Listed By Coldwell Banker Realty, Paul Zech
236 OCEAN ST SANTA CRUZ, CA 95060
$1,900,000
0.23
Acres
CN
Zoning
Active
Status
MLS#
ML81957573
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.
Details for 236 OCEAN ST
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Coldwell Banker Realty, (831) 688-6461
MLS# ML81957573
Updated 3:56PM - 5/2/2024
Listing Agent Paul Zech, 831-247-3007
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