For sale

$2,100,000

Ocean Santacruz, Santa Cruz, CA 95060

4beds

3baths

3,700sqft

$14,048/mo

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Five Or More Units, Residential Income

Built in 1908

-- sqft lot

$2,030,800 Zestimate^®

$568/sqft

$-- HOA

What's special

Efficient unit sizes

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.

38 days
144
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Other, Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Varies By Unit

Features

Doors: Other

Interior area

Total structure area: 3,700
Total interior livable area: 3,700 sqft

Property

Parking

Total spaces: 9
Parking features: Assigned, Common
Has carport: Yes

Accessibility

Accessibility features: Bathroom Features, Accessible Kitchen, Other, Parking

Lot

Size: 7,274 Square Feet

Details

Parcel number: 00740317000
Zoning: R-M
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income

Materials

Foundation: Crawl Space
Roof: Flat

Condition

Year built: 1908

Utilities & green energy

Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public, Solar

Community & HOA

Location

Region: Santa Cruz

Financial & listing details

Price per square foot: $568/sqft
Date on market: 9/10/2026
Listing agreement: ExclusiveRightToSell
Inclusions: OvenRangeAllUnits
Lease term: Month To Month

Estimated market value

$2,030,800

$1.93M - $2.13M

$3,761/mo

Price history

Date	Event	Price
9/10/2026	Listed for sale	$2,100,000$568/sqft
Source: MLSListings Inc #ML82060762 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 95060

Getting around

1 / 100

Car-Dependent

15 / 100

Minimal Transit

14 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Bonny Doon Elementary School
Grades: K-6Distance: 0.5 mi
9/10
Mission Hill Middle School
Grades: 6-8Distance: 9 mi
10/10
Santa Cruz High School
Grades: 9-12Distance: 9.2 mi

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