Property Detail

338 Ocean

Santa Cruz CA 95060

$2,500,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Paul Zech of Coldwell Banker Realty. Last updated 2026-04-03 08:11:28.000000. Listing information © 2025 CRMLS.

Steele Realty Group

Steele Realty Group

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