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338 Ocean Street, 
Santa Cruz, CA 95060

$2,500,000

—

Bed

—

Bath

2,150

Sq Ft

Multi-Family

Active

Listed by

Paul Zech

Coldwell Banker Realty

831-688-6461

Last updated:

January 15, 2026, 04:33 AM

MLS#

ML82030410

Source:

CRMLS

About This Home

338 Ocean Street

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.

Home Facts

Multi-Family

Built in 1885

Price Summary

2,500,000

$1,162 per Sq. Ft.

MLS #:

ML82030410

Last Updated:

January 15, 2026, 04:33 AM

Added:

9 day(s) ago

Rooms & Interior

Interior

Living Area:

2,150 Sq. Ft.

Structure

Structure

Architectural Style:

Victorian

Building Area:

2,150 Sq. Ft.

Year Built:

1885

Lot

Lot Size (Sq. Ft):

17,075

Finances & Disclosures

Finances

Price:

$2,500,000

Price per Sq. Ft:

$1,162 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the 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. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Diamond is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Diamond, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.