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1610 Bulb Avenue

Santa Cruz, CA 95062

$1,998,000

2 Beds | 1 Baths | 1,029 sq. ft.

Status: Active Type: Single Family Residence Area: 699 - Not Defined
Year Built: 1947 School District: Other MLS#: ML82024738

Description

Prime Development property undergoing lot split for potential 10 additional units on back parcel AND & 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 use 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. 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.

Features

    Appliances: Microwave
    , In Living Room
    Heating: N/A
    Cooling: None
    Structure Type: Other Association Amenities: N/A
    Price/sqft: $1942
    Parking Spaces: 3
    Total Floors: N/A

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