Santa Cruz, CA 95062
$1,988,000




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Located in the heart of walkable Midtown Santa Cruz, this 0.86-acre C-1 zoned site sits where residential charm meets commercial energy, surrounded by eclectic cafes, local businesses, and cultural venues, making it a natural fit for mixed-use development. The proposed project features 57 residential units (5 studios, 32 one-bedrooms, 20 two-bedrooms, including 6 VLI units) plus 4,793 SF of ground-floor commercial space with underground parking. Designed by acclaimed Hochhauser Blatter Architects, the modern 4-story concept includes 87 structured parking spaces, private balconies, rooftop terraces, a courtyard, and a public plaza designed to expand the footprint and maximize ROI. Bonus density is already approved with concessions on height, parking, and use, unlocking 100,843 SF of total buildable area, with an alternative affordable housing path that could yield 80+ units for density-focused investors. The location speaks for itself 0.8 miles to Twin Lakes State Beach with easy access to Sunny Cove Beach, the harbor, parks, dining. Pricing is structured at present value and adjusts as the seller hits benchmark milestones. See disclosures for full renderings, site plans, and proposal details. Aerial Interactive Image: https://kuula.co/share/LfvnK?logo=1&info=1&fs=1&vr=0&thumbs=1
Listing provided courtesy ofFrank C. Oliver License 00491292 Oliver Group, Chris Shoemaker License 01760812 Shoemaker Commercial Real Estate
- Live Oak Elementary School (Elementary) - GreatSchools rating 5/10 - Shoreline Middle School (Middle) - GreatSchools rating 7/10 - Santa Cruz High School (High) - GreatSchools rating 10/10 School District: Santa Cruz City High
Brommer Street County Park is located within a mile of the property and offers amenities such as a playground, pickleball courts, tennis courts, a baseball/softball field, and picnic areas.
The property is located in the Live Oak neighborhood of Santa Cruz. This area is described as having a mix of residential charm and commercial energy, with eclectic cafes, local businesses, and cultural venues nearby. The neighborhood is noted for its proximity to local schools and parks, as well as beaches like Twin Lakes State Beach and Sunny Cove Beach.
The property has a Walk Score of 50/100 and a Transit Score of 40/100. There are some public transit options available in the area.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Live Oak Elementary School (Elementary) - GreatSchools rating 5/10 - Shoreline Middle School (Middle) - GreatSchools rating 7/10 - Santa Cruz High School (High) - GreatSchools rating 10/10 School District: Santa Cruz City High
Brommer Street County Park is located within a mile of the property and offers amenities such as a playground, pickleball courts, tennis courts, a baseball/softball field, and picnic areas.
The property is located in the Live Oak neighborhood of Santa Cruz. This area is described as having a mix of residential charm and commercial energy, with eclectic cafes, local businesses, and cultural venues nearby. The neighborhood is noted for its proximity to local schools and parks, as well as beaches like Twin Lakes State Beach and Sunny Cove Beach.
The property has a Walk Score of 50/100 and a Transit Score of 40/100. There are some public transit options available in the area.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.