
Santa Cruz, California 95062
This Townhouse represents a High-Potential Investment Opportunity, listed at $910,000—positioned above the $875,792 Fair Market Value by 3%. While the property is currently priced at a premium, its Fair Condition Rating and recent interior refreshments, including modern appliances and smart home technology, provide immediate rental appeal. The long-term tenant occupancy through April 2027 necessitates a strategic approach, making this an ideal acquisition for Buy-and-Hold Investors or long-term landlords seeking a turnkey asset in the highly desirable, beach-proximate Seabright neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 110 Library Lane Subject | $910,000* List Price | 2 | 2 | 1,244 | $706 | - |
A 114 Annie Lane Sold | $1,005,000 | 2 | 2 | 1,159 | $867 | 0.6 mi |
B 117 Gault Street B Sold | $925,000 | 2 | 2 | 1,125 | $822 | 0.1 mi |
C 1412 7th Avenue 7 Sold | $770,000 | 3 | 2 | 1,424 | $541 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this 28-year-old property falls into the 'Fair' category as it is over 20 years old with original-style cabinetry and countertops. While the listing notes a 'refresh' with new flooring, paint, and appliances, the kitchen and bathrooms remain fundamentally dated and will eventually require more significant updates to meet modern standards.
Situated in one of Santa Cruz's most desirable neighborhoods, the property offers exceptional walkability to Seabright Beach, the harbor, and popular Midtown amenities.
The home features extensive recent refreshments including updated flooring, fresh paint, modern lighting, and smart home technology, providing a turnkey aesthetic.
Vaulted ceilings create an airy atmosphere in the bedrooms, while the spacious two-car garage offers rare and essential storage for coastal gear like surfboards and bikes.
The property is tenant-occupied through April 30, 2027, which presents a significant barrier for buyers seeking a primary residence and limits the immediate market to investors.
The monthly HOA fee of $735 is relatively high for a 1,244 sqft townhouse, impacting the overall monthly carrying costs and buyer affordability.
Welcome to 110 Library Lane, a refreshed 2-bedroom, 2-bath townhouse located in Santa Cruz's highly desirable Seabright neighborhood just minutes from beaches, the harbor, and Midtown favorites. The home features updated flooring, fresh paint, new doors, modern lighting, and updated appliances, creating a bright and inviting living space. Vaulted ceilings upstairs enhance the spacious feel of the light-filled bedrooms. Smart home upgrades include app-controlled lighting, Ring security, and smart locks for added convenience. Enjoy private outdoor space ideal for relaxing or entertaining, along with a spacious two-car garage perfect for surfboards, bikes, and beach gear. Close to Seabright Beach, the Rio Theatre, local restaurants, cafes, and neighborhood shops. Tenant occupied through April 30, 2027. Digitally Altered Images Disclosure: Some images in this listing may have been digitally enhanced or virtually staged for illustrative purposes. Alterations may include the addition or removal of furniture, fixtures, landscaping, or other features. Original, unaltered images are available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,244 | 1,177.667 |
| Lot Size | - | 1,139.778 |
| Price | $910.0K | $877.7K |
| Price per sq ft | $732 | $754 |
| Built year | 1996 | 1984 |
| HOA | $735.0 | $614 |
| Days on market | 35 | 42 |
Aug 5, 2026
$910,000
Initial Listing
Jun 10, 2022
$858,000
Public Record
May 20, 2008
$510,000
Public Record