317 Ocean Street, Santa Cruz, CA 95060
List Price: $2.1M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1908
Lot Size: 7,275 sq ft
Annual Property Tax: $24,853
MLS Number: ML82060762
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.
Listing provided by: Fred Rubio DRE #01984041 (650) 391-1700 fred.rubioiii@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82060762
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