INVESTOR ALERT- Opportunity Knocks- This is a 5 Bedroom, 2 bath being rented like a duplex. Buy it with a friend, other family members (aging parents/ adult siblings), or live in one side and rent the other??? Sellers are working with county and architect to finalize it as a single family with JR. ADU. But so many options: build a spec home on this HUGE lot or make it a Single family home again! This Live Oak midtown location is awesome and so easy to get to. Two single-level homes for the price of one. Currently configured as two separate living spaces (3BR/1BA + 2BR/1BA) Buyers are encouraged to explore options to restore the home to a single-family layout, or create a junior ADU, or reimagine the property to suit your vision (buyer to verify with the planning dept). The expansive lot provides flexibility for redevelopment, expansion, or outdoor living enhancements. Ideal for those seeking a project with upside, this property is being offered as-is (cash only) or wait for the red tag to be lifted and finance it. Either way it presents a unique opportunity to add value in a sought-after neighborhood close to beaches, shopping, and all that Santa Cruz has to offer. Seller is open to preemptive offers. Bring your contractor and your imagination.

Listed by of Jennifer Watson of Christie's International Real Estate Sereno (831) 254-8654



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Last checked: 2026-04-18 02:03 PM UTC