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OceanSanta Cruz, CA 95060

For Sale

$3,000,000

Smart Buyer Rebate $30,000

Offered at an attractive 6% cap rate with a proven track record of performance,100% occupied for the past 25 years. This 13-unit apartment property delivers excellent rental history with potential upside through reasonable rent increases.
The apartments span two parcels totaling 13,808.52 sq. ft. and include 17 marked parking spaces. Ideally located on a major bus line and just minutes to the Santa Cruz Beach Boardwalk, Municipal Wharf, and downtown Santa Cruz. Convenient access with approximately one mile to Hwy 17 and Hwy 1 (PCH).
Additional value may exist through future redevelopment potential, with the possibility to increase height and unit count (buyer to verify).
Parcel 1: APN 010-551-29 - 7,797.24 sq. ft.
Parcel 2: APN 010-551-30 - 6,011 sq. ft.

Listed by Paul Zech

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License #01965059

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Coldwell Banker Realty

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831-247-3007

Last updated January 14, 2026

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Source: MLSListings #ML82030413

Listing Facts

  • TypeMulti-family
  • NeighborhoodBrookhaven
  • Days on Prevu23
  • Size6,047 sqft
  • Price per sqft$496

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/27/2026
Status changed to Active
$3,000,000
01/22/2026
Status changed to Removed from Feed
$3,000,000
01/06/2026
Listed by Coldwell Banker Realty
$3,000,000

Property Details for Ocean

Association

General

  • Number Of Units In Community: 13

Exterior

Construction

  • Roof: Composition
  • Year Built: 1977
  • Architectural Style: Ranch

Measurements

  • Building Area Total: 6,047
  • Lot Size Area: 13,808
  • Lot Size Square Feet: 13,808

Financial

Taxes

  • Parcel Number: 010-551-29-000

Interior

Measurements

  • Living Area: 6,047

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces, Off-Street Parking
  • Parking Total: 17

Schools

High School

  • High School District: Santa Cruz City Elementary

Utilities

Equipment

  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at Ocean.

Does this multi-family home have parking?

Yes, there are 17 parking spaces available for Ocean.

How does Ocean compare to other multi-family homes in Brookhaven?

This multi-family home is listed 136% above the average price for multi-family homes in Brookhaven and has been on the market for 54 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,047 sqft.

Ocean is a -bedroom multi-family home for sale in Santa Cruz CA 95060. Available on Prevu for 23 days at $3,000,000. This home features 6,047 square feet of living space, located in Brookhaven. The median listing price for multi-family homes in this area is $600,000. Property amenities include pets allowed and parking. Explore more multi-family home listings in Suffolk County.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.