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Victorian-Style Duplex
For Sale
$2,500,000

338 Ocean Street, Santa Cruz, CA 95060

Upper and lower residences support rental, owner-occupancy, or multigenerational living arrangements.

Property Size2,150 SF
Lot Size0.41 Acres
Price / SF$1,162
Days on Market231

Property Features for 338 Ocean Street

General Information

Standard status Active
Size 2,150 SF
Lot size 0.41 Acres
Property subtype Multi Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,885

Building Details

Year Built 1885
Construction Victorian-style
Listing Agency: Coldwell Banker Realty
Listed By: Paul Zech · License #01965059
Source: Exitrealty
Added: Jan 14 Changed: Sep 2 Last Checked: Sep 1 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1885, this Victorian-style duplex includes two separately configured residences at 338 Ocean Street in Santa Cruz. The upper unit measures approximately 1,100 square feet and contains two bedrooms and one bathroom. The lower unit measures approximately 800 square feet with one bedroom and one bathroom.

The property occupies a 17,976-square-foot lot. Its two-level residential configuration provides distinct upper and lower living spaces, with the existing layout supporting rental use, owner-occupancy, or multigenerational living. The address places the duplex in Santa Cruz, California, near established higher-density residential development.

Key Highlights

  • Victorian‑style duplex built in 1885
  • Upper unit: approximately 1,100 sq. ft., 2 bedrooms, and 1 bathroom
  • Lower unit: approximately 800 sq. ft., 1 bedroom, and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Hair Salon Auto Parts Store Pharmacy Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 95060, CA

47,931
Population
20,181
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
94%
High-School Grad
54.5 sq mi
ZIP Area
879
Density / Sq Mi
$106,040
Median Household Income
$46,231
Median Earnings
$2,356
Median Rent
$1,189,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Upper and lower residences support rental, owner-occupancy, or multigenerational living arrangements.
Where is this duplex located?
The property is located at 338 Ocean Street Santa Cruz, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Victorian‑style duplex built in 1885; Upper unit: approximately 1,100 sq. ft., 2 bedrooms, and 1 bathroom; Lower unit: approximately 800 sq. ft., 1 bedroom, and 1 bathroom
More about this property
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