338 Ocean Street, Santa Cruz, CA 95060

Local realty services provided by:ERA Excel Realty
338 Ocean Street,Santa Cruz, CA 95060
$2,500,000
  • - Beds
  • - Baths
  • 2,150 sq. ft.
  • Multi-family
  • Active
Listed by: paul zech
Office: coldwell banker realty
MLS#:ML82030410
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$1,162.79

About this home

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.

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Home facts

  • Year built:1885
  • Listing ID #:ML82030410
  • Added:65 day(s) ago
  • Updated:March 06, 2026 at 11:42 AM

Rooms and interior

  • Living area:2,150 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1885
  • Building area:2,150 sq. ft.
  • Lot area:0.39 Acres
  • Architectural Style:Victorian
  • Foundation Description:Concrete Perimenter

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$1,162.79
  • Tax amount:$5,885

Parking

  • Total parking spaces:10
  • Parking description:Off Street
  • Garage:Yes
  • Garage spaces:2
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