319 Jessie Street, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 2 bath
ACTIVE$1,200,000$1,475/sqft
Est. Value: $1,219,009
1%
FairlyEstimate
319 Jessie Street, Santa Cruz, California 95060
3Beds
2Baths
1,475Sqft
5,009.4Lot
Price Vs. Estimate
The estimated value ($1,219,009.245) is $19,009.245 (1%) lower than the list price ($1,200,000). This property may be overpriced.
Key pros and cons
Top Pros:
Valuable RL Zoning: The property benefits from valuable RL (Multiple Residence, Low Density) zoning, offering significant flexibility for future development, expansion, or potential for additional units, enhancing its long-term value.
Top Cons:
Shared Driveway: The driveway is shared with an adjacent property (315 Jessie St.), which could lead to potential access issues, maintenance disputes, or a perceived lack of privacy for future owners.
Compared to the nearby listings
Price:$1.20M vs avg $1.38M ($-182,500)24%
Size:1,475 sqft vs avg 1,615.5 sqft39%
Price/sqft:$814 vs avg $91036%
More Insights
Built in 1979 (47 years old).
Condition: The property was built in 1979, making it 45 years old. Crucially, no interior photos are provided, preventing any assessment of the kitchen, bathrooms, appliances, flooring, or other interior features. As an income-producing rental with long-term tenants, it's reasonable to assume the interior is functional but likely features outdated styles and components consistent with its age or renovations from 15-30 years ago. Without evidence of recent updates, it falls into the 'fair' category, indicating it's aged but maintained, with major components functional but showing signs of being outdated.
Year Built
1979
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$814
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030981
Home ConditionFair
Features
Good View:
View-
About this home
319 Jessie St. offers valuable RL zoning (Multiple Residence, Low Density) and has a proven track record as an income-producing rental, currently leased at $4,800/month. This single-story residence features 1,475 sq. ft. with 3 bedrooms and 2 bathrooms, situated on a 5,000+ sq. ft. lot. The fully fenced yard provides privacy and usability. Please note the driveway is shared with 315 Jessie St. Out of respect for the long-term tenants, interior photos are not being provided at this time. Existing photos have been modified with labels, arrows, and shading for clarity.
P
Paul Zech
Listing Agent
Price History
Date
Event
Price
01/08/98
Sold
$168,000
Condition Rating
Fair
The property was built in 1979, making it 45 years old. Crucially, no interior photos are provided, preventing any assessment of the kitchen, bathrooms, appliances, flooring, or other interior features. As an income-producing rental with long-term tenants, it's reasonable to assume the interior is functional but likely features outdated styles and components consistent with its age or renovations from 15-30 years ago. Without evidence of recent updates, it falls into the 'fair' category, indicating it's aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons
Pros
Valuable RL Zoning: The property benefits from valuable RL (Multiple Residence, Low Density) zoning, offering significant flexibility for future development, expansion, or potential for additional units, enhancing its long-term value.
Strong Rental Income: With a proven track record as an income-producing rental, currently leased at $4,800/month, this property offers immediate and substantial cash flow, making it an attractive investment.
Desirable Santa Cruz Location: Situated in Santa Cruz, a highly sought-after coastal city, the property benefits from strong market demand, desirable lifestyle, and potential for appreciation.
Single-Story Layout: The single-story residence offers broad appeal, providing accessibility and convenience for a wide range of buyers, including families, seniors, or those seeking ease of living.
Private, Fenced Yard: A fully fenced 5,000+ sq. ft. yard provides valuable private outdoor living space, enhancing usability, privacy, and appeal for families and pet owners.
Cons
Shared Driveway: The driveway is shared with an adjacent property (315 Jessie St.), which could lead to potential access issues, maintenance disputes, or a perceived lack of privacy for future owners.
Absence of Interior Photos: The lack of interior photos significantly hinders a buyer's ability to assess the property's current condition, layout, and aesthetic appeal, potentially deterring interest and requiring more effort from prospective buyers.
Tenant Occupancy Constraints: The presence of long-term tenants, while providing income, may limit showing flexibility, access for inspections, and overall buyer engagement, potentially complicating and extending the sales process.