119 Kennan Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 3 bath
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Santa Cruz, California 95060
This Renovated Coastal Bungalow with Detached Cottage is a Prime Investment Opportunity, listed at $1,275,000—positioned below the $1,308,464 Fair Market Value by 2%. This valuation gap offers $33,464 in Instant Equity. Boasting a Condition Rating of 3, the 1924 main home features modern stainless appliances and hardwood floors, while the 320 SF garden cottage provides immediate rental versatility or multi-generational utility. Situated on a spacious 7,362 SF lot with wraparound decks and patios, this property is a high-utility asset for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 119 Kennan Street Subject | $1,275,000* List Price | 3 | 3 | 1,056 | $1,239 | - |
A 336 Dakota Avenue Sold | $1,165,000 | 2 | 1 | 988 | $1,179 | 0.4 mi |
B 449 High Street Sold | $1,175,000 | 2 | 2 | 1,220 | $963 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1924 bungalow is in move-in ready condition following extensive renovations. It features updated stainless steel appliances, a farmhouse sink, modern recessed lighting, skylights, and a mix of refinished original hardwood floors and new carpeting. While the kitchen and bathrooms are well-maintained and functional with modern fixtures, the use of tile countertops and the overall age of the structure suggest the renovations, while high-quality, are not brand new, placing it firmly in the 'good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7362, living area = 1056.
The property features a detached 320 SF garden cottage with a full bathroom, providing excellent potential for rental income, a private home office, or guest accommodations.
Ideally situated in a sunny Santa Cruz neighborhood, the home offers convenient access to UC Santa Cruz, downtown amenities, local beaches, and the iconic Boardwalk.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At approximately 1,056 square feet for the primary 2-bedroom residence, the interior space may feel restrictive for buyers accustomed to larger modern floor plans.
Despite recent renovations, the 1924 construction date suggests potential ongoing maintenance requirements typical of vintage homes regarding foundation and utility systems.
Charming Single Story Beach Bungalow in Sunny Santa Cruz, ideally located near UC Santa Cruz, Downtown, beaches, and the Boardwalk. This unique coastal property features an approximate 1056 SF 2-BD/1.5-BA main home plus a detached 320 SF 1BD/1BA garden cottage on a spacious 7,362 SF gated lot. The renovated 1924 bungalow blends classic character with modern comfort, including hardwood floors, plush carpet, fresh interior and exterior paint, original built-ins, updated lighting, a modern gas fireplace, forced-air heating, and a solid roof. An open layout flows seamlessly to decking and concrete patios for easy indoor-outdoor living. A majestic heritage redwood anchors the yard, creating a peaceful coastal setting. The updated kitchen features stainless appliances, tile countertops, a farmhouse sink, new micro-hood, interior laundry and abundant storage. Outdoor spaces include wraparound decks, patios, mature trees, and garden beds. Detached office/guest space, carport with storage, and bonus outbuilding offer flexibility for guests, rental income, or a relaxed coastal retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,056 | 1,706 | 14% |
| Lot Size | 7,362 | 7,100 | 53% |
| Price | $1.27M | $1.36M | 39% |
| Price per sq ft | $1.2K | $845 | 86% |
| Built year | 1924 | 1977 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 96 | 2% |
Mar 30, 2026
$1,275,000
Initial Listing
Jun 10, 2021
$1,040,000
Public Record
Jul 11, 2018
$722,000
Public Record
Nov 26, 2003
$475,000
Public Record