317 Ocean ST, Santa Cruz, CA 95060
- $2,100,000
- 3,700
- SqFt
Listed by Fred Rubio, 408-314-3009 from Marcus & Millichap
(If provided) CoList: from
- List Price
- $2,100,000
- MLS#
- ML82060762
- Status
- ACTIVE
- Sqft. of Residence
- 3,700
- Lot Size
- 7,275
- Listing Area
- East Santa Cruz
- Year Built
- 1908
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.
Additional Information
- Acres
- 0.17
- Amenities
- Open Beam Ceiling
- Cooling System
- Window / Wall Unit
- Energy Features
- Solar Power
- Foundation
- Crawl Space
- Garage Parking
- Assigned Spaces, Common Parking Area
- Heating System
- Wall Furnace, Other
- Living Area
- 3,700
- Lot Size
- 7,275
- Neighborhood
- East Santa Cruz
- Other Rooms
- Laundry Room, Storage
- Other Utilities
- Public Utilities, Solar
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R-M
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