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Listed by Fred Rubio • Marcus & Millichap • 650-391-1700
$ 2,100,000
Est. payment /mo
New
317 Ocean Street Santa Cruz, CA 95060
3,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $567
MLS Listing ID ML82060762
HOA Y/N No
Year Built 1908
Lot Size 7,275 Sqft
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Other
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Handicap Access Other
Building
Water Public
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