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$ 1,595,000
Est. payment /mo
Active
1610 Bulb Avenue Santa Cruz, CA 95062
3 Beds
1,029 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,029 sqft
Price per Sqft $1,550
MLS Listing ID ML82030556
Bedrooms 3
HOA Y/N No
Year Built 1947
Lot Size 0.308 Acres
Acres 0.31
Property Sub-Type Duplex
Property Description
Prime Development property! Lot split for 10 additional units given green light by County of Santa Cruz using SB1123. Total of 5 lots to construct 5 SFRs with attached JADU's will go on newly created back parcel and front parcel will remain with existing charming California 2/1 + 1/1 cottage. Front parcel has long driveway for parking & plenty of room will remain for an additional 2 bedroom, 2 bath ADU (plans & bid available with sale). Rear parcel will use SB1123 zoned for up to 10 units (5 single family homes with attached JADUs. Property in total is 13,000+sq.ft., level & adjacent to Capitola! The super cute 2-bedroom, 1-bathroom main house spans 1,029 sq.ft. & features two ground floor bedrooms and a beautifully updated bath w/ tub. Large patio & inside laundry area w/ a washer & dryer. Also existing is a detached 1-bed, 1-bath ADU of approximately 300 sq ft (buyer to verify size), perfect for guest quarters or keep as additional rental income. Both units are fully rented. Exceptional flexibility & upside, this property is ideal for developers, investors, owner-users, or anyone looking to create a multi-unit rental property in one of Santa Cruz's highly desirable neighborhoods. Across from the Capitola Mall.
Location
State CA
County Santa Cruz
Zoning R-1-
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Santa Cruz City High
Others
Tax ID 03112139000
Virtual Tour https://vimeo.com/1158850686
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Listed by Frank De Bernardo • Frank De Bernardo, Broker