AGNSY
1610 Bulb Avenue
Santa Cruz · 95062

1610 Bulb Avenue

1947 · 2 BD · 1 BA · 1,029 SQFT
List
$1.59M
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+ 22 More

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.

Bedrooms
2
Bathrooms
1
Interior
1,029sqft
Year built
1947
Lot size
13,416sqft
$ / Sqft
$1,550
Days on market
393d
Disclosure package
Not sourced yet.
Comp position · Sale price
Street View
Commute · Tue 8:30am
San Francisco
22m
Palo Alto
7m
Mountain View
9m
Similar homes
Offer this amount
$1.59M
What you keep at closing
$33,894
Buyer-side commission$39,875
Agnsy retains · 15%$5,981
Returned to you · 85%$33,894