755 7th Avenue, Santa Cruz, California 95062, Santa Cruz, 95062 - 2 bed, 3 bath
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Santa Cruz, California 95062
This High-Potential Investment Opportunity is listed at $855,000, positioned well below the $888,162 Fair Market Value by 3%. This valuation gap offers $33,162 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this turnkey townhome includes a private backyard with a hot tub and dual en-suite bedrooms. Located near top-rated schools like Santa Cruz High, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking coastal lifestyle stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 755 7th Avenue Subject | $855,000* List Price | 2 | 3 | 1,187 | $748 | - |
A 114 Annie Lane Sold | $1,005,000 | 2 | 2 | 1,159 | $867 | 0.3 mi |
B 1165 Whitewater 1165 Sold | $735,000 | 2 | 1 | 987 | $745 | 0.6 mi |
C 710 Freeman Court Sold | $870,000 | 2 | 2 | 1,104 | $788 | 0.7 mi |
D 117 Gault Street B Sold | $925,000 | 2 | 2 | 1,125 | $822 | 0.9 mi |
E 1200 Capitola Road 7 Active | $775,000 List Price | 3 | 3 | 1,333 | $581 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1982, it has undergone significant renovations that appear to be within the 5-15 year range. The kitchen features updated dark wood cabinetry and stainless steel appliances, and the bathrooms have been modernized with solid-surface vanities and updated lighting. The interior shows well-maintained flooring, fresh paint, and functional systems, making it move-in ready.
Situated in the highly desirable Twin Lakes area, this property offers exceptional walkability to Twin Lakes State Beach, Santa Cruz Harbor, and Arana Gulch Trails.
The floor plan features two spacious bedrooms each with its own private en-suite bathroom and vaulted ceilings, providing superior privacy and an open, airy atmosphere.
Unlike many townhomes, this corner unit includes a private backyard retreat with a hot tub and outdoor shower, perfectly catering to the Santa Cruz coastal lifestyle.
The monthly HOA fee of $556 represents a significant recurring carrying cost that may impact the overall affordability for some buyers.
With only a single-car garage and a compact 1,187 square foot interior, the property may feel restrictive for households with multiple vehicles or those requiring more storage space.
Tucked away in a prime Twin Lakes location, this beautifully appointed 2-bedroom, 2.5-bath corner unit townhome offers the perfect blend of comfort, style, and coastal convenience. Both spacious bedrooms feature private en-suite bathrooms, while vaulted ceilings fill the home with natural light and create an open, airy feel throughout. Step outside to your own private backyard retreat complete with a hot tub and outdoor shower adjacent to the private sideyard, ideal after a day at the beach. Additional features include a single-car garage and thoughtful indoor-outdoor living spaces designed for the Santa Cruz lifestyle. Enjoy being just moments from Arana Gulch Trails, Twin Lakes State Beach, Santa Cruz Harbor, Harbor Cafe, and Crows Nest Restaurant, with easy access to some of the areas best dining, recreation, and coastal amenities.
No exterior & parking available.
Grades 6-8 • 1.0 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,187 | 1,165 | 55% |
| Lot Size | 1,525 | 566 | 91% |
| Price | $855.0K | $855.0K | 50% |
| Price per sq ft | $720 | $788 | 27% |
| Built year | 1982 | 1984 | 27% |
| HOA | $556.0 | $556 | 50% |
| Days on market | 10 | 79 | 9% |
May 27, 2026
$855,000
Initial Listing
May 1, 2008
$425,000
Public Record
Sep 9, 2005
$550,000
Public Record