338 Ocean ST, Santa Cruz, CA 95060

$2,500,000
3
BD
2,150
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,500,000
MLS#
ML82030410
Status
ACTIVE
Zoning
R-L
Sqft. of Residence
2,150
Lot Size
17,076
Listing Area
East Santa Cruz

Property Description

Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.

Additional Information

Cooling System
None
Foundation
Concrete Perimeter
Garage Parking
Leased Parking, Off-Street Parking, Room for Oversized Vehicle
Heating System
Other
Living Area
2,150
Lot Size
17,076
Neighborhood
East Santa Cruz
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer Connected
Style
Victorian
Zoning
R-L

Listing courtesy of Paul Zech, 831-247-3007 from Coldwell Banker Realty
(If provided) CoList: from

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

board logoBased on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Copyright 2026 MLSListings Inc. All rights reserved