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317 Ocean St, Santa Cruz, CA, 95060
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Commercial sold for $2,075,000 in 121 days

317 Ocean St Santa Cruz, CA, 95060

Off the market Other

Do you own this home?

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Investor Opportunity! Check out this 7-unit Investment property and approx. 300SF finished "attic" space with all units rented, generating steady cash flows for strong cap rate. Great mix of units comprising of (One) 2 bedroom/1 bath; (Five) 1 bedroom/1 bath; and (One) large studio unit. Several upgrades made in the last 2 years including a new roof, remodeled downstairs unit, and newer asphalt parking area with 9 off-street parking spots. The property is in a prime location with convenient access to most everything the community has to offer. Close proximity to Downtown Santa Cruz, Boardwalk, beaches, and the desirable Seabright neighborhood nearby. UCSC is also just a bus ride or bike ride away. There are few properties that offer investors opportunity comparable to this! Check out the drone tour: https://youtu.be/cuy1mX4Dj_g
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Property details

3,136 sqft interior area
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City Lights
Land area
7,275 sqft (0.17 acres)
Address
317 Ocean St, Santa Cruz, CA, 95060
City of California
Santa Cruz
County
Santa Cruz
Year Built
1908
District
Listing

Nearby major retailers

Costco Wholesale Santa Cruz #149
Public Storage
Macy's
Kohl's
Sears
Whole Foods Market
Ross
Trader Joe's
Ace Hardware
See's Candies
Supercuts
GameStop
Sprint Wireless
T-Mobile
Dollar Tree
Safeway
Marshalls
7-Eleven
AutoZone
The Home Depot
Staples
Verizon Wireless
O'Reilly Auto Parts
MetroPCS
GNC
AT&T
Jiffy Lube
Shell
Wholesale: 1
Storage rental: 2
Department store: 6
Supermarket: 7
Do it yourself: 4
Confectionery: 1
Hairdresser: 2
Video games: 1
Mobile phone: 6
Variety store: 1
Convenience: 7
Car parts: 2
Stationery: 1
Nutrition supplements: 1
Car repair: 1
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Interior Features

Roof
Shingle
Garage & Parking
Assigned

Listed by

Cara De Simone, Coldwell Banker Realty
Name
Cara De Simone
License number
01215427
Brokerage company
Coldwell Banker Realty
MLS #
ML81884536

Buyer agent

Name
Yamina Wu
Brokerage company
Compass

Payment calculator

Calculate your monthly payments
Mortgage
$6,371
Taxes
$0
HOA dues
$0
$6,371 per month
Mortgage
$415,000 / 20%
2.28%
30 years
Your amount $6,371 / month

Exterior Features

Masonry construction and more
Construction
Masonry

Lot details

TMK #00740317000
Parcel nr.
00740317000

95060 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
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no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in 95060

39%
Families with children
National average: 39%
49%
Non family households
114,337
Population
$110,695
Average Income

Age & gender

Median age 37 years
More info

Commute types

73% commute by car
More info

Education level

25% have bachelor education
More info

Number of employees

10% work in education and healthcare
More info

Vehicles available

35% have 2 vehicle
More info

Vehicles by gender

35% have 2 vehicle
More info

Housing market insights for

$1.19m
Neighborhood average
sales price*
$1.08m
Neighborhood median
sales price*
214
Number
of sales*

Housing type

56% are single detacheds
More info

Rooms

38% of the houses have 4 or 5 rooms
More info

Bedrooms

63% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are owners
More info
16.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Aug 12, 2022
Date Event Price $/sqft Source
Aug 12, 2022 Sold $2,075,000 0 Public Record
Aug 12, 2022 Price Decrease $2,075,000 -5.47% 0 MLS #ML81884536
Jul 21, 2022 Pending $2,195,000 0 MLS #ML81884536
Jun 24, 2022 Under contract $2,195,000 0 MLS #ML81884536
Apr 27, 2022 Pending $2,195,000 0 MLS #ML81884536
Apr 14, 2022 Under contract $2,195,000 0 MLS #ML81884536
Apr 14, 2022 New Listing $2,195,000 +4.52% 0 MLS #ML81884536
Mar 27, 2024 Withdrawn $2,100,000 0 MLS #ML81822237
Mar 27, 2024 Price Decrease $2,100,000 -8.5% 0 MLS #ML81822237
Dec 4, 2020 New Listing $2,295,000 +45.71% 0 MLS #ML81822237
Jan 15, 2020 Sold $1,575,000 0 Public Record
Jan 15, 2020 Price Increase $1,575,000 +5% 0 MLS #ML81773549
Nov 5, 2019 Under contract $1,499,999 0 MLS #ML81773549
Oct 24, 2019 New Listing $1,499,999 0 MLS #ML81773549

Taxes of 317 Ocean St, Santa Cruz, CA, 95060

Mult zoning / MLS #ML81884536
Zoning
Mult

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Frequently Asked Questions about 317 Ocean St

What is 317 Ocean St?

317 Ocean St is a Commercial/Industrial propertywith 3,136 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

317 Ocean St, Santa Cruz, CA, 95060.

What comparable properties are nearby?

Comparable nearby commercial properties include 236 Ocean St, 137 Clay St, 803 Pacific Ave, 501 Cedar St, 1307-1313 Seabright Ave, 771 Chestnut St.

Based on information from the bridgeMLS as of 03-29-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Mar 28, 2024
Verhouse Last checked 3 minutes ago


The closest grocery stores are La Plaza Market, 0.05 miles away and Shopper's Corner, 0.37 miles away.
The 95060 zip area has a population of 114,337, and 39% of the families have children. The median age is 37.72 years and 73% commute by car. The most popular housing type is "single detached" and 52% is owner.
Commercial Sold $2.08m 317 Ocean St, Santa Cruz, CA, 95060 Save House Remove from Saved