RealKey
‪(213) 433-7766‬

399 13th Avenue, Santa Cruz, California 95062, Santa Cruz, 95062 - 3 bed, 3 bath

399 13th Avenue, Santa Cruz, California 95062 home-pic-0
ACTIVE UNDER CONTRACT$1,999,999
399 13th Avenue, Santa Cruz, California 95062
3Beds
3Baths
1,776Sqft
5,009Lot

Price Vs. Estimate

The estimated value ($1,723,688.13) is $276,310.87 (13%) lower than the list price ($1,999,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in the highly sought-after Live Oak neighborhood, just 1.5 blocks from Blacks Beach, and minutes from the SC Harbor, Pleasure Point surf breaks, and local amenities.
Top Cons:
Age of Property: Built in 1929, the property is nearly a century old, which may imply a need for significant updates, renovations, or deferred maintenance to meet modern standards.

Compared to the nearby listings

Price:$2.00M vs avg $1.88M (+$124,999)59%
Size:1,776 sqft vs avg 1,741 sqft52%
Price/sqft:$1.1K vs avg $1.1K50%

More Insights

This property has been on the market for 130 days.
Built in 1929 (96 years old).
Condition: Built in 1929, this triplex shows its age through consistently outdated interiors across all units. The kitchens feature older white cabinets and appliances, and the bathrooms are basic with dated fixtures. While the property appears clean and functional, the flooring (worn carpet, older tile, some laminate) and light fixtures are not modern. There's no evidence of extensive recent renovations, suggesting updates are likely 15-30 years old or more. It is livable and maintained, but requires significant cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Year Built
1929
Close
-
List price
$2M
Original List price
$2.5M
Price/Sqft
$1,126
HOA
-
Days on market
130 Days
Sold On
2025-08-29
MLS number
ML81994540
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Your Dream Beach Home Awaits And It Pays for Itself Have you always envisioned owning a beach home that offers laid-back coastal living while generating income? Welcome to 399, 401, and 403 13th Ave, a rare and versatile Triplex property nestled in the highly sought-after Live Oak neighborhood perfectly between the vibrant SC Harbor and Pleasure Point surf breaks. 3 separate units: a charming SFR a 2-story duplex in back, each unit is 1 bed/1 bath. Investor?, multi-generational family?, beach retreat? Not keen on being a landlord? With SB9, you may be able to split the lot and build your own dream getaway while selling the other half as an incredible development opportunity in a high-demand location. Separate alleyway access and parking, Just 1.5 blocks from Blacks Beach, minutes from Lago di Como, Sunday farmers markets, and world-class surfing, this location allows you to live the life you love. stroll to the Harbor with friends to catch the Wednesday night sailboat races, or catching the sunset after a morning surf. Opportunities like this are incredibly rare especially at this price! Bonus: Seller financing available with a low APR for buyers with a solid down payment. Live, rent, develop or all three. The Santa Cruz beach life is calling. Don't miss your chance to answer.

Condition Rating
Fair
Built in 1929, this triplex shows its age through consistently outdated interiors across all units. The kitchens feature older white cabinets and appliances, and the bathrooms are basic with dated fixtures. While the property appears clean and functional, the flooring (worn carpet, older tile, some laminate) and light fixtures are not modern. There's no evidence of extensive recent renovations, suggesting updates are likely 15-30 years old or more. It is livable and maintained, but requires significant cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly sought-after Live Oak neighborhood, just 1.5 blocks from Blacks Beach, and minutes from the SC Harbor, Pleasure Point surf breaks, and local amenities.
Income-Generating Triplex: A versatile property featuring three separate 1-bedroom, 1-bathroom units, offering immediate income potential for investors or multi-generational living.
Significant Development Potential: Opportunity to split the lot under SB9, allowing for further development or building a dream home while selling off a portion of the property.
Flexible Financing Option: Seller financing is available with a low APR for buyers with a solid down payment, enhancing accessibility for potential purchasers.
Dedicated Access & Parking: The property benefits from separate alleyway access and parking, providing convenience and privacy for each unit.

Cons

Age of Property: Built in 1929, the property is nearly a century old, which may imply a need for significant updates, renovations, or deferred maintenance to meet modern standards.
Unit Size Limitation: All three units are configured as 1-bedroom, 1-bathroom, which might limit the target tenant demographic or appeal to buyers seeking larger living spaces.
Extended Market Time & Price Reduction: The property has been on the market for 130 days and experienced a substantial price reduction from $2.5M to $1.999M, potentially indicating challenges with initial pricing or perceived value.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state