236 Ocean Street Santa Cruz, CA 95060
Listing Courtesy of: MLSlistings Inc. / Coldwell Banker Realty / Paul Zech / Jessica Wallace - Contact:  831-247-3007

  236 Ocean Street Santa Cruz, CA 95060

Active (66 Days)
$1,900,000

Description

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.

MLS #:
ML81957963
Lot Size
9,853 SQFT
Type
Land
School District
840
County
Santa Cruz County

Listed By

Paul Zech, DRE #01965059 CA, Coldwell Banker Realty, Contact: 831-247-3007
Jessica Wallace, DRE #01455690 CA, Coldwell Banker Realty
Source
MLSlistings Inc.
Last checked May 23 2024 at 6:28 AM GMT+0000
Bathroom Details
Lot Information
  • Grade - Level
Utility Information
  • Utilities: Public Utilities, Water - Public
  • Sewer: Sewer - Public
Additional Listing Info
  • Buyer Brokerage Commission: 2.00
Location
   
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