631 Almar Avenue, Santa Cruz, California 95060, Santa Cruz, 95060 - 3 bed, 2 bath
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Santa Cruz, California 95060
This Value-Add Coastal Residence is listed at $1,459,000—positioned well below the $1,473,657 Fair Market Value by 1%. This valuation gap offers $14,657 in Instant Equity for buyers. Currently holding a Condition Rating of 4, the home requires cosmetic updates but features high-upside elements like bay windows, skylights, and a spacious patio. Located in the premier Westside district just 20 houses from the ocean, the property benefits from exceptional walkability to local arts and dining. This is a strategic acquisition for Owner-Occupants looking to build equity or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 631 Almar Avenue Subject | $1,459,000* List Price | 3 | 2 | 1,452 | $1,015 | - |
A 215 Younglove Avenue Sold | $1,550,000 | 3 | 2 | 1,299 | $1,193 | 0.3 mi |
B 1124 Laurel Street Sold | $1,275,000 | 3 | 2 | 1,100 | $1,159 | 0.9 mi |
C 331 Van Ness Avenue Sold | $1,500,000 | 3 | 1 | 1,318 | $1,138 | 0.9 mi |
D 143 Alamo Avenue Sold | $1,500,000 | 3 | 3 | 1,896 | $791 | 0.8 mi |
E 333 John Street Active | $1,600,000 List Price | 3 | 2 | 1,252 | $1,278 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property shows signs of deferred maintenance typical of a long-term rental. While the kitchen has been partially updated with granite countertops and a newer faucet, the appliances are dated and the cabinetry is basic. The interior features older carpeting and vinyl tile flooring, weathered wood trim, and several areas—particularly the garage and workshop—exhibit peeling paint and unfinished surfaces. The exterior shingle siding and concrete patio also show significant wear, indicating the home is functional but requires various cosmetic updates and minor repairs to meet modern standards.
The property is exceptionally located just 20 houses away from the ocean and Mitchell's Cove, offering immediate access to scenic Westside beaches and state parks.
Situated in a highly desirable residential pocket, the home is within walking distance to the New Leaf grocery store and the vibrant Westside arts district featuring popular restaurants and coffee shops.
The interior features unique bay windows in both the living and dining areas, complemented by multiple skylights that ensure the living spaces are bright and inviting.
Following its tenure as a long-term rental, the home is noted to need significant care and updates to bring it up to modern standards.
The property includes only a one-car garage, which may be a constraint for households with multiple vehicles or those requiring extensive storage.
Great house and amazing walkable location in westside Santa Cruz. Three bedrooms and two full bathrooms across 1,452 square feet of living space. Plus one more room for an office or other options. After being a long term rental the house needs some care Unique to this property is a bay window that enhances the living room space with with natural light. The dining area has a smaller bay window that catches the morning sun to warm and light up the dining area adjacent to the kitchen. Several skylights throughout the house add even more natural light. The one car garage+ has a washer dyer and a small area that looks like it has been used as a good workshop. Walkability is undeniably incredible at this location. The house is in a wonderful residential area and yet you are only a few blocks from New leaf grocery store and that whole artsy west side complex of numerous restaurants, coffee shops and pop up events. Turn to the right and you are almost across the street from a park. Turn right again and look to the ocean which is only 20 houses away along with Mitchell's cove. Up the coast from there a ways are tidepools and Natural Bridges State Park where the monarchs overwinter. Down the coast is Lighthouse Field State Beach. Is it possible to find a better located house?
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,452 | 1,706 | 39% |
| Lot Size | 5,662 | 7,057 | 33% |
| Price | $1.46M | $1.38M | 56% |
| Price per sq ft | $1.0K | $845 | 67% |
| Built year | 1954 | 1977 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 96 | 2% |
Apr 12, 2026
$1,459,000
Initial Listing