1610 Bulb Avenue, Santa Cruz, CA 95062
List Price: $1.79M
Listing Status: Active
Original List Price: $2.2M
0Days on Market: 206
2 Bedrooms · 1 Bathroom · 1,029 sq ft
Property Type: Residential
Year Built: 1947
Lot Size: 13,416 sq ft
MLS Number: ML82024738
About This Property
Prime residential Development property undergoing lot split. 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 bd/2 bath ADU (plans available with sale). Rear parcel will use SB1123 zoned for up to 10 units (current potential plan is for 6 lots). 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. Lot split is near approval, price is for both the duplex and back lot 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.
Listing provided by: Frank De Bernardo DRE #01211552 (831) 901-2324 debernardo2000@gmail.com, Frank De Bernardo, Broker
Source: CRMLS, MLS #: ML82024738