About 317 Ocean Street
317 Ocean Street offers an attractive opportunity to acquire a seven-unit multifamily property in a highly desirable and supply-constrained Santa Cruz rental market. The property consists of five one-bedroom units and two two-bedroom units, providing a diversified unit mix that appeals to a broad tenant base. The property contains approximately 3,700 square feet of rentable building area on an approximately 7,405-square-foot lot and benefits from an established operating history with strong occupancy. Its efficient unit sizes and central Santa Cruz location support consistent rental demand from local professionals, students, and other residents seeking well-located housing. The property also offers opportunities to enhance cash flow over time through rent growth, operational efficiencies, and strategic property improvements.
Features of 317 Ocean Street
| MLS® # | ML82060762 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 0.00 |
| Acres | 0.17 |
| Year Built | 1908 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 317 Ocean Street |
|---|---|
| Area | 699 - Not Defined |
| City | Santa Cruz |
| County | Santa Cruz |
| Zip Code | 95060 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Roof | Flat |
|---|
School Information
| District | Other |
|---|
Additional Information
| Date Listed | September 10th, 2026 |
|---|---|
| Days on Market | 4 |
| Zoning | R-M |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Fred Rubio |
|---|---|
| Office | Marcus & Millichap |