806 Ocean Street, Santa Cruz, CA 95060

  • $3,275,000
806 Ocean Street, Santa Cruz, CA 95060
Active
806 Ocean Street, Santa Cruz, CA 95060
806 Ocean Street, Santa Cruz, CA 95060
  • $3,275,000

Description

Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.

  • Address 806 Ocean Street
  • City Santa Cruz
  • State/county CA
  • Zip/Postal Code 95060

Details

Updated on February 13, 2026 at 1:42 pm
  • Property ID: ML82032670
  • Price: $3,275,000
  • Property Size: 6508 Sqft
  • Land Area: 0.465 Acres
  • Garage Size: x x
  • Year Built: 1981
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • Roof: Metal
  • Utilities: Natural Gas Available
  • Cooling: Gas
  • Heating: Forced Air
  • County: Santa Cruz
  • Property Type: Commercial Sale

Contact Information

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