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In-PersonVirtual Tour
$ 2,100,000
Est. payment | /mo
7,274 Sqft Lot
$ 2,100,000
Est. payment | /mo
7,274 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82060762
HOA Y/N No
Year Built 1908
Annual Tax Amount $24,853
Lot Size 7,274 Sqft
Property Description
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.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning R-M
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 9
Building
Water Public
Schools
School District Other
Others
Tax ID 00740317000
Special Listing Condition Standard
Listed by Fred Rubio Marcus & Millichap #01984041