236 Ocean Street
$1,900,000
9,853 / 0.23
Description
1,749 sq. ft. single story building and 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 rental income is strong $7K-9K monthly (more when farmers market is present) and there is additional...1,749 sq. ft. single story building and 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 rental income is strong $7K-9K monthly (more when farmers market is present) 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 , 2-4 stories tall, quite possibly more units and 1-2 more stories height increase subject to buyers approved 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 to perform due diligence
- Listed by Paul Zech • DRE #01965059 • Brokerage DRE #01908304 • Coldwell Banker Realty • 831-247-3007
- Listed by Jessica Wallace • DRE #01455690 • Brokerage DRE #01908304 • Coldwell Banker Realty
Property Details for 236 Ocean Street
MLS City Name
SANTA CRUZ
Building TypeLots and Land
Cross StreetBarson Street
LISTING UPDATED: 11/08/2024 03:07 PM
Property Details for 236 Ocean Street
Status | Active |
---|---|
MLS # | ML81957963 |
Days on Compass | 250 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | LOTS AND LAND / Lots and Land |
Year Built | - |
Lot Size | 0.23 AC |
County | Santa Cruz County |
Building Information for 236 Ocean Street
Lot Size0.23 AC
Property Information for 236 Ocean Street
Property History for 236 Ocean Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 236 Ocean Street
Taxable ValueLand$525,406Additions$223,298Total$748,704
Tax Record2024$8,868 ($739 / month)
Home Facts
Total Finished SqFt1,749 SqFtAbove Grade Finished SqFt1,749 SqFtStories1Lot Size6,403 SqFtStyleMedical BuildingsYear Built1962CountySANTA CRUZAPN010-165-18
Schools near 236 Ocean Street
This home is within Santa Cruz City High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gault Elementary School PublicK to 5 | ||
Mission Hill Middle School Public6 to 8 | ||
Harbor High School Public9 to 12 | ||
Santa Cruz High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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