Santa Cruz, CA 95060
$2,995,000
Bed
0
Bath
0
Living Space
3,700 SqFt
Year Built
1977
Lot Size
0.32 Acres
Days
15
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.
Listing provided courtesy ofPaul Zech License 01965059 Coldwell Banker Realty
Data provided by MLSListings Inc.
- Gault Elementary School (Elementary) - GreatSchools rating 6/10 - Shoreline Middle School (Middle) - GreatSchools rating 7/10 - Santa Cruz High School (High) - GreatSchools rating 8/10 School District: Santa Cruz City High School District
Within a 1-2 mile radius of the property, several parks offer recreational opportunities. Ocean View Park provides a basketball court, playground, picnic tables, and an off-leash dog area with views of the Boardwalk and Monterey Bay. Other nearby parks include Beach Flats Park, Cowell Beach, Garfield Park, Grant Park, Harvey West Park, and San Lorenzo Park. Wilder Ranch State Park and Henry Cowell Redwoods State Park are also within a short driving distance, offering extensive trails and natural beauty.
The neighborhood surrounding Ocean Street in Santa Cruz, CA, is often referred to as the Lower Ocean or Ocean Street area. This urban neighborhood is characterized by its proximity to downtown Santa Cruz, making it easily walkable to numerous restaurants, shops, and entertainment venues. It has an upbeat and lively atmosphere and is also close to the beach boardwalk and Main Beach. The real estate in this area primarily consists of small to medium-sized single-family homes and apartment complexes, with a significant portion being renter-occupied.
This location is a Walker's Paradise with a Walk Score of 98 out of 100, indicating that daily errands do not require a car. It also has good transit options, with several bus lines nearby, including routes 40, 41, 17, 90X, 4, 4W, 3A, 19, 11, and 2. The Transit Score is not explicitly listed but is described as "Good Transit" due to the many nearby public transportation options.
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.
- Gault Elementary School (Elementary) - GreatSchools rating 6/10 - Shoreline Middle School (Middle) - GreatSchools rating 7/10 - Santa Cruz High School (High) - GreatSchools rating 8/10 School District: Santa Cruz City High School District
Within a 1-2 mile radius of the property, several parks offer recreational opportunities. Ocean View Park provides a basketball court, playground, picnic tables, and an off-leash dog area with views of the Boardwalk and Monterey Bay. Other nearby parks include Beach Flats Park, Cowell Beach, Garfield Park, Grant Park, Harvey West Park, and San Lorenzo Park. Wilder Ranch State Park and Henry Cowell Redwoods State Park are also within a short driving distance, offering extensive trails and natural beauty.
The neighborhood surrounding Ocean Street in Santa Cruz, CA, is often referred to as the Lower Ocean or Ocean Street area. This urban neighborhood is characterized by its proximity to downtown Santa Cruz, making it easily walkable to numerous restaurants, shops, and entertainment venues. It has an upbeat and lively atmosphere and is also close to the beach boardwalk and Main Beach. The real estate in this area primarily consists of small to medium-sized single-family homes and apartment complexes, with a significant portion being renter-occupied.
This location is a Walker's Paradise with a Walk Score of 98 out of 100, indicating that daily errands do not require a car. It also has good transit options, with several bus lines nearby, including routes 40, 41, 17, 90X, 4, 4W, 3A, 19, 11, and 2. The Transit Score is not explicitly listed but is described as "Good Transit" due to the many nearby public transportation options.
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.
