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    OFF-MARKET
    Community centers

    2320 Msn Stb, Santa Cruz, CA 95060

    0.24 ac lot Built 1967
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-1201268
    Property summary
    AI-generated overview

    Linda Vista Shopping Center, located at 2330 Mission Street in Santa Cruz, California, presents a compelling investment opportunity in a thriving retail environment. This Class A property, built in 2024, boasts a total of 15,000 square feet across eight individual suites. Currently, approximately 8,540 square feet of retail space is available for lease, offering flexible options ranging from smaller units of 920 square feet to larger spaces up to 6,420 square feet. The center is situated on a 0.78-acre lot in the desirable West Santa Cruz submarket, benefiting from its proximity to the University of California, Santa Cruz (UCSC) and renowned surfing beaches, ensuring high visibility and accessibility. The property features 51 parking spaces and is zoned CC. The Santa Cruz County location, with its strong demographics (an estimated 60,000 residents within a 3-mile radius), provides a robust customer base. The property's APN is 002-216-06, 002-216-05, and 002-216-01. This is an exceptional opportunity for businesses seeking a prime location within a vibrant and growing community. There are no elevators on the property.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1967
    Construction WOOD
    Lot 0.24 ac (10,498 SF)
    APN 002-216-05
    UPID US09-1201268
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Rfl Linda Vista LLC · 4 yrs held
    Rfl Linda Vista LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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