
Santa Cruz, California 95062
This Versatile Multi-Unit Property represents a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,449,036 Fair Market Value by 3%. This valuation gap offers $50,036 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property is turn-key with modern updates. Its dual-unit layout, private yards, and attached garages provide excellent flexibility for Buy-and-Hold Investors or Owner-Occupants seeking rental income in a prime Live Oak location near Santa Cruz beaches.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2050 Halterman Avenue Subject | $1,399,000* List Price | 4 | 4 | 1,920 | $755 | - |
A 1855 Rodriguez Street Sold | $1,435,000 | 3 | 3 | 1,595 | $900 | 0.2 mi |
B 3325 Axford Road Sold | $1,525,000 | 4 | 2 | 1,648 | $925 | 0.4 mi |
C 1355 Brommer Street Sold | $1,305,000 | 3 | 2 | 1,719 | $759 | 0.8 mi |
D 1500 Dougmar Drive Sold | $1,560,000 | 4 | 2 | 1,799 | $867 | 0.7 mi |
E 2200 Pelican Sold | $1,425,000 | 4 | 3 | 2,064 | $690 | 0.1 mi |
F 3239 Churnside Lane Sold | $1,350,000 | 3 | 2 | 1,433 | $942 | 0.3 mi |
G 1950 Catalina Drive Pending | $1,250,000 List Price | 4 | 2 | 1,409 | $887 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1970, the property is recently updated and turn-key. Interior photos show newer laminate flooring, recessed lighting, and a renovated bathroom with modern tile work. The kitchen, while featuring older cabinet boxes, has been refreshed and is fully functional, meeting the criteria for a well-maintained, move-in ready home.
The property features two spacious 2-bedroom units with separate garages, laundry, and private yards, making it an ideal setup for investors, multi-generational living, or owner-occupants seeking rental income.
Recently updated and well-maintained, the interior offers abundant natural light and modern finishes, allowing for immediate occupancy without the need for significant initial renovations.
Situated on a prime corner lot in the established Live Oak neighborhood, the property is conveniently located near multiple parks, local dining, and Santa Cruz beaches.
Marketing materials and photographs currently only showcase the interior of Unit B, which may create uncertainty for buyers regarding the specific condition and layout of Unit A.
Despite recent cosmetic updates, the 1970 construction year suggests that underlying core systems may eventually require more maintenance compared to newer developments.
Set on a desirable corner lot, 2050 Halterman offers two spacious 2-bedroom, 1.5-bath units totaling approximately 1,920 square feet of combined living space. Recently updated and turn-key, the property is filled with natural light and features mature landscaping including multiple birch trees in the front yard generous private yards, and two attached garages. An ideal setup for owner-occupants, multi-generational living, or investors each unit offers comfortable, light-filled living space, separate laundry, garage parking, and its own fenced outdoor area. Conveniently located near Chanticleer, Felt, and Jose County Parks, as well as local shops, restaurants, and Santa Cruz beaches, this versatile property offers comfortable living and flexibility in a well-established Live Oak neighborhood. Note that photographs only include images of Vacant Unit B.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.3 |
| Square foot | 1,920 | 1,697.986 |
| Lot Size | 6,795 | 6,864.608 |
| Price | $1.40M | $1.63M |
| Price per sq ft | $729 | $940 |
| Built year | 1970 | 1973 |
| HOA | $0 | $352 |
| Days on market | 15 | 38 |
Aug 25, 2026
$1,399,000
Initial Listing
Oct 12, 2016
$400,000
Public Record
Apr 18, 2011
$556,000
Public Record
Mar 25, 2005
$840,000
Public Record
Oct 30, 2002
$219,000
Public Record