About 26512661 Fresno Street
EXCELLENT OPPORTUNITY WHETHER A DEVELOPER OR AN INVESTOR. 2651-2661 Fresno Street is a rare jewel in the heart of Santa Cruz's coveted 26th Ave neighborhood, just 0.3 miles from the beach & surrounded by the coastal lifestyle that makes this pocket so desirable. For a developer, the opportunity is exceptional: feasibility study recommends redevelopment into 3-story townhomes, w/ Option A identifying a 13-unit townhouse concept utilizing State Density Bonus Laws. While pursuing entitlements, the property offers the rare advantage of in-place income, generating $26,000+ per month from 8 updated, fully leased residential units. For an investor, the existing asset is equally compelling. The upside or future opportunity to secure cash flow & retain the upside to sell, entitle or develop for add'l value. The property has updated kitchens & baths, private fenced-in yards, large common area w/ chairs & fire pit, fresh exterior paint & new landscaping, separate gas & electrical meters, 2 laundry rooms w/ app-operated payment, 8 carports & 10 onsite parking. In a market defined by limited housing supply, strong rental demand & exceptional beach proximity, Fresno Street offers immediate income today w/ a seductive path toward future upside tomorrow. Enjoy!
Features of 26512661 Fresno Street
| MLS® # | ML82053491 |
|---|---|
| Price | $4,245,000 |
| Bathrooms | 0.00 |
| Acres | 0.69 |
| Year Built | 1970 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 26512661 Fresno Street |
|---|---|
| Area | 699 - Not Defined |
| City | Santa Cruz |
| County | Santa Cruz |
| Zip Code | 95062 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Bitumen, Composition, Shingle, Fiberglass |
School Information
| District | Other |
|---|---|
| Elementary | Other |
| Middle | Other |
| High | Soquel |
Additional Information
| Date Listed | July 8th, 2026 |
|---|---|
| Days on Market | 64 |
| Zoning | RM-5-PP |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Helen Pastorino |
|---|---|
| Office | Pertria |