236 Ocean Street, Santa Cruz

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Santa Cruz Home For Sale

These two parcels have significant development opportunities. This property is a prime investment opportunity because of the possible many uses and its zoning the City of Santa Cruz has shared with the seller. The location allows for no required parking on site. There are two parcels. One is 6,409 Sq Ft, and the other is 3,444 Sq Ft. Total approx. 9,853 Sq Ft. The current income is strong, and there is additional space inside and outside to generate more. Development insights provided by Santa Cruz City Planning & Zoning Dept. states Currently a minimum of 6 units would be permitted , two stories tall, quite possibly more units and height increase subject buyers plans. City also declares the site does qualify for low income housing and in that case, developer could possibly go to 5 stories tall and there is no maximum number of units. The seller and agents do not warranty what is written, and buyer due diligence is recommended.

Property Details

236 Ocean StreetLot Size: 0.23Price: $1,900,000Zip: 95060
MLS® #: ML81957573School District: OtherDays on Market: 121Listed By: Paul Zech, Coldwell Banker Realty

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Additional Information

  • City:
    Santa Cruz
  • County:
    Santa Cruz
  • Zip:
    95060
  • MLS® #:
    ML81957573
  • Lot Size:
    0.23
  • School District:
    Other
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of July 14th, 2024 at 7:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.