440 Frederick Street

Santa Cruz, CA 95062

$2,975,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

calendar_month Built

Property Description

Residential Development Opportunity. The site is 1.49 Acres/64,960 SF and will be delivered as its own parcel. It is within the city limits of Santa Cruz County, adjacent to Arana Gulch, a 68-acre public green space with multi-use trails for hiking, bicycling, and trail access to the Santa Cruz Yacht Harbor. Site access is from Frederick Street and by 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. Zoning is 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.

Listing Information

List Price $2,975,000
Status Active Under Contract
MLS ML81974031
Type Land
Lot Size 64,960
Structure Size N/A
DOM 41
Courtesy Of JR Parrish Inc.
Listing Agent Carol Lezin DRE#00878937
Co-Listing Agent Sue Ellen Gales DRE#01262649

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Carol Lezin, Sue Ellen Gales, JR Parrish Inc. 831-247-2610. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 24th, 2024 at 1:07 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.