$2,100,000

317 Ocean Street, Santa Cruz CA, 95060

Price per sqft$567.57

Built in1908

Property size3,700 sqft

Property typeCommercial

Listed by Fred Rubio CA DRE# 01984041 with Marcus & Millichap 408-314-3009

Overview

Active

Listed Sep 10, 2026

Updated 4 days ago

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.

Additional information

MLS^® ID: ML82060762

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $24,853
Tax Frequency: Annually
Maintenance Expense: $3,500

Listed by Fred Rubio CA DRE# 01984041 with Marcus & Millichap 408-314-3009

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/3/2026 at 4:43 AM UTC Last Checked: 4:43 AM UTC