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$2,775,000

Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.

ML82032670 MLS

Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.

806 Ocean ST, Santa Cruz

Listed by The Portola Group, 831-440-8367 from KW Thrive Santa Cruz
(If provided) CoList: from

$995,000

319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents in a coastal California city where vacancy rates stay historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation.

3 Beds ⋅ 2 Baths ⋅ ML82030981 MLS

319 Jessie St, Santa Cruz-Turnkey Cash Flow in a Supply-Starved Market. At $4,800/month in current rental income, this East Santa Cruz income property is already working for you from day one. Annualized, that's $57,600 in gross rents in a coastal California city where vacancy rates stay historically low and rental demand consistently outpaces supply. The 3-bed, 2-bath single-story home spans 1,475 sq ft on a 5,009 sq ft lot with a 2-car attached garage and parking for up to four vehicles. Long-term tenants are in place, eliminating the typical turnover headache and stabilizing your returns immediately at close. RL zoning adds a layer of upside worth exploring potential for additional density or future development, subject to buyer verification with the City of Santa Cruz. The shared driveway arrangement with neighboring 315 Jessie St. keeps the footprint efficient.Whether you're 1031-exchanging into a low-maintenance hold or anchoring a growing Santa Cruz portfolio, this property delivers the fundamentals: reliable income, a desirable location, and room for long-term appreciation.

319 Jessie ST, Santa Cruz

Listed by Paul Zech, 831-247-3007 from Coldwell Banker Realty
(If provided) CoList: Kathleen Zech from Coldwell Banker Realty

$2,500,000

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.

3 Beds ⋅ ML82030410 MLS

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.

338 Ocean ST, Santa Cruz

Listed by Paul Zech, 831-247-3007 from Coldwell Banker Realty
(If provided) CoList: from

$1,099,000

Seller is offering a limited opportunity to purchase this house with a Seller-funded interest rate buydown or under a Lease-to-Own arrangement. Call for details. Charming Craftsman welcomes you home with a refreshing burst of color to 1028 square feet of comfortable living space. Enjoy the good life amidst over $60K of recent improvements and upgrades, with hardwood floors in all the main living areas providing a warm and inviting atmosphere, enhanced by a cozy fireplace. The kitchen is equipped with a farmhouse copper sink, Miele dishwasher and gas oven-range, perfect for those who love to cook, and a mud room with washer and dryer provides ideal transition to the back yard. There is a detached oversized garage suitable for a large vehicle with ample shop space and a special enclosed "catio" for the kitties, where someone seeking flexible living arrangements can explore converting the entire 320 SF building to an independent Accessory Dwelling Unit. The outdoor areas have been converted to a lush environment with multiple fruit trees and relaxing habitats where you can take a snooze in the hammock, a soak in the hot tub, or gather with friends and family in total privacy amidst mature landscaping behind high walls and fences that create a veritable sanctuary in the city.

2 Beds ⋅ 2 Baths ⋅ ML82027018 MLS

Seller is offering a limited opportunity to purchase this house with a Seller-funded interest rate buydown or under a Lease-to-Own arrangement. Call for details. Charming Craftsman welcomes you home with a refreshing burst of color to 1028 square feet of comfortable living space. Enjoy the good life amidst over $60K of recent improvements and upgrades, with hardwood floors in all the main living areas providing a warm and inviting atmosphere, enhanced by a cozy fireplace. The kitchen is equipped with a farmhouse copper sink, Miele dishwasher and gas oven-range, perfect for those who love to cook, and a mud room with washer and dryer provides ideal transition to the back yard. There is a detached oversized garage suitable for a large vehicle with ample shop space and a special enclosed "catio" for the kitties, where someone seeking flexible living arrangements can explore converting the entire 320 SF building to an independent Accessory Dwelling Unit. The outdoor areas have been converted to a lush environment with multiple fruit trees and relaxing habitats where you can take a snooze in the hammock, a soak in the hot tub, or gather with friends and family in total privacy amidst mature landscaping behind high walls and fences that create a veritable sanctuary in the city.

113 Washburn AVE, Santa Cruz

Listed by Datta Khalsa, 831-818-0181 from Main Street Realtors
(If provided) CoList: from