338 Ocean Street Santa Cruz, CA $ 2,500,000
338 Ocean Street
$ 2,500,000
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338 Ocean Street

Santa Cruz, CA, 95060
$ 2,500,000
Bedrooms3 Baths0.0 Sq 2,150

Monthly Estimate*

$ 15,393

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Multi-Family Home for sale in Santa Cruz, CA

for $2,500,000 with 3 bedrooms. This 2,150 square foot home was built in 1885 on a lot size of 0.392011.

Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.392011

Year Built

1885

Town/City

Santa Cruz

County/Region

Santa Cruz

MLS | Web ID

ML82030410

Features
General
Living Area 2150
Heating Other
Cooling No Air Conditioning
Roof Composition Shingles
Zoning R-L
Year Built 1885
Property Subtype Duplex
County Santa Cruz
Property Type Residential Income
HOA N
Status Active
Directions Use the alley street between 350 Ocean St and 330
City Santa Cruz
MLS Area Listing
Lot Size Square Feet 17076
Standard Status Active
Elementary School District Santa Cruz City Elementary
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Exterior
Lot Size Area 17076
Building Area Total 2150
Lot Size Acres 0.392
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Interior
Air Conditioning Y/N 0
Heating Y/N Yes
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Internal Only
Street Number 1 338
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* Excluded Features
List By
Paul Zech

Listing Agent

Coldwell Banker Realty

Broker

paul.zech@cbrealty.com

Email

Affordability Calculator

$15,393
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
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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
Pricing History
DatePricePrice ChangeDescription
1/7/2026$2,500,000 Listed Price

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338 Ocean Street, Santa Cruz, CA, 95060 is a Multi-Family Home for sale at $2,500,000 with 2,150 sqft and a lot size of 0.392011. 338 Ocean Street has 3 bedrooms, 0.0 baths, and was built in 1885. The property's zip code is 95060 which is in Santa Cruz, CA