1024 Soquel Avenue, Santa Cruz, CA 95062

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Property Description

Vacant lot on corner of Cayuga St & Soquel Ave in the heart of the desirable Seabright neighborhood of Santa Cruz. Huge development opportunity, with potential for increased density. Current approvals for multi-family development with first story commercial. Approval of a minor variation to increase the height to 40, which allows for the potential of ADUs. Probable project to add significant increased density potential with AB-2097, while reducing parking requirements. Additionally, this property is located in census tract 1010, which the City of Santa Cruz has designated as an Opportunity Zone- tax incentives for investment designed to spur growth. This is a rare opportunity for an approved development project in the Seabright area- centrally located to Seabright beach, Downtown Santa Cruz, and Pleasure point area. Walking distance to restaurants, shopping, coffee, grocery stores, post office, with abundant public transportation in close proximity.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1024 Soquel Avenue
City Santa Cruz
State CA
Zip 95062
County Santa Cruz
Listing Agent Erik Barbic DRE #01736370
Courtesy Of Sherman & Boone Realtors
Close Price $1,643,250
Status Closed
Type Land
Structure Size N/A
Lot Size 11,935

Listing information courtesy of: Erik Barbic, Sherman & Boone Realtors. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2023 at 11:20 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.