About N/A
Two Contiguous Parcels 13 TOTAL RENTAL UNITS. This property in this location could really be something more/as in more height 3-4 stories, more units, more income, more value. 328 Ocean St. 13 apartment units, 100% occupied for the last 25 years. Excellent rental income and NOI history. The 13 apartments sit on two parcels favorably Zoned R-M with over 13,808.52 sq. ft; with seventeen parking spaces. Located on major transportation corridor/bus line so, parking is not required if future units are added by going up 3-4 stories. Walk to Santa Cruz Beach Boardwalk, Municipal Wharf and the downtown village of Santa Cruz. One (1) mile to Highway 17 and CA Highway 1 (PCH). These two (2) parcels could be developed to increase height and number of units according to city planning department. 328 Ocean St. parcel one APN 010-551-29 is 7,797.24 sq. ft. Parcel two APN 010-551-30 is 6,011 sq. ft. "Lower Ocean"neighborhood has and is going through a development renaissance, increasing property values.
Features of N/A
| MLS® # | ML82057686 |
|---|---|
| Price | $2,995,000 |
| Bathrooms | 0.00 |
| Acres | 0.32 |
| Year Built | 1977 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | N/A |
|---|---|
| Area | 699 - Not Defined |
| City | Santa Cruz |
| County | Santa Cruz |
| Zip Code | 95060 |
Amenities
| Parking Spaces | 17 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|
School Information
| District | Other |
|---|
Additional Information
| Date Listed | August 14th, 2026 |
|---|---|
| Days on Market | 71 |
| Zoning | RM |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Paul Zech |
|---|---|
| Office | Coldwell Banker Realty |