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41 Grandview Street 1204, Santa Cruz, California 95060, Santa Cruz, 95060 - 2 bed, 2 bath

41 Grandview Street 1204, Santa Cruz, California 95060 home-pic-0
ACTIVE UNDER CONTRACT$525,000
41 Grandview Street 1204, Santa Cruz, California 95060
2Beds
2Baths
911Sqft
Lot
Year Built
1989
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$576
HOA
$522
Days on market
63 Days
Sold On
2026-01-06
MLS number
ML82026702
Home ConditionFair
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $525.0K(37th), sqft - 911(47th), beds - 2(50th), baths - 2(50th).

Affordable Westside condo, City of Santa Cruzs Measure O affordable housing program. Located in a convenient location close to many amenities and not far from the beach, a second-floor condo. There are income restrictions and eligibility requirements. Income for 2025 - 1-person: $102,438; 2-persons: $117,096; 3-persons: $131,669; 4-persons: $146,456. Assigned carport parking. Roomy living room is open to dining area and kitchen. Kitchen features granite countertop with plenty of workspace. Two full bathrooms. Two balconies, one off the dining area and the other off the primary bedroom with its own entrance. Close to dining, coffee shops, shopping. Enjoy a quick drive or bike to the beach and walking/biking trails.

Nearby schools

7/10
Westlake Elementary School
Public,•K-5•1.1mi
6/10
Mission Hill Middle School
Public,•6-8•1.2mi
8/10
Santa Cruz High School
Public,•9-12•1.2mi
7/10
Harbor High School
Public,•9-12•3.6mi
7/10
Soquel High School
Public,•9-12•5.6mi

Price History

Date
Event
Price
11/04/25
Listing
$525,000
09/16/22
Sold
$585,000
02/12/20
Sold
$444,000
05/24/13
Sold
$209,000
08/25/05
Sold
$312,500
Condition Rating
Fair
Built in 1989, this property is 35 years old. While it appears well-maintained with clean carpets and fresh paint, the kitchen features older-style wood cabinets, a dated electric range, and older light fixtures, despite having granite countertops and newer stainless steel refrigerator and microwave. At least one bathroom shows a very dated pink toilet, indicating it has not been renovated recently. The overall aesthetic and fixtures suggest the property is functional but would benefit from minor updates to meet current styles and preferences, aligning with the 'Fair' condition criteria for a property built over 20 years ago with no major renovations since construction.
Pros & Cons

Pros

Affordable Housing Opportunity: This condo is part of the City of Santa Cruz's Measure O affordable housing program, offering a unique opportunity for eligible buyers to purchase in a desirable Westside location at a potentially lower entry price point.
Prime Westside Location: The property boasts a convenient location close to numerous amenities, including dining, coffee shops, and shopping, with easy access to the beach and walking/biking trails, enhancing lifestyle appeal.
Functional Interior Layout: The roomy living room is open to the dining area and kitchen, creating an inviting and practical living space, complemented by a kitchen featuring granite countertops and ample workspace.
Private Outdoor Spaces: The condo includes two private balconies, one off the dining area and another with its own entrance off the primary bedroom, providing valuable outdoor relaxation areas.
Dedicated Parking: Assigned carport parking is a significant convenience and value-add, particularly in a sought-after urban coastal area where parking can often be challenging.

Cons

Restrictive Eligibility Criteria: The property is subject to strict income limits and eligibility requirements under the Measure O affordable housing program, severely limiting the pool of potential buyers and complicating the sales process.
Substantial Monthly Association Fee: A monthly association fee of $522.0 is a considerable recurring expense that adds significantly to the overall cost of homeownership and may deter some buyers.
Limited Resale Market: Due to the ongoing affordable housing program restrictions, future resale of the property will also be subject to the same eligibility criteria, potentially impacting its long-term market liquidity and appreciation potential.

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