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.
MLS #
ML81931634
MLS Source
MLSListings, Inc.
Development Status
Have Building Plans, Site Plan Approved
Existing Structures
None
Fencing
ChainLink
Utilities
Public Utilities, Public Utilities, Water - Public
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
CC
1024 Soquel Ave is in Santa Cruz, CA 95062. This Land is currently priced at $1,643,250.
This address can also be written as 1024 Soquel Ave, Santa Cruz, CA 95062.©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of December 05, 2023. For the most current information, please contact Erik Barbic, (831) 464-5039