Property profile & analytics
311 Ocean St Santa Cruz, CA 95060
- Commercial real estate
- 778 SF
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US10-3305127
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Commercial real estate
Property Details for 311 Ocean St
- Property size
- 778 SF
- Property type
- Commercial real estate
- APN
- 007-403-23;007-40-324;007-403-19-000;007-40-318
Description
This exceptional investment opportunity presents a fully leased apartment building located at 427 Barson St, Santa Cruz, CA 95060. The property boasts a strong 8.87% cap rate and a Net Operating Income (NOI) of $135,000, making it an attractive addition to any portfolio. The asking price is $4,850,000. The building comprises a mix of unit sizes, ranging from 778 to 1,542 square feet. Built between 1900 and 1974, the property sits on a 3,484 square foot lot and includes 10 parking spaces. The land value, based on price per square foot, ranges from $871 to $1,478. Multiple tax parcel numbers are associated with the property: 007-403-23
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -122.0175808
- Latitude
- 36.9713297
