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1124 Laurel Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 2 bath

1124 Laurel Street, Santa Cruz, California 95060 home-pic-0
ACTIVE UNDER CONTRACT$1,299,000
1124 Laurel Street, Santa Cruz, California 95060
3Beds
2Baths
1,100Sqft
6,926Lot

Price Vs. Estimate

The estimated value ($1,211,339.585) is $87,660.415 (6%) lower than the list price ($1,299,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Walkability: The property boasts a prime Westside Santa Cruz location, offering easy walking access to Downtown, Cowells Beach, Lighthouse surf break, West Cliff, schools, restaurants, gyms, and UCSC transit, with convenient Highway 1 access.
Top Cons:
Overpriced Relative to Market Value: The property's current list price of $1,299,000 is 6% above its estimated market value and has already seen a significant price reduction from its original listing, suggesting potential overpricing.

Compared to the nearby listings

Price:$1.30M vs avg $1.50M ($-201,000)31%
Size:1,100 sqft vs avg 1,791.5 sqft14%
Price/sqft:$1.2K vs avg $91082%

More Insights

This property has been on the market for 77 days.
Built in 1910 (115 years old).
Condition: The main house, built in 1910, has been maintained and partially updated, but key areas like the kitchen feature outdated tile countertops, despite newer stainless steel appliances. The absence of central HVAC and the presence of a wall heater suggest older systems. While the detached art studio and new 2023 garage are modern and in excellent condition, the primary living space shows signs of being aged with updates likely 15-30 years old, requiring minor cosmetic updates to meet current buyer expectations.
Year Built
1910
Close
-
List price
$1.3M
Original List price
$1.4M
Price/Sqft
$1,181
HOA
-
Days on market
77 Days
Sold On
2025-12-19
MLS number
ML82023830
Home ConditionFair
Features
Deck
Spa
ViewNeighborhood

About this home

Welcome to this charming 3-bedroom, 2-bathroom home located in the heart of Santa Cruz. This Westside home sits on a spacious flat 6,926 sq. ft. lot. The original 1910 bungalow has been expanded over the years, but retains the cozy character of a pre-war Santa Cruz house. Whether youre housing your UCSC student and their friends, looking for an investment, or creating a family home, this property offers endless possibilities. Bet you can't believe this property could rent for close to $7,800? The property features a 3-car garage, built in 2023, with high ceilings, perfect for storage, or with vision, your next ADU or other creative space. The detached art studio in the back is ideal if youre looking to add rental income, create an office, or house in-laws. The home is an easy walk to Downtown Santa Cruz, Cowells Beach, Lighthouse surf break, and West Cliff. Schools from elementary through high school are all within walking distance, so youll never need to drive the kids. Restaurants, gyms, and UCSC transit are all nearby, with easy Highway 1 access for commuting. A true must-see!

Condition Rating
Fair
The main house, built in 1910, has been maintained and partially updated, but key areas like the kitchen feature outdated tile countertops, despite newer stainless steel appliances. The absence of central HVAC and the presence of a wall heater suggest older systems. While the detached art studio and new 2023 garage are modern and in excellent condition, the primary living space shows signs of being aged with updates likely 15-30 years old, requiring minor cosmetic updates to meet current buyer expectations.
Pros & Cons

Pros

Exceptional Location & Walkability: The property boasts a prime Westside Santa Cruz location, offering easy walking access to Downtown, Cowells Beach, Lighthouse surf break, West Cliff, schools, restaurants, gyms, and UCSC transit, with convenient Highway 1 access.
Strong Income & ADU Potential: With a projected rental income of nearly $7,800/month, a new 3-car garage ripe for ADU conversion, and a detached art studio, the property offers significant income-generating and flexible living opportunities.
New & Versatile Outbuildings: A recently built (2023) 3-car garage with high ceilings and a detached art studio provide substantial value for storage, creative space, or additional rental income.
Generous & Flat Lot: The spacious 6,926 sq. ft. flat lot offers ample outdoor space, potential for landscaping, expansion, or further development in a desirable urban setting.
Historic Charm & Flexible Use: The expanded 1910 bungalow retains its cozy pre-war character, appealing to various buyers including families, investors, or those housing UCSC students, offering endless possibilities.

Cons

Overpriced Relative to Market Value: The property's current list price of $1,299,000 is 6% above its estimated market value and has already seen a significant price reduction from its original listing, suggesting potential overpricing.
Age-Related Maintenance & Systems: As an original 1910 bungalow, the main home, despite expansions, may require ongoing maintenance and updates to older systems such as plumbing, electrical, or insulation.
Extended Days on Market: With 77 days on market, the property has experienced a slower sales cycle, which could indicate buyer hesitation, perceived issues, or that the pricing may still be a factor.

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