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1610 Bulb Avenue

Live Oak CA 95062

1029 sq. ft.
13416 sq. ft.
Duplex
Currently for sale - view listing

Overview

Prime Development property! Lot split for 10 additional units given green light by County of Santa Cruz using SB1123. Total of 5 lots to construct 5 SFRs with attached JADU's will go on newly created back parcel and front parcel will remain with existing charming California 2/1 + 1/1 cottage. Front parcel has long driveway for parking & plenty of room will remain for an additional 2 bedroom, 2 bath ADU (plans & bid available with sale). Rear parcel will use SB1123 zoned for up to 10 units (5 single family homes with attached JADUs. Property in total is 13,000+sq.ft., level & adjacent to Capitola! The super cute 2-bedroom, 1-bathroom main house spans 1,029 sq.ft. & features two ground floor bedrooms and a beautifully updated bath w/ tub. Large patio & inside laundry area w/ a washer & dryer. Also existing is a detached 1-bed, 1-bath ADU of approximately 300 sq ft (buyer to verify size), perfect for guest quarters or keep as additional rental income. Both units are fully rented. Exceptional flexibility & upside, this property is ideal for developers, investors, owner-users, or anyone looking to create a multi-unit rental property in one of Santa Cruz's highly desirable neighborhoods. Across from the Capitola Mall.

Features

1029 sq. ft. floor area
13416 sq. ft. lot size
Duplex

Happy sellers in Live Oak

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Local market activity for duplexes in Live Oak

In the last 12 months, 11 duplexes similar to 1610 Bulb Avenue, have been sold.

This represents a 62% increase in duplexes sales when compared to the previous 12 months.

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