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- LoopNet Team
113 Ocean View Ave
Santa Cruz, CA 95062
1.6 Acre Residential Parcel w/ Ocean Views · Land For Sale · 1.60 AC
Investment Highlights
- General Plan Designation allows for up to 10 dwellings per acre
- Views of Ocean, SC Beach Boardwalk and City Lights!
- Large residential lot on Premium Street (2 APN's)
- ROFR for two additional adjacent lots totaling .65 acres with 7 units generating gross annual rents of $286k +/-
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 1.60 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.60 AC |
Description
Heritage property on 1.6 lush acres (2 legal lots). This iconic estate is framed by views of the Pacific, Boardwalk & city lights. The City's General plan allows for 10 dwellings per acre. The existing home is tucked behind private gates & encircled in landscaping, the storybook English cottage home's charming facade is made of stone w/slate roof. Fireplaces warm a cozy interior lined in hardwoods & peppered with period details. Rebuilt in 1936, its original charm was preserved and beautifully updated in 2022. This home is NOT designated historical. Designed for single-level living w/ground floor family, dining, living, chef's kitchen, powder, w/d, primary suite & terrace. Upstairs features two beds & bath. Lower level w/ 4th bed/office, full bath, laundry, workshop, gym/garage + storage. Enormous resort-style pool deck w/gazebo & bath. Shaded by a pergola, an outdoor kitchen w/ granite counters features Viking appliances. Sold w/ adjacent .26 acre lot w/art studio & 2 storage bldgs for total of 1.6 acres. Walk to beaches, Boardwalk, La Posta, Buttery, Shoppers & more! ROFR (NOT INCLUDED IN SALE OF 113/201 OCEAN VIEW) for 2 add'l lots (parcels 17 and 12) = .65 acres + 7 units with gross rents of $280k +/- per year.
zoning
| Zoning Code | R15 (Residential, allows for 10 dwelling units per acre) |
| R15 (Residential, allows for 10 dwelling units per acre) |
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