Santa Cruz, CA 95062,414 Soquel AVE
Santa Cruz, CA 95062,414 Soquel AVE
Santa Cruz, CA 95062,414 Soquel AVE
Santa Cruz, CA 95062,414 Soquel AVE
Santa Cruz, CA 95062,414 Soquel AVE
Santa Cruz, CA 95062,414 Soquel AVE
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$1,650,000

$1,700,000

2.9%
Est.Price: ?

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Est. payment /mo

0.4 Acres Lot


SOLD DATE : 01/09/2024

Key Details

Sold Price $1,650,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81943887

Sold Date 01/09/24

HOA Y/N No

Year Built 1922

Annual Tax Amount $1,500

Lot Size 0.397 Acres

Property Description

Development opportunity awaits! Two lots, 414 and 416 Soquel Avenue, totaling .40 acres on the corner of Ocean Street, between the Seabright neighborhood and downtown Santa Cruz. Mixed use zoning with increased density potential. Lot 1 currently has a SFR and detached commercial garage. Lot 2 has a historic mixed use retail space with a 5 bedroom apartment above and a series of detached garages. These properties are located in Census Tract 1008 which the city has designated as an opportunity zone, with tax incentives for development. Properties likely to qualify for reduced parking requirements under newly approved AB-2097 and are in close proximity to all the necessities and public means of transportation.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning MXVC - MUVH

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 5

Building

Story 2

Water Public

Others

Tax ID 01005102000

Financing Conventional

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California Regional MLS (CRMLS)
Listed by The Portola Group • Keller Williams Realty Santa Cruz
Bought with Yi Ling Cui • CENTURY 21 Real Estate Alliance

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