338 Ocean Street, Santa Cruz, CA 95060

$2,500,000
2,150
SqFt

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List Price
$2,500,000
Status
ACTIVE
MLS#
ML82030410
Year Built
1885
Living Sq. Ft
2,150
Lot Size
17,076
Acres
0.39
Days on Market
249
Property Type
Multifamily
Style
Victorian
Property Sub Type
Duplex

Property Description

Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.

Additional Information

Taxes
$5,885
Cooling
Yes
Cooling Description
None
Roof
Composition
Garage Spaces Total
2
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$72,400

Listing courtesy of Listing Agent: Paul Zech (paul.zech@cbrealty.com) from Listing Office: Coldwell Banker Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.