Ocean ST

Ocean ST, Santa Cruz, CA 95060

$2,995,000

Two Contiguous Parcels 13 TOTAL RENTAL UNITS. This property in this location could really be something more/as in more height 3-4 stories, more units, more income, more value.
328 Ocean St. 13 apartment units, 100% occupied for the last 25 years. Excellent rental income and NOI history. The 13 apartments sit on two parcels favorably Zoned R-M with over 13,808.52 sq. ft; with seventeen parking spaces. Located on major transportation corridor/bus line so, parking is not required if future units are added by going up 3-4 stories. Walk to Santa Cruz Beach Boardwalk, Municipal Wharf and the downtown village of Santa Cruz. One (1) mile to Highway 17 and CA Highway 1 (PCH). These two (2) parcels could be developed to increase height and number of units according to city planning department. 328 Ocean St. parcel one APN 010-551-29 is 7,797.24 sq. ft. Parcel two APN 010-551-30 is 6,011 sq. ft.
"Lower Ocean"neighborhood has and is going through a development renaissance, increasing property values.

Studio

3,700 Sq.Ft. LIVING AREA

0.32 Acres lot

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Thank you for your interest in Ocean ST, Santa Cruz, CA 95060. We are reviewing your request and will be in touch shortly!

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Paul Zech

title Partner | Real Estate Agent | Commercial
PHONE (831) 247-3007
EMAIL [email protected]
DRE # 01965059

Features & Amenities

Area & Lot

Status For Sale
Living Area3,700 Sq.Ft.
Total Area3,700 Sq.Ft.
Lot Area0.32 Acres
MLS® IDML82057686
TypeResidential
YEAR BUILT1977
NeighborhoodSanta Cruz County
School DistrictSantaCruzCityElementary

Exterior

water SourcePublic
utilitiesPublic Utilities, Water Public
roofComposition, Rolled Hot Mop
parkingNo Garage, Off_Street Parking, On Street
HEAT TYPEElectric
AIR CONDITIONINGNone
SubstructureConcrete Perimeter
Disability FeaturesOther

Financial

Sales Price$2,995,000
Zoning RM

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Santa Cruz County

Known for its moderate climate, the natural beauty of its coastline, great surf, redwood forests, and alternative community lifestyles.

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Our expansive network and white-glove service ensure a bespoke experience for both buyers and sellers. At Team Zech Properties, we carefully curate each property and transaction to ensure that personal touch, every time. Contact Paul or Kathleen today to begin your real estate journey.

Ocean ST

$2,995,000

Schedule a Showing

Schedule a Showing

Paul Zech

Features & Amenities

Area & Lot

Exterior

Financial

Mortgage Calculator

Santa Cruz County

Local Connections Expert Insights

Contact Details

Kathleen Zech, Residential Sales

Paul Zech, Commercial Sales

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