12550 Highway 9, Boulder Creek, California 95006, Boulder Creek, 95006 - 2 bed, 1 bath
12550 Highway 9
Boulder Creek, California 95006
Property Price
SUMMARY
Analysis of 12550 Highway 9, Boulder Creek, California 95006 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Boulder Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1931, this property's residential section, including the kitchen and bathroom, is severely outdated with old fixtures, appliances, and finishes, requiring substantial rehabilitation. While the commercial front has a fresh coat of paint and new carpet, it's a superficial update that doesn't offset the significant renovations needed for the living spaces to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Mixed-Use Potential
The property's unique configuration with a commercial front and residential back offers exceptional versatility for both owner-occupancy (live-work) and investment purposes.
- Prime Downtown Location
Situated in downtown Boulder Creek, the property benefits from high visibility for commercial operations and convenient access to local amenities for residents.
- Abundant Natural Light
Grand windows and skylights flood the interior with natural light, creating a welcoming and appealing atmosphere for both business and living spaces.
CONSRISKS & DEFICIENCIES
- Historic Property Age
Built in 1931, the property is very old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and the need for significant capital expenditures for renovations or deferred maintenance.
- Limited Residential Amenities
With only 2 bedrooms and 1 bathroom for 2436 sqft, the residential portion may be functionally limited for modern living standards or larger households, potentially requiring costly reconfigurations.
- Extended Days on Market
The property was on the market for 69 days before going 'Active Under Contract,' which could indicate initial pricing challenges, market resistance, or potential issues uncovered during due diligence.
About 12550 Highway 9
An opportunity for homebuyers and investors alike, this property is located in downtown Boulder Creek with a commercial front and residential back, this is the chance of a lifetime in the beautiful redwoods. Grand windows in the front of the building create a welcoming atmosphere for visitors, and the vast space with natural light streaming in from skylights is an open, clean slate for many different types of businesses.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1931
- Lot Size
- 10,977 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 48% |
| Baths | 1.0 | 2.0 | 28% |
| Square foot | 2,436 | 1,560 | 92% |
| Lot Size | 10,977 | 20,996 | 32% |
| Price | $799.0K | $700.0K | 64% |
| Price per sq ft | $328 | $481 | 20% |
| Built year | 1931 | 1954 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 1278 | 220 | 0% |
Pricing History
Listed for Sale
Sep 6, 2022
$799,000
Initial Listing