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$3,900,000 Just Listed
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Property Description
Prime commercial opportunity on a 15,682 sq. ft. parcel in an outstanding location. The existing structure is approximately 1,600 sq. ft. and the site formerly operated as a service station. Underground tanks and impacted soil were removed and remediated, and Phase I & Phase II environmental assessments were completed at that time. This trophy property has seen concept plans over the years for a hotel, a new service station, and other potential uses, offering a compelling canvas for future development. In the meantime, the property generates strong rental income from six (6) different businesses, including a catering truck. Collect income while you plan your next project! Excellent upside and long-term potential.
Full Property Details
Full Property Details for 433 Ocean St
General
- Price: $3,900,000
- Status: Active
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML82030985
- Updated: 1/14/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Private Restrooms
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Garage Spaces: 3
- Parking Features: Enclosed, Off-Street Parking, Room for Oversized Vehicle, Unassigned Spaces, Uncovered Parking
Location
- Area: East Santa Cruz
- County: Santa Cruz
- Cross Streets: Soquel
Heating & Cooling
- Cooling Type: None
- Heating Type: Space Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- Foundation: Concrete Slab
- Roof: Flat / Low Pitch
- Disability Access: Other
- Square Feet: 1,596
- Office: 200 Sq. Ft.
- Warehouse: 1,400 Sq. Ft.
- Year Built: 1968
Unit Information
- Units in Complex: 1
- # Tenants: 4
Lot Features
- Minimum Lot Size: 15682
- Lot Size (Sq. Ft.): 15,682
- Yard Description: 14086 Sq. Ft.
- Present Use: Automotive, Commercial, Food Service, Light Industrial, Service
- Zoning: MUVS - Mixed Use Visitor Serving - High Density
Disclosures and Reports
- Restrictions: None
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 433 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 433 Ocean St
Date
Details
Price
Change
Source
1/13/2026
Listed
$3,900,000
231.91%
MLS
9/11/2008
Sold
$1,175,000
—
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 433 Ocean St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,949
8%
$1,513,119
4%
2023
$16,549
1%
$1,454,362
2%
2022
$16,362
2%
$1,425,845
2%
2021
$16,020
1%
$1,397,888
1%
2020
$15,894
2%
$1,383,555
2%
2019
$15,557
1%
$1,356,426
2%
2018
$15,380
1%
$1,329,829
2%
2017
$15,182
6%
$1,303,753
2%
2016
$14,335
2%
$1,278,189
2%
2015
$14,052
25%
$1,258,990
26%
2014
$11,274
-1%
$1,000,000
—
2013
$11,368
—
$1,000,000
—
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 433 Ocean St
433 Ocean St, Santa Cruz, CA 95060 (MLS# ML82030985) is a Industrial property. 433 Ocean St is currently listed for $3,900,000 and was received on January 13, 2026. This property is listed by Team Zech Properties from our Aptos Office.Want to learn more about 433 Ocean St? Do you have questions about finding other Industrial 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.


