Customer Care

Berkshire Hathaway HomeServices California Properties

806 Ocean Street, Santa Cruz, CA 95060

$2,775,000 Approx. USD

Save My Notes

MORE INFO

Brochure

Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Commercial.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Listing Agent

The Portola Group | info@theportolagroup.com
Lic#: 70010159
Broker: Courtesy of KW Thrive Santa Cruz
Phone: 831-440-8367

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82032670

List price is $2,775,000 Reduced by $175,000 on 7/13/2026

Price: $2,775,000

Rental Rate: $2,775,000

Lot Size:

HOA Fee is $0.00

Built in 1981

0.47 acres

County: Santa Cruz

Zoning: MU-VH

Heating/cooling: Gas

Heating description: Forced Air

Last Updated: 7/30/2026

Days On Market (DOM): 188

Find more Santa Cruz properties

Find more properties in 95060 zip code

Lat/Long: 36.980070, -122.021073.
Find nearby listings

Lot Details

Easement Present: (Easement present. For more information, contact agent.)

Utilities

Space Details

Attachments

Property Details

Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.

Financials

	Annual	Annual Per SF
Gross Rental Income
Other Income
Vacancy Loss
Effective Gross Income
Taxes
Operating Expenses
Total Expenses
Net Operating Income

Mortgage Calculator

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

95060 Area Map

Demographics

Schools