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$2,100,000

FOR SALEActive

317 Ocean Street

Santa Cruz CA 95060

3,700

SF

Commercial

Type

1908

Built

$568/SF

Cost/SF

57 days on marketNalren refreshed

Listing Agent

Fred Rubio

Listing Agent

DRE #: 01984041

(650) 391-1700

Brokerage: Marcus & Millichap

Location Analysis

MapProperty Location

About This Property

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 Information

Property Overview

Commercial

Property Type

Active

Status

R-M

Zoning

0.167 acres

Lot Size

3,700 SF

Square Footage

$567.57/SF

Price per SF

$24,853

Annual Tax

1,908

Year Built

9

Parking Total

2.43

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

Sale history for 317 Ocean Street → (2 recorded sales)

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