Millman Team Real Estate

$1,799,000
1,840 Sqft
0.20 Acre Lot

Hanover Street, Santa Cruz, California 95062

  • Residential Income Property Type
  • 1,840 Sqft Square Footage
  • 1976 Year Built
Property Description

Santa Cruz duplex buyers searching for a move-in-ready income property with no deferred maintenance and a single-family home feel – this is the one. Finding a duplex that has been genuinely renovated, not just cosmetically refreshed, is one of the hardest searches in real estate. Updated surfaces, original bones. Aging galvanized pipes behind new paint. The fear of inheriting someone else’s deferred maintenance is real, and it is expensive. THIS property is different. 505 and 507 are two 2-bed, 1-bath units sharing a wall and have the same floor plan, both renovated, one side owner owner occupied, the other side tenant occupied at $3,500 rent p/month. The bones were addressed first: copper re-plumb, new central heating, tankless water heaters, and dual-pane windows. The work no one sees is exactly what was done. The kitchen in 505 was rebuilt -dove gray cabinetry, quartz countertops, subway tile to ceiling, soft-close drawers, recessed lighting on dimmers. Both bathrooms torn down to the studs. LifeProof LVP flooring. New doors, fixtures, and baseboards. The lot holds extra space for an ADU, workshop, or garden may be possible. Buyers to do due diligence. The infrastructure and amenities are what separates this property from the field.

Basic Details
Residential Income
For Sale
ML82049464
$1,799,000
1,840 Sqft
1976
0.20 Acre
Active
Duplex
: Composition
Features
: Central
: None
: Bungalow, Craftsman
: Public Sewer
$0
Address Map
CA
Santa Cruz
Santa Cruz
95062
Hanover
Street
W123° 59' 39.2''
N36° 58' 44.1''
Cross Street: Cayuga
699 - Not Defined
R
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: None
1840
: Slab
2.0
2026-06-10
1
http://www.505hanover.com
http://www.505hanover.com/mls/249408986
: Public
Broker/Agent Information
KW Thrive Santa Cruz
Brandi Jones
Financial
21225.0
Listing Information
ML5105821
ML35599
Active
2026-06-19T00:11:49Z
CRMLS
: Standard
2026-06-02T04:47:23Z
Agent info
Ray Millman
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