338 Ocean Street, Santa Cruz, CA 95060
List Price: $2.5M
Listing Status: Active
0Days on Market: 97
0 Bedrooms · 0 Bathrooms · 2,150 sq ft
Property Type: ResidentialIncome
Year Built: 1885
Lot Size: 17,076 sq ft
Garage Spaces: 2
Annual Property Tax: $5,885
MLS Number: ML82030410
About This Property
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.