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Bailey Properties
703 Pacific AVE, Santa Cruz, CA 95060
- $1,850,000
Listed by Nick Torres, 831-435-9949 from Sherman & Boone Realtors
(If provided) CoList: Erik Barbic from Sherman & Boone Realtors
- List Price
- $1,850,000
- MLS#
- ML82063300
- Status
- ACTIVE
- Lot Size
- 6,534
- Listing Area
- West Santa Cruz
- Year Built
- 1936
Property Description
703 Pacific Ave presents a compelling investment opportunity in one of Santa Cruzs most strategically positioned areas, located within the South of Laurel (SOLA) Plan area, which provides meaningful long-term development potential while offering investors the benefit of stable in-place income today. Offered at $1,850,000, the property is currently occupied by a long-term tenant, providing reliable cash flow while an investor holds and evaluates the future development possibilities associated with the SOLA designation. This combination of existing income, a proven tenant, prime Santa Cruz location, and substantial long-term development potential creates an attractive opportunity for an investor seeking both current cash flow and future upside.
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Additional Information
- Cooling System
- None
- Foundation
- Concrete Slab
- Garage Parking
- On Street
- Heating System
- Other
- Lot Size
- 6,534
- Neighborhood
- West Santa Cruz
- Other Utilities
- Public Utilities
- Present Use
- Educational
- Roof
- Other
- Sewer
- Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- CBD-E
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based 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.
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