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Ocean, Santa Cruz CA 95060
Ocean, Santa Cruz CA 95060
New York>Suffolk County>Brookhaven

OceanSanta Cruz, CA 95060

For Sale

$4,100,000

Smart Buyer Rebate $41,000

5.1 Cap Rate: Two rental properties total 14 units. This listing and its income/expenses include 319 Jessies St; a 3 bed, 2 bath 1,475 sq. ft. attached 2 car garage located directly behind 328 Ocean St. Offered with a proven track record of performance,100% occupied for the past 25 years. These combined 14-units deliver an excellent 25 year 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.
Both parcels do have strong future increased unit density development allowed by city (buyer to confirm w/ their plans)
both properties can be purchase separately. Currently all tenants are on month to month rental agreements.

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 July 20, 2026

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Source: MLSListings #ML82052870

Listing Facts

  • TypeMulti-family
  • NeighborhoodBrookhaven
  • Days on Prevu29
  • Size6,047 sqft
  • Price per sqft$678

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/02/2026
Listed by Coldwell Banker Realty
$4,100,000

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: Santa Cruz High
  • High School District: Santa Cruz City High

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.

What schools are nearby to Ocean?

Nearby schools include the Santa Cruz High.

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 149% above the average price for multi-family homes in Brookhaven and has been on the market for 39 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. Listed on Prevu for 29 days at $4,100,000. 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 $649,999. Nearby schools include Santa Cruz High. Property amenities include pets allowed and parking. View other multi-family home listings in Suffolk County.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 07/20/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

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.