236 Ocean ST, Santa Cruz, CA 95060

$1,900,000
List Price
$1,900,000
MLS#
ML81957963
Status
ACTIVE
Zoning
CN
Lot Size
9,853
Property Type
lnd
Neighborhood
East Santa Cruz

Property 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.

Additional Information

Acres
0.23
Development Status
Improvements - Other, Other - Call Listing Agent
Fence
Partial Fencing
Lot Description
Grade - Level
Lot Size
9,853
Neighborhood
East Santa Cruz
Other Utilities
Public Utilities
Parcel Access
City Street
Present Use
Business/Professional, Commercial, Live / Work, Medical/Dental
Sewer
Sewer - Public
Zoning
CN

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Paul Zech from Coldwell Banker Realty. 831-247-3007

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