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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Fred Rubio, DRE #01984041 • Marcus & Millichap

$ 2,100,000

Est. payment | -/mo

4 Beds

3 Baths

3,700 SqFt

Save

$ 2,100,000

Est. payment | -/mo

Save

4 Beds

3 Baths

3,700 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $567

MLS Listing ID ML82060762

Bedrooms 4

Full Baths 3

Year Built 1908

Lot Size 7,275 Sqft

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

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.

Location

State CA

County Santa Cruz

Area East Santa Cruz

Zoning R-M

Rooms

Kitchen Appliances - Vary by Unit

Interior

Heating Wall Furnace , Other

Cooling Window / Wall Unit

Exterior

Parking Features Assigned Spaces, Common Parking Area

Garage Spaces 9.0

Utilities Available Public Utilities, Solar

Roof Type Flat / Low Pitch

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public, Water On Site

Others

Tax ID 007-403-17-000

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

317 Ocean ST Santa Cruz, CA 95060