Property profile

212-214 Laurel St Santa Cruz, CA 95060

OFF-MARKET
Office Spaces
6,522 SF 0.39 ac lot Built 1934
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Property summary

AI-generated overview

This exceptional two-story office building, situated at 212-214 Laurel Street in the heart of Santa Cruz, California, presents a unique investment opportunity. Built in 1934 and extensively renovated in 2021, the 6,522 square foot building sits on a 0.39-acre lot and is zoned for commercial use. The property features a traditional office layout adaptable to executive, creative, or medical office uses. Currently offering multiple tenancies, one space of 3,506 square feet is immediately available. The building boasts 9-foot ceilings and offers six parking spaces in a secure gated rear lot accessible from Birch Lane. Its convenient location, just a block from Pacific Avenue, provides easy access to a variety of amenities including restaurants, shops, public transportation, and fitness centers, all within walking distance. The property features 24-hour tenant access. The building's Class C designation reflects its solid construction and recent upgrades. The Santa Cruz County property (APN: 005-145-04-000) is an excellent choice for businesses seeking a vibrant and accessible location in a thriving downtown area. No elevators are present.

Property profile

Verified
Property type Office Spaces
Year built 1934
Total area 6,522 SF
Lot 0.39 ac (16,988 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

212-214 Laurel St Santa Cruz, CA 95060
Santa Cruz metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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