1610 Bulb Avenue, Santa Cruz, California 95062, Santa Cruz, - bed, bath
About this home
Prime Development property undergoing lot split for 10 additional units on back parcel AND an ADU approval on front parcel. Existing charming California 2/1 + 1/1 cottage style duplex carrier sits on the front portion of the property w/ a long driveway for parking & plenty of room for a planned additional 2 bedroom, 2 bath ADU (plans & bid available with sale). Rear parcel will be SB1123 zoned for up to 10 units. 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 & all that 41st Ave has to offer. Once completed, property could consist of the existing Duplex, an additional 2/2 ADU, and a 6,000 square foot vacant lot zoned for up to 10 units.
Price History
| Subject | Average Home | Neighbourhood Ranking (70 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 24% |
| Baths | 1 | 2 | 14% |
| Square foot | 1,029 | 1,638 | 13% |
| Lot Size | 13,416 | 5,449 | 96% |
| Price | $2.2M | $1.88M | 68% |
| Price per square foot | $2,138 | $1,213 | 89% |
| Built year | 1947 | 1969 | 23% |
| HOA | |||
| Days on market | 21 | 155 | 1% |