803 Pacific Ave

    Santa Cruz, CA 95060
    • $5,995,000
    • STATUS: Active
    • ON SITE: 281 days
    • ID#: ML81765507
    UPDATED: 47 min ago
    $5,995,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,808
      SQFT
    • $768
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    First time on Market- possibly two of the best parcels in downtown Santa Cruz located in area primed for redevelopment! Corner parcel with over 100 feet of frontage facing the Pacific Garden Mall, which is the main commercial and retail street in Santa Cruz. Additionally, you will find 100 feet of frontage on Laurel Street, which increases the development opportunity. Sale includes both parcels (801 AND 803 Pacific Ave) with nearly $225,000 of existing annual income. KEY FEATURES: Both Parcels in OPPORTUNITY ZONE Over 200 Feet of Street Frontage Hard Corner Parcel New Downtown Plan with upzoning Great Carrier Income Adjacent to Approved Mixed Use Project Within City's parking district, so parking requirements may be met offsite. Existing Tenant Mix includes 7 1 bedroom residential units and 4 commercial units. Commercial tenants include: Taqueria Jalapenos; Bonesios Liquor; and Pacific Gaming. PLEASE do not disturb tenants- thank you.

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    © 2020 MLSListings Inc. Based on information from MLSListings MLS as of 2020-05-29T14:48:34.13. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

    Licensed in the State of California.
    www.siliconvalleyrealestatesearch.com/homes/98191700

    803 Pacific Ave Santa Cruz, CA 95060

    • Price: $5,995,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: ML81765507
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,808
    SQFT
    $768
    $/SQFT
    1957
    Built
    Neighborhood:
    West Santa Cruz
    County:
    Santa Cruz
    Area:
    West Santa Cruz
    Property Description
    First time on Market- possibly two of the best parcels in downtown Santa Cruz located in area primed for redevelopment! Corner parcel with over 100 feet of frontage facing the Pacific Garden Mall, which is the main commercial and retail street in Santa Cruz. Additionally, you will find 100 feet of frontage on Laurel Street, which increases the development opportunity. Sale includes both parcels (801 AND 803 Pacific Ave) with nearly $225,000 of existing annual income. KEY FEATURES: Both Parcels in OPPORTUNITY ZONE Over 200 Feet of Street Frontage Hard Corner Parcel New Downtown Plan with upzoning Great Carrier Income Adjacent to Approved Mixed Use Project Within City's parking district, so parking requirements may be met offsite. Existing Tenant Mix includes 7 1 bedroom residential units and 4 commercial units. Commercial tenants include: Taqueria Jalapenos; Bonesios Liquor; and Pacific Gaming. PLEASE do not disturb tenants- thank you.
    Exterior Features

    Foundation Concrete Perimeter And Slab Garage Parking Varies By Unit Number Of Buildings 3 Pool YN No Roof Other Units In Complex Min 11 View Downtown

    Interior Features

    Beds Unit1 1 Cooling Other Heating Other Sq Ft Unit1 550 Sq Ft Unit2 1200 Sq Ft Unit3 1000 Sq Ft Unit4 750 Structure Sq Ft 7808

    Property Features

    Accessibility Features Other Additional Listing Info Not Applicable City Limits Yes City Name Santa Cruz Cross Street Laurel Hoa YN No Incorporated Yes Lot Size Area Maximum 10411.00 Meters Master ElectricMaster GasMaster Water Rent Unit1 1150 Rent Unit2 2250 Rent Unit3 4600 Rent Unit4 2400 Security Features None Sewer Septic Sewer Connected Sq Ft Source Other Utilities Public Utilities Water Public Zoning New Downtown Plan- Commercial

    © 2020 MLSListings Inc. All rights reserved. Listing provided courtesy of Derek Timm of Montalvo Homes & Estates.


    © 2020 MLSListings Inc. Based on information from MLSListings MLS as of 2020-05-29T14:48:34.13. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

    Licensed in the State of California.
     
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