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328 Ocean St
Santa Cruz, CA 95060 Riverwalk

$3,000,000 USD

Apartments For Sale  •  6,047 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,047 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 6.00 %
  • Zoning RM
51 Transit Score
89 Walk Score

Highlights

Main Street leading to the Santa Cruz Beach Boardwalk & beaches
Ocean St. turns into the direct route to Highway 17 North and California Highway 1 South
High daily traffic count
Walking distance to downtown, restaurants & services
Enjoys 100% occupancy easily

Property Flyers

Financial Summary (Actual)

Net Operating Income: $181,329 USD (2025)
Cap Rate: 6.00 %
Total Expenses: $86,739 USD

Public Transportation

AirportDriveWalkDistance
Norman Y Mineta San Jose International 45 min - 32.2 mi
Monterey Regional 53 min - 42.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Paul Zech 831-247-3007 Coldwell Banker Realty Commercial & Residential
Paul Zech 831-247-3007 Coldwell Banker Realty Commercial & Residential