoon views, and outside deck to have a glass of wine on, or morning coffee. This is a lease land park. You purchase your home for $50k, then pay the monthly space rent of $3540. Space rent includes all the amenities of the park to enjoy. Compare living at DeAnza to living in a home this close to the ocean, it's a deal. .. !!!

28. 2019-06-12
    historical Contingent 861-char remark

    Show marketing remark (861 chars)

    Live by our beautiful ocean. .. hear the waves crashing, and smell the fresh air here at DeAnza!!! This home is located on the lagoon, super easy access to the Clubhouse, swimming pool, jacuzzi, sauna, outdoor kitchen, fire pit, workout facility and more! All of these wonderful amenities are included in the space rent. No additional HOA fees. This home features hardwood floors, plantation shutters, dual pane windows, 3 bedrooms, and 2 full baths. The living room, kitchen, and dining room are situated so that you can enjoy the lagoon views, and outside deck to have a glass of wine on, or morning coffee. This is a lease land park. You purchase your home for $50k, then pay the monthly space rent of $3540. Space rent includes all the amenities of the park to enjoy. Compare living at DeAnza to living in a home this close to the ocean, it's a deal. .. !!!

29. 2019-06-05
    price $45,000 861-char remark

    Show marketing remark (861 chars)

    Live by our beautiful ocean. .. hear the waves crashing, and smell the fresh air here at DeAnza!!! This home is located on the lagoon, super easy access to the Clubhouse, swimming pool, jacuzzi, sauna, outdoor kitchen, fire pit, workout facility and more! All of these wonderful amenities are included in the space rent. No additional HOA fees. This home features hardwood floors, plantation shutters, dual pane windows, 3 bedrooms, and 2 full baths. The living room, kitchen, and dining room are situated so that you can enjoy the lagoon views, and outside deck to have a glass of wine on, or morning coffee. This is a lease land park. You purchase your home for $50k, then pay the monthly space rent of $3540. Space rent includes all the amenities of the park to enjoy. Compare living at DeAnza to living in a home this close to the ocean, it's a deal. .. !!!

30. 2019-03-03
    listed $50,000 Active 861-char remark

    Show marketing remark (861 chars)

    Live by our beautiful ocean. .. hear the waves crashing, and smell the fresh air here at DeAnza!!! This home is located on the lagoon, super easy access to the Clubhouse, swimming pool, jacuzzi, sauna, outdoor kitchen, fire pit, workout facility and more! All of these wonderful amenities are included in the space rent. No additional HOA fees. This home features hardwood floors, plantation shutters, dual pane windows, 3 bedrooms, and 2 full baths. The living room, kitchen, and dining room are situated so that you can enjoy the lagoon views, and outside deck to have a glass of wine on, or morning coffee. This is a lease land park. You purchase your home for $50k, then pay the monthly space rent of $3540. Space rent includes all the amenities of the park to enjoy. Compare living at DeAnza to living in a home this close to the ocean, it's a deal. .. !!!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥80°F today · 13 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 8/10 Severe 15 unhealthy d/yr today · 15 by 30 yrs out

Taxation est. · year 1

• Rental income: $63,926
• − Mortgage interest: −$12,603
• − Property taxes: −$3,375
• − Insurance: −$1,125
• − Repairs & maintenance: −$5,114
• − Management: −$5,114
• − Depreciation: −$6,545
• Taxable income: $30,049
• Est. tax owed @ 24.0%: −$7,212
• After-tax cash flow: $24,631/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — Santa Cruz

• Score: 75/100
• State rank: #119
• US rank: #4226

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing C+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Santa Cruz, CA
• County: Santa Cruz County · 225,113 people
• City population: 81,875
• Metro: Santa Cruz-Watsonville, CA
• Population (ZIP): 46,268
• Household income: $108,591
• Rent vs Own: 48.5% rent · 51.5% own
• Severe rent burden: 2932.0

Population outlook (Santa Cruz County) Hauer SSP2

• Today (2025): 299,046 people
• By 2030: 311,246 · +4.1%
• By 2040: 332,813 · +11.3%
• By 2050: 352,797 · +18.0%
• By 2075: 406,837 · +36.0%
• By 2100: 435,763 · +45.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 22% Two or more races 12% Asian 6% Black 1% Native American 1%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Italian 4% Romanian 3% Slovak 3%
• Foreign-born: 13% · Canada, China, South Korea
• Languages at home: 76% English-only · Spanish 15% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Santa Cruz

• 2024 margin: Solid D (+54.4) · D 75.3% · R 20.9% · Other 3.9%
• 2008→2024 swing: -3.2pp toward R · 2008: 57.7pp · 2024: 54.4pp
• All cycles: 2024: D+54.4 2020: D+60.3 2016: D+57.3 2012: D+54.1 2008: D+57.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1217.70%
• Current HPI: 300.9464
• Rent YoY: ▲ 2.74%
• Metro: Santa Cruz-Watsonville, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+450.0% since first listed

14 events — show timeline

• 2026-01-12 Price Changed $275,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-01-12 Price Changed $275,000 MLSListings
• 2025-10-09 Price Changed $299,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2025-10-09 Price Changed $299,000 MLSListings
• 2025-07-12 Price Changed $345,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2025-07-12 Price Changed $345,000 MLSListings
• 2025-04-25 Listed $395,000 MLSListings
• 2025-04-25 Listed $395,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2019-08-01 Listing Removed — MLSListings
• 2019-08-01 Sold (MLS) $42,000 MLSListings
• 2019-07-01 Pending — MLSListings
• 2019-06-12 Contingent — MLSListings
• 2019-06-05 Price Changed $45,000 MLSListings
• 2019-03-03 Listed $50,000 MLSListings