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328 Ocean Street Santa Cruz, CA $ 3,000,000
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$ 3,000,000 Get more info
328 Ocean Street
$ 3,000,000
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328 Ocean Street

Santa Cruz, CA, 95060
$ 3,000,000
Bedrooms-- Baths-- Sq 6,047

Monthly Estimate*

$ 18,472

328 Ocean Street, Santa Cruz, CA 95060 - Image 1
328 Ocean Street, Santa Cruz, CA 95060 - Image 2
328 Ocean Street, Santa Cruz, CA 95060 - Image 3
328 Ocean Street, Santa Cruz, CA 95060 - Image 4
328 Ocean Street, Santa Cruz, CA 95060 - Image 5
328 Ocean Street, Santa Cruz, CA 95060 - Image 6
328 Ocean Street, Santa Cruz, CA 95060 - Image 7
328 Ocean Street, Santa Cruz, CA 95060 - Image 8

Commercial Property for sale in Santa Cruz, CA

for $3,000,000. This 6,047 square foot building was built in 1977 on a lot size of 0.316988.

Currently at 6% cap rate, 100% occupied for the last 25 years. Excellent rental and income history with potential room for reasonable rent increases. The 13 apartments sit on two parcels with over 13,808.52 sq. ft. with seventeen marked parking spaces. Located on a major bus line, close to Santa Cruz Beach Boardwalk, Municipal Wharf and the downtown village of Santa Cruz. One (1) mile to Highway 17 and CA Highway 1 (PCH). These two (2) parcels could possibly be redeveloped to increase height and number of units. Parcel one APN 010-551-29 is 7,797.24 sq. ft. Parcel two APN 010-551-30 is 6,011 sq. ft.

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Commercial Active

Price

$ 3,000,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.316988

Year Built

1977

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82030413
Features
General
Living Area 6047
Sewer Public Sewer
Heating Other
Cooling None
Roof Composition Shingles
Zoning RM
Year Built 1977
Property Subtype Other
Accessibility Other
County Santa Cruz
Property Type Commercial Sale
HOA N
Garage Y/N No
Status Active
City Santa Cruz
MLS Area Listing
Lot Size Square Feet 13808
Standard Status Active
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Exterior
Parking Features Assigned
Lot Size Area 13808
Building Area Total 6047
Lot Size Acres 0.317
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Interior
Air Conditioning Y/N No
Heating Y/N Yes
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Internal Only
Street Number 1 328
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* Excluded Features
List By
Paul Zech

Listing Agent

Coldwell Banker Realty

Broker

paul.zech@cbrealty.com

Email

Affordability Calculator

$18,472
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,472
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/7/2026$3,000,000 Listed Price

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328 Ocean Street, Santa Cruz, CA, 95060 is a Commercial Property for sale at $3,000,000 with 6,047 sqft and a lot size of 0.316988. 328 Ocean Street was built in 1977. The property's zip code is 95060 which is in Santa Cruz, CA

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