
Santa Cruz, California 95062
This Versatile Coastal Residence is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,369,000 Fair Market Value by 5%. This valuation gap offers $70,000 in Instant Equity. The property maintains a Good Condition Rating with recent infrastructure upgrades, including a new roof and electrical. Featuring a flexible layout with an attached second space, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income or multi-generational living near the beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1355 Brommer Street Subject | $1,299,000* List Price | 3 | 2 | 1,719 | $796 | - |
A 1500 Dougmar Drive Sold | $1,560,000 | 4 | 2 | 1,799 | $867 | 0.1 mi |
B 928 Windham Street Sold | $1,632,000 | 3 | 2 | 1,705 | $957 | 0.9 mi |
C 1932 Lotman Drive Sold | $1,430,000 | 4 | 2 | 1,789 | $799 | 1.0 mi |
D 1764 Del Mar Court Sold | $1,250,000 | 3 | 3 | 1,468 | $851 | 0.4 mi |
E 2027 Koopmans Avenue Sold | $1,360,000 | 3 | 2 | 1,393 | $976 | 0.6 mi |
F 3325 Axford Road Pending | $1,349,000 List Price | 4 | 2 | 1,648 | $819 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1943, the property is well-maintained and move-in ready. It features meaningful recent upgrades to major systems including the roof, plumbing, and electrical. The interior finishes, kitchen, and baths appear updated within the 5-15 year range, meeting the criteria for good condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1719.
The unique layout features an attached second space with a private entrance, offering immediate potential for rental income, an ADU conversion, or multi-generational living.
Situated less than a mile from the beach and minutes from Pleasure Point and Capitola, the property offers an ideal location for those seeking the quintessential Santa Cruz lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1719, other record living area = 1579.
Originally constructed in 1943, the property may feature smaller room dimensions or layout limitations common to homes of that era compared to modern open-concept designs.
A recent $70,000 price reduction shortly after listing suggests the initial asking price was above market expectations, which may impact buyer perception of value.
Sunshine, Space & Endless Possibility in the Heart of Santa Cruz. Natural light is the defining feature of this thoughtfully maintained home, bright and welcoming from morning to evening with an easy indoor/outdoor flow made for California living. Step outside and find a beautifully landscaped, resort-like backyard suited for quiet relaxation or effortless entertaining. Five producing fruit trees, lemon, grapefruit, peach, pomegranate, and persimmon, plus low-maintenance landscaping keep things looking great year-round. Two detached sheds offer bonus storage, office, or gym space. Plenty of off-street parking rounds out the package. Currently configured as a 2-bedroom, 1-bath main residence plus an attached second space with its own private entrance, parking, and yard, the layout offers rare versatility. Easily convert the second space into an ADU for rental income or multi-generational living, or reconnect the two areas into a seamless 3-bedroom, 2-bath single-family home. Less than a mile to the beach, minutes from Pleasure Point, with quick access to Capitola, the Westside, downtown Santa Cruz, and Highway 1. The home has seen several meaningful upgrades in recent years, including the roof, plumbing, electrical, and more, and shows true move-in ready condition throughout.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,719 | 1,641 |
| Lot Size | 7,405 | 6,229 |
| Price | $1.30M | $1.57M |
| Price per sq ft | $756 | $939 |
| Built year | 1943 | 1978 |
| HOA | $0 | $288 |
| Days on market | 27 | 37 |
Jul 10, 2026
$1,299,000
$1,369,000
-5% Price Drop
Initial Listing
Jun 26, 2026
$1,369,000
Initial Listing
Oct 19, 2012
$365,000
Public Record
Oct 10, 2006
$670,000
Public Record
May 1, 2001
$445,000
Public Record