
Santa Cruz, California 95062
This Single Family Residence presents a Strong Value Opportunity, listed at $1,347,500—positioned well below the $1,489,825 Fair Market Value by 9%. This valuation gap offers $142,325 in Instant Equity for the buyer. While the home maintains a Condition Rating of 4, it offers significant upside through cosmetic modernization of the kitchen and baths. Featuring a 10,062 SF lot and a private patio, this property is ideal for Value-Add Investors or Owner-Occupants seeking a prime Santa Cruz location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 999 Live Oak Avenue Subject | $1,347,500* List Price | 4 | 3 | 1,703 | $875 | - |
A 1920 Koopmans Avenue Sold | $1,535,000 | 3 | 2 | 1,646 | $933 | 0.7 mi |
B 1515 Brommer Street Sold | $950,000 | 4 | 2 | 1,434 | $662 | 0.4 mi |
C 928 Windham Street Sold | $1,632,000 | 3 | 2 | 1,705 | $957 | 0.6 mi |
D 2027 Koopmans Avenue Sold | $1,360,000 | 3 | 2 | 1,393 | $976 | 0.8 mi |
E 1355 Brommer Street Active | $1,369,000 List Price | 3 | 2 | 1,719 | $796 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the home is well-maintained and functional but significantly dated. The kitchen features original-style oak cabinetry and tile countertops that appear to be over 30 years old. While the property is move-in ready and staged nicely, it requires cosmetic updates to the kitchen and bathrooms to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10062, living area = 1703.
The property features a generous 10,062 SF lot, offering significant privacy and 'endless possibilities' for outdoor living, gardening, or potential expansion in a desirable Santa Cruz neighborhood.
Ideally located with direct access to Twin Lakes hiking trails, this home is perfect for outdoor enthusiasts seeking a coastal lifestyle integrated with nature.
Built in 1977, the property may require significant modern updates or renovations to align with contemporary luxury standards and energy efficiency.
With a list price of over $1.3M for a 1,700 SF home from the 1970s, the value is heavily tied to the land and location, which may necessitate additional capital for improvements.
Hidden Treasure! The best surprises are often hidden in plain sight! Welcome to 999 Live Oak Ave, a secret gem tucked away on a quiet private road. This 4 BDRM 2 1/2 BATH 1700 SF home sits on a 10,000 SF lot with endless possibilities. Ideal location with access to Twin Lakes hiking trails. Come take a look-you may find your hidden treasure.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,703 | 1,641 |
| Lot Size | 10,062 | 6,229 |
| Price | $1.35M | $1.57M |
| Price per sq ft | $791 | $939 |
| Built year | 1977 | 1978 |
| HOA | $0 | $288 |
| Days on market | 20 | 37 |
Jul 3, 2026
$1,347,500
Initial Listing