$1,850,000

703 Pacific Avenue, Santa Cruz CA, 95060

Price per sqft$812.12

Built in1936

Property size2,278 sqft

Property typeCommercial

Listed by Nick Torres CA DRE# 01719985 with Sherman & Boone Realtors 831-435-9949

Overview

Active

Listed Oct 1, 2026

Updated 5 days ago

703 Pacific Ave presents a compelling investment opportunity in one of Santa Cruzs most strategically positioned areas, located within the South of Laurel (SOLA) Plan area, which provides meaningful long-term development potential while offering investors the benefit of stable in-place income today. Offered at $1,850,000, the property is currently occupied by a long-term tenant, providing reliable cash flow while an investor holds and evaluates the future development possibilities associated with the SOLA designation. This combination of existing income, a proven tenant, prime Santa Cruz location, and substantial long-term development potential creates an attractive opportunity for an investor seeking both current cash flow and future upside.

Additional information

MLS^® ID: ML82063300

Interior Features

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

Exterior Features

Lot Size: 0.15 Acres

Listed by Nick Torres CA DRE# 01719985 with Sherman & Boone Realtors 831-435-9949

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/2/2026. 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 10/2/2026 at 5:21 AM UTC Last Checked: 5:21 AM UTC