$2,975,000 Price Analysis   ♡   Santa Cruz, CA 95062 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1.49 acre lot. Listed 2024-07-22 | Ⓧ USDA Ineligible due to property near Santa Cruz |
Residential Development Opportunity.
The site is 1.49 Acres/64, 960 SF and will be delivered as its own parcel. It is within the city limits of Santa Cruz County, adjacent to Arana Gulch, a 68-acre public green space with multi-use trails fr hiking, bicycling and trail access to the Santa Cruz Yacht Harbor. Site access is from Frederick Street and by a deeded easement on Montesano S treet. The primary frontage is 338 feet along Frederick Street.
The area is easily accessed from Highways 1 and 17 and is served by public transportation less than 1/2 mile away. Zoning is RL and is described as Multiple Residence - Low Density. The allowable density is 2, 200 square feet per unit (1, 600 square feet per unit for one-bedroom/studio units). On a 64, 960-square-foot lot, 30 units are allowed or 41 units for all one-bedroom/studio units. The property is within 0.5 miles of a transit stop along Soquel Avenue and would qualify under the current density bonus and reduced parking requirements.
Presented by Carol Lezin at
JR Parrish Inc.
Property MLS #ML81974031 from MLSListings
Lot Size Acres: 1.4913
Lot Size Square Feet: 64960
Calculated Total Monthly Association Fees: 0
High School District: Santa Cruz City High
Middle School: Branciforte Middle School
Map directions Map directions Map directions Map directionsCounty: Santa Cruz
Cross Street: Broadway Avenue
Current Use: Church
Directions: State Hwy 1 south toward Watsonville. Exit 440 toward Morrissey Blvd for 0.2-mile, turn left onto Fairmount Ave; in 250 feet right onto Morrissey Blvd. In 0.5-mile left onto Soquel Ave; in 600 feet, right onto Frederick Street. 03 miles to the site.
Source Property Type: Residential Lots & Land
Area: East Santa Cruz
Source Neighborhood: East Santa Cruz
Postal City: SANTA CRUZ
Zoning: RL
Property Subtype: Residential Development Land
Source System Name: C2C
$2,975,000
MLSListings
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.