Santa Cruz, CA 95060
$1,850,000




Bed
0
Bath
0
Living Space
N/A SqFt
Year Built
1936
Lot Size
6,534 SqFt
Days
12
703 Pacific Ave presents a compelling investment opportunity in one of Santa Cruzs most strategically positioned areas, located within the South of Laurel (SOLA) Plan area, which provides meaningful long-term development potential while offering investors the benefit of stable in-place income today. Offered at $1,850,000, the property is currently occupied by a long-term tenant, providing reliable cash flow while an investor holds and evaluates the future development possibilities associated with the SOLA designation. This combination of existing income, a proven tenant, prime Santa Cruz location, and substantial long-term development potential creates an attractive opportunity for an investor seeking both current cash flow and future upside.
Listing provided courtesy ofNick Torres License 01719985 Sherman & Boone Realtors, Erik Barbic License 01736370 Sherman & Boone Realtors
Data provided by MLSListings Inc.
Westlake Elementary School is assigned to this address, with a GreatSchools rating of 9/10. Branciforte Middle School has a GreatSchools rating of 9/10. Santa Cruz High School has a GreatSchools rating of 10/10. School District: Santa Cruz City High School District
Within a 1-2 mile radius of 703 Pacific Avenue, Santa Cruz, CA, 95060, several parks and recreational areas are available. These include DeLaveaga Park, known for its trails, golf course, and disc golf; Depot Park, which offers a playground, picnic area, and bike park; and Garfield Park, featuring a playground, basketball court, and picnic tables. Additionally, Beach Flats Park provides a playground and picnic tables, while Bethany Curve offers a greenbelt trail for walking and biking.
The property at 703 Pacific Avenue is located in the Downtown Santa Cruz neighborhood. This area is characterized by its vibrant urban environment, with a strong emphasis on walkability and access to local businesses, dining, and community events. The Fábrica, a community center and non-profit focused on sustainable living, skill-sharing, and creative communities, is located at this address. SubRosa Community Space, a cafe and cultural hub that hosts local artists and live shows, is also situated at 703 Pacific Avenue.
The Downtown Santa Cruz area, where 703 Pacific Avenue is located, is highly walkable, with a Walk Score of 95. It is also a key transit hub for the Santa Cruz Metropolitan Transit District, offering various local routes and connections to regional travel. While a specific Transit Score for this exact address was not found, the broader Downtown Santa Cruz area has a Transit Score of 49.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
Westlake Elementary School is assigned to this address, with a GreatSchools rating of 9/10. Branciforte Middle School has a GreatSchools rating of 9/10. Santa Cruz High School has a GreatSchools rating of 10/10. School District: Santa Cruz City High School District
Within a 1-2 mile radius of 703 Pacific Avenue, Santa Cruz, CA, 95060, several parks and recreational areas are available. These include DeLaveaga Park, known for its trails, golf course, and disc golf; Depot Park, which offers a playground, picnic area, and bike park; and Garfield Park, featuring a playground, basketball court, and picnic tables. Additionally, Beach Flats Park provides a playground and picnic tables, while Bethany Curve offers a greenbelt trail for walking and biking.
The property at 703 Pacific Avenue is located in the Downtown Santa Cruz neighborhood. This area is characterized by its vibrant urban environment, with a strong emphasis on walkability and access to local businesses, dining, and community events. The Fábrica, a community center and non-profit focused on sustainable living, skill-sharing, and creative communities, is located at this address. SubRosa Community Space, a cafe and cultural hub that hosts local artists and live shows, is also situated at 703 Pacific Avenue.
The Downtown Santa Cruz area, where 703 Pacific Avenue is located, is highly walkable, with a Walk Score of 95. It is also a key transit hub for the Santa Cruz Metropolitan Transit District, offering various local routes and connections to regional travel. While a specific Transit Score for this exact address was not found, the broader Downtown Santa Cruz area has a Transit Score of 49.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.