Commercial Property - 317 Ocean Street, Santa Cruz, CA
$2,100,000
317 Ocean Street, Santa Cruz, CA
MLS# ML82060762
3,700 Sq Ft • Commercial Sale
Nalren refreshed
Listing Agent
Fred Rubio
DRE #: 01984041
Brokerage: Marcus & Millichap
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.
Property details
Location
317 Ocean Street • Santa Cruz, CA 95060
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Closed commercial sales reported, newest first.
Sale history for 317 Ocean Street
- Sold $2,075,000 in August 2022 · MLS #ML81884536 · Source: CRMLS
- Sold $1,575,000 in January 2020 · MLS #ML81773549 · Source: CRMLS
CRMLS
MLS# ML82060762
Listed: 9/10/2026 5:19 AM
© 2026 California Regional Multiple Listing Service, Inc.
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/2/2026 12:37 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: Marcus & Millichap
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.