338 Ocean Street, Santa Cruz, CA 95060

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
338 Ocean Street,Santa Cruz, CA 95060
$2,500,000
  • 3 Beds
  • - Baths
  • 2,150 sq. ft.
  • Multi-family
  • Active
Listed by: paul zech
Office: coldwell banker realty
MLS#:ML82030410
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$1,162.79

About this home

Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.

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Home facts

  • Year built:1885
  • Listing ID #:ML82030410
  • Added:51 day(s) ago
  • Updated:February 27, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:3
  • Living area:2,150 sq. ft.

Structure and exterior

  • Year built:1885
  • Building area:2,150 sq. ft.
  • Architectural Style:Duplex

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$1,162.79
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at February 27, 2026