Active
236 Ocean ST
SANTA CRUZ CA, 95060
$1,900,000
$192.83 per sqft
Active
0.23 Acres
Land
Listed by Coldwell Banker Realty, Paul Zech, Jessica L. Wallace Listing Contact: 8312473007
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.
ML81957963
MLSⓇ ID
March 18, 2024
Listed
October 1, 2024
Updated
Map
236 Ocean ST
SANTA CRUZ CA, 95060
Exterior/Building Features
Lot Size
0.23 Acres
Lot Features
Level
Sewer
Public Sewer
School Information
School District
Santa Cruz City Elementary
Other Property Details
Area Name
East Santa Cruz
Garage
No
View
No
County
Santa Cruz
Water Source
Public
Pool
No
Zoning
CN
Listed by Coldwell Banker Realty, Paul Zech, Jessica L. Wallace
Listing Contact: 8312473007
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Data last updated 7:14 PM UTC, 10/1/2024