440 Frederick St - Residential LAND FOR SALE


Santa Cruz, CA 95062 64,904 SF
$2,975,000 USD
831-247-2610
440 Frederick St, Santa Cruz, CA for Sale
$2,975,000 USD
Residential LAND - FOR SALE
1/6
64,904 SF

440 Frederick St
Santa Cruz, CA 95062


HIGHLIGHTS

  • flat, quiet setting adjacent to 68 acre public green space

OVERVIEW

Residential development opportunity. The site is 1.49 Acres/64,960 SF. The property will be delivered as its own parcel. The site is in the city limits of Santa Cruz County, adjacent to Arana Gulch, a 68-acre public green space with multi-use trails for public use with trail access to the Santa Cruz Yacht Harbor. Site access is from Frederick Street and via a deeded easement on Montesano Street. The primary frontage is 338 feet along Frederick Street. The area is easily accessed from Highways 1 and 17 and is served by public transportation less than 1/2 mile away. The property is zoned RL and is described as Multiple Residence - Low Density. The allowable density is 2,200 square feet per unit (1,600 square feet per unit for one-bedroom/studio units). On a 64,960-square-foot lot, 30 units are allowed, or 41 units for all one-bedroom/studio units. The property is within 0.5 miles of a transit stop along Soquel Avenue and would qualify under the current density bonus and reduced parking requirements.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/ACRE

$1,996,657/AC

PRICE/SF

$46 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.49 AC

LAND SF

64,904 SF

OFFSITE IMPROVEMENTS

-

ZONING

RL

APN/PARCEL ID

011-081-62-000

ASK ABOUT THIS PROPERTY

Carol LezinJ. R. Parrish Commercial Real EstateMore Info
831-247-2610

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Carol LezinJ. R. Parrish Commercial Real EstateMore Info
831-247-2610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.