2303 Portola Drive, Santa Cruz, CA 95062

About this commercial property

Located 2 blocks from Corcoran Beach (Santa Marias) this 6 unit property is a great investment. It features 3 one bedroom units, a studio, a two bedroom unit and a standalone two bedroom home all with individual private patios, ample parking and on site laundry. The front two bedroom home has ocean views, a large front yard, coved living room ceilings, and an open kitchen/dining area. The large south facing lot is zoned multi-residential (RM4) which allows for many possibilities (see feasibility study), including building up for expansive ocean views. Santa Cruz County's premier beaches and surf, including Sunny Cove, Pleasure Point, Twin Lakes Beach, Blacks Beach and more are nearby. These high demand units are a great way to invest in a slice of the Santa Cruz beach life.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$2,695,000

Sold August 2023 · listed $2,950,000, on market May 2023 · MLS #ML81923237 · Source: CRMLS

Listing Agent: Peter Cook · Listing Office: Lighthouse Realty · Contact: 831-423-7355 · Bought with: Teresa Marlow · Monterey Bay Properties

$1,900,000

Sold June 2017 · listed $1,799,000, on market May 2017 · MLS #ML81650480 · Source: CRMLS

Listing Agent: Linda Charman Charman · Listing Office: Santa Cruz Vanguard Realtors · Contact: (831) 588-3688 · Bought with: Laurie Chase · Rialto West Properties

Explore Santa Cruz