4045 Cory Street, Soquel, California 95073, Soquel, - bed, bath

home-pic
ACTIVE$650,000
4045 Cory Street, Soquel, California 95073
3Beds
1Bath
901Sqft
4,879Lot
Year Built
1947
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81996168
Home ConditionGood
Features
ViewNeighborhood

About this home

Step inside this freshly updated interior that just received a major makeover. Upgrades include brand new cabinetry in kitchen with Quartzite countertop and a sleek backsplash, new induction stove, dishwasher. All upgraded electrical and new flooring throughout. Fresh paint and a seamless flow makes the home feel brand new. Opportunity knocks at 4045 Cory St., a 3-bedroom, 1-bath in the heart of Soquel in a neighborhood of mixed uses. Built in 1947, this 901 sq. ft. home sits on a 4,879 sq. ft. lot Zoned C-2, offering potential for transformation in its current incarnation as non-conforming residential or redevelopment as a full-fledged commercial or mixed-use project of street level commercial with residential above. May be purchased either separately or as a package with 4057 Cory St for combined development of the two parcels together. Whether you're an investor seeking your next project or a buyer looking to build equity, this property presents a rare chance to breathe new life into a mixed-use neighborhood in highly desirable Santa Cruz County. Conveniently located near Soquel Village, with easy access to shops, dining, and coastal amenities, this central location is perfect for those with a vision. Bring your contractor or your architect and unlock the possibilities!

Price History

Date
Event
Price
03/03/25
Listing
$650,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (30 Listings)
Beds33
50%
Baths12
16%
Square foot9011,844
6%
Lot Size4,87911,456
6%
Price$650K$1.5M
3%
Price per square foot$721$807
29%
Built year19471973
10%
HOA
Days on market248146
94%
Condition Rating
Good

The interior of this 1947-built home has undergone a recent and extensive renovation, featuring a brand new kitchen with modern cabinetry, Quartzite countertops, sleek backsplash, and new induction stove and dishwasher. New flooring, fresh paint, and upgraded electrical throughout make the living spaces feel virtually new and move-in ready. The bathroom is also updated with modern fixtures. However, the exterior of the property shows significant deferred maintenance with peeling paint and worn siding, requiring substantial cosmetic repairs. Despite the exterior, the comprehensive interior updates and upgraded electrical system elevate the overall condition to good, focusing on the livability and functionality of the primary living areas.
Pros & Cons

Pros

Commercial Zoning & Redevelopment Potential: Zoned C-2, this property offers significant flexibility for transformation into a full-fledged commercial or mixed-use project, or continued non-conforming residential use, appealing to investors and developers.
Extensive Recent Interior Renovations: The interior has undergone a major makeover, including brand new kitchen cabinetry with Quartzite countertops, new induction stove, dishwasher, upgraded electrical, new flooring, and fresh paint, making it move-in ready for residential use.
Prime Soquel Location: Situated in the heart of Soquel, near Soquel Village, providing convenient access to shops, dining, and coastal amenities in highly desirable Santa Cruz County.
Investment & Equity Building Opportunity: Explicitly marketed as a rare chance for investors or buyers to build equity, especially with the option to purchase with an adjacent parcel (4057 Cory St) for combined development.
Modernized Kitchen & Electrical: The brand new kitchen with high-end finishes and appliances, coupled with upgraded electrical throughout, enhances immediate functionality and reduces immediate maintenance concerns.

Cons

Small Square Footage: With only 901 sq. ft. for a 3-bedroom home, the living space is relatively compact, which might be a limitation for residential buyers seeking more room.
Single Bathroom: The property features only one bathroom, which can be inconvenient for a 3-bedroom residence and may impact its appeal to certain residential demographics.
Age of Structure & Potential Hidden Costs: Built in 1947, while the interior is updated, the underlying structure's age could imply potential for older systems (plumbing, roof, foundation) not covered by the recent cosmetic renovations, especially for a commercial conversion.

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