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$2,500,000
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Property Description
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.
Full Property Details
Full Property Details for 338 Ocean St
General
- Price: $2,500,000
- Status: Active
- Type: Duplex
- Source: RE_Infolink
- MLS ID: ML82030410
- Updated: 1/14/2026
- Added to Site: 10 day(s) ago
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Leased Parking, Off-Street Parking, Room for Oversized Vehicle
Location
- Area: East Santa Cruz
- County: Santa Cruz
- Cross Streets: Jessie
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Sewer: Sewer Connected
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- Architectural Style: Victorian
- Foundation: Concrete Perimeter
- Roof: Composition
- Disability Access: Other
- Square Feet: 2,150
- Year Built: 1885
Unit Information
Unit 1
- Square Feet: 800
- Bedrooms: 1
Unit 2
- Square Feet: 1100
- Bedrooms: 2
Lot Features
- Minimum Lot Size: 17076
- Lot Size (Sq. Ft.): 17,076
- Building Sites: 1
- Zoning: R-L
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 338 Ocean St
School District:Santa Cruz City Elementary School District
| Name | Grades | Distance |
|---|---|---|
Gault Elementary School 1320 Seabright Avenue, Santa Cruz, CA 95062 | K-5 | 0.6 mi |
Harbor High School 300 La Fonda Avenue, Santa Cruz, CA 95062 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 338 Ocean St
Date
Details
Price
Change
Source
1/06/2026
Listed
$2,500,000
525%
MLS
11/11/2011
Sold
$400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 338 Ocean St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,337
9%
$502,423
4%
2023
$5,817
1%
$482,913
2%
2022
$5,754
2%
$473,444
2%
2021
$5,640
1%
$464,161
1%
2020
$5,598
2%
$459,401
2%
2019
$5,474
1%
$450,393
2%
2018
$5,414
1%
$441,563
2%
2017
$5,348
5%
$432,904
2%
2016
$5,070
4%
$424,416
2%
2015
$4,857
2%
$418,041
2%
2014
$4,778
—
$409,852
—
2013
$4,795
—
$408,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 338 Ocean St
338 Ocean St, Santa Cruz, CA 95060 (MLS# ML82030410) is a Duplex property with 0 bedrooms and 0 full bathrooms. 338 Ocean St is currently listed for $2,500,000 and was received on January 06, 2026. This property is listed by Team Zech Properties from our Aptos Office.Want to learn more about 338 Ocean St? Do you have questions about finding other Duplex real estate for sale in Santa Cruz? You can browse all Santa Cruz real estate or contact a Coldwell Banker agent to request more information.


