Home | Santa Cruz County | Santa Cruz | 95060 | 317 Ocean St
MLS: ML82060762 | Status: | Price: $2,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,700 | 7,275 | 1908 |
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.
| Field | Value |
|---|---|
| MLS # | ML82060762 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Appliances | Appliances - Vary by Unit |
| Cooling | Window/Wall Unit |
| Heating | Other, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Flat |
| Foundation | Crawl Space |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Common Parking Area, Garage: 0 Car(s) |
| High School District | Santa Cruz City High |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R-M |
Fred Rubio
Marcus & Millichap
License #: 01984041
Phone: (408) 314-3009
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 7 | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 300 | 1 | 1/0 | $1,741 | $1,741 | 1 |
| 2 | 500 | 1 | 1/0 | $2,000 | $2,400 | 4 |
| 3 | 700 | 2 | 1/0 | $2,300 | $2,500 | 2 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 114 Franklin St | $1,999,999 | – | – | 2,685 | |
| 247 High St | $1,795,000 | – | – | 5,858 | |
| 136 Market St | $1,785,000 | – | – | 2,250 | Active |
| 1006 Seabright Ave | $1,876,000 | – | – | 2,250 | Active |
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This listing information is up-to-date as of September 10, 2026. For the most current information, please contact Fred Rubio, (408) 314-3009.