236 Ocean ST Santa Cruz, CA 95060
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.
- Property TypeLand
- NeighborhoodN/A
- CountySanta Cruz
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site52 Days
- MLS StatusActive
- MLS ID NumberML81957963
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.2262 Acres
- Full BathsN/A
- Partial BathsN/A
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