masterkey logo
343 Pacheco Ave
Score
0
Santa Cruz, CA

343 Pacheco Ave

1.1M
3 bd • 2 ba • 1,600 sf

This analysis was generated on 2/20/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$1,100,000

Price/Sq.Ft

$688

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Potential Rental Income: The estimated rental income for a 3-bedroom unit is $4,230 per month, providing a potential revenue stream for investors. • Average Safety Score: The safety score of 57/100 indicates an average level of safety, which may be acceptable to some buyers. • Location: Situated in Santa Cruz, the property benefits from access to local amenities, beaches, and the overall lifestyle of the area. • Decreasing Crime Rates: The crime trends show a decrease in both violent and property crimes from 2022 to 2023. Violent crimes decreased from 1000 to 927, and property crimes decreased significantly from 2266 to 1539.

The Bad

• Limited Property Information: The lack of property features, descriptions, and room details makes it difficult to assess the property's true value and condition. • Unknown Year Built: The unknown year built makes it difficult to assess potential maintenance and renovation needs, as well as potential depreciation. • Safety Score: The safety score of 57/100 indicates an average safety level, which may be a concern for some buyers. The total crime rate is 2866.0 per 100,000 residents, which is higher than the national average. • Property Crime: The property crime rate of 1865.0 per 100,000 residents is significantly higher (55.8%) than the national average. This may impact insurance rates and buyer interest. • High Price per Square Foot: At $687.50 per square foot, the property is expensive compared to national averages, reflecting the high cost of real estate in Santa Cruz.

The Ugly

• High Crime Rates: Violent crime is 27.7% higher than the state average and 17.2% higher than the national average. Robbery rates are particularly high, at 54.5% higher than the state average and 182.9% higher than the national average. • Property Crime Rates: Property crime is 30.0% higher than the state average and 55.8% higher than the national average. This could lead to higher insurance premiums and security costs. • Earthquake Risk: Santa Cruz is located in an earthquake-prone area, which could lead to significant property damage and financial loss. Earthquake insurance is highly recommended, adding to the overall cost of ownership. • Limited Information: The lack of property details and description makes it difficult to assess the property's condition and potential issues, increasing the risk for buyers. • High Housing Costs: The median home prices in Santa Cruz are significantly higher than national and even California averages, creating a competitive market with potential bidding wars. This can lead to overpaying for the property.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking a Family Home: The 3-bedroom, 2-bathroom layout provides sufficient space for families. • Buyers Comfortable with Santa Cruz Crime Rates: The safety score of 57/100 indicates an average safety level. Buyers should be aware of the crime statistics and consider security measures. • Buyers Seeking a Rental Property: With a potential rental income of $4,230 for a 3-bedroom unit, investors may find this property attractive. • Buyers seeking to be close to amenities: The property's location in Santa Cruz provides access to a variety of amenities, including shopping, dining, and entertainment.

Not For

• Risk-Averse Buyers: The higher crime rates compared to state and national averages may deter buyers prioritizing safety. • Buyers Requiring Detailed Property Information: The limited property details and lack of description may frustrate buyers seeking comprehensive information upfront. • Budget-Conscious Buyers: The high price point and potential for additional expenses (e.g., renovations, earthquake insurance) may exceed the budget of some buyers. • Buyers Uncomfortable with Traffic Congestion: Santa Cruz experiences significant traffic, which may be a drawback for those prioritizing ease of commute.
Demographics
Area Median Income

$91,801

Property History

Price History
Ownership Timeline
$0Cash Purchase
May 2, 2024
Brendan B Quirk, Lisa MolinaroBrendan B Quirk, Lisa Molinaro
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jan 23, 2023
Wendy SoDavid P Arora
Intrafamily Transfer
Non-Arm's Length Transactions
$1,100,000Cash Purchase
Jan 19, 2023
David P AroraBrendan Barry Quirk, Lisa Molinaro
Grant Deed
Standard Sale (Purchase/Resales)
$0Financed
May 4, 2007
David AroraDavid P Arora
Intrafamily Transfer
Non-Arm's Length Transactions
$0Financed
Dec 11, 2003
David AroraDavid Arora
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Oct 14, 1999
Arora Shirley L Trustees , Arora TrustDavid Arora
Gift Deed
Non-Arm's Length Transactions

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Financials

Monthly Costs
Market Rent (3 bed)

$2,300

Get a detailed estimate on Zillow
Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,100,000
Price/sqft
$688
Layout
3 bd2 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,499,167

26.6%

Your price is 26.6% below average

Median Price

$1,535,000

28.3%

Based on 6 recent sales

Price per Sq.Ft

$881

22.0%

Your price is 22.0% below average $/sqft

Comparable Properties

121 Chilverton Street, Santa Cruz, CA 95062
Price: $1,425,000
Sq.Ft: 1,648
Beds/Baths: 3/2
$/Sq.Ft:
$86525.8%
Sale Date: 1/2/2025
121 Chilverton Street, Santa Cruz, CA 95062
Price: $1,425,000
Sq.Ft: 1,648
Beds/Baths: 3/2
$/Sq.Ft:
$86525.8%
Sale Date: 1/2/2025
119 Prospect Court, Santa Cruz, CA 95065
Price: $1,650,000
Sq.Ft: 1,540
Beds/Baths: 3/2
$/Sq.Ft:
$1,07155.8%
Sale Date: 9/17/2024
1208 Prospect Heights, Santa Cruz, CA 95065
Price: $1,550,000
Sq.Ft: 1,817
Beds/Baths: 3/2
$/Sq.Ft:
$85324.1%
Sale Date: 10/13/2024
319 Harbor Drive, Santa Cruz, CA 95062
Price: $1,535,000
Sq.Ft: 1,764
Beds/Baths: 3/2
$/Sq.Ft:
$87026.6%
Sale Date: 9/3/2024
306 Avalon Street, Santa Cruz, CA 95060
Price: $1,410,000
Sq.Ft: 1,855
Beds/Baths: 4/3
$/Sq.Ft:
$76010.6%
Sale Date: 1/12/2025

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results