tomo logo

$1,525,000

Beds
4
Baths
3.0
sq ft
1,988

640 17th Ave, Santa Cruz, CA 95062

640 17th Ave

Santa Cruz, CA 95062

  • 123 days on market
    • Price drop $74,950↓
Your Santa Cruz Dream Investment Opportunity Awaits! Seize this rare chance to invest in a stunning coastal property, available for the first time in 40 years! This versatile home seamlessly blends classic charm with modern upgrades, perfect for homeowners and savvy investors alike. With 1,988 sq ft, the main house offers 3 spacious bedrooms and 2 remodeled bathrooms, making it ideal for maximizing rental income. The luxury renovated kitchen and spacious upstairs unit featuring an additional 1 bedroom and large living area make it perfect for Airbnb, long-term rentals or even converted into a 5 bedroom home! Embrace the California lifestyle with outdoor spaces perfect for entertaining, plus rare parking for 4-5 vehicles which is a must-have in beachside living. Just a 7-minute stroll from Sunny Cove Beach, you will be surrounded by schools, parks, trendy dining, shopping and endless outdoor adventures which all help drive up investment year over year! . Recent upgrades include a new roof and a warming gas fireplace, enhancing comfort and efficiency. This gem has thrived as a vacation rental since 2015, with income projections readily available. Don't miss this unique investment opportunity! Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$1,178,004

Lot size

4,617 sq ft

Price per sq ft

$768

Year built

1940

Monthly HOA fee

$25

Price History

02/13/2025
BridgeMLS

BridgeMLS #ML81987780

Price change
$1,525,000
-4.68%
12/05/2024
BridgeMLS

BridgeMLS #ML81987780

Listed
$1,599,950

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Cruz City High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

October 2010

Original loan amount

$87,385

Est. remaining balance

$4,416

Interest rate

3.83%

Loan type

New Conventional, 15 year

Seller

Terry Hutson and Kathleen Hutson

Lender

Wells Fargo Bank Na

Loan start date

February 2007

Original loan amount

$467,138

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

Credit Line (Revolving), 40 year

Seller

Terry Hutson and Kathleen Hutson

Lender

Rsl Mtg Corp

Loan start date

March 1997

Original loan amount

$100,000

Est. remaining balance

$16,018

Interest rate

7.85%

Loan type

Not Provided, 30 year

Seller

Terry Hutson and Kathleen Hutson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/05/2025 at 6:20 PM

Listing updated: 04/02/2025 at 5:15 AM

Listed by: Deven H. Siggins, Epique Realty Phone #: (831) 331-6594

MLS: BridgeMLS #ML81987780

BridgeMLS logo

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