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$2,950,000 -$325,000 (-9.92%) Price Reduced
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Property Description
Positioned at the epicenter of the rapidly evolving Ocean St. corridor, 806 Ocean represents a premier development opportunity in Santa Cruzs most aggressive growth zone. Spanning just under a half acre with the highly coveted MU-VH zoning, this property is a blank canvas perfectly situated to benefit from the massive infrastructure and residential investments currently transforming the citys gateway. Developers can leverage State Density Bonus Laws to exceed traditional caps, creating a high-yield, flagship project that mirrors the 5 & 6 story developments rising on neighboring blocks. This rare zoning allows for a strategic blend of high-density residential and lucrative visitor-serving commercial uses. Beyond its development potential, 806 Ocean offers a de-risked transition for investors, with a current lease in place to offset holding costs during the entitlement phase. The sites location is unrivaled for connectivity, offering direct access to Highway 17 and Highway 1 while remaining walking distance to the San Lorenzo Riverwalk, Downtown, and the Beach Boardwalk. As Santa Cruz shifts toward a transit-oriented future, this site stands as the next logical domino to fall in a high-yield corridor. Secure the chance to shape the skyline of a neighborhood being reborn.
Full Property Details
Full Property Details for 806 Ocean St
General
- Price: $2,950,000
- Status: Active
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML82032670
- Updated: 3/25/2026
- Added to Site: 62 day(s) ago
Business
- Name: Santa Cruz Vac & Sew
Rental Information
- Complex Features: Carpeting, Manager's Office, Public Restrooms, Showroom
Additional Information
- Extras: Not Applicable
- Security/Safety: Video / Audio System
Parking
- Parking Features: Assigned Spaces, Guest/Visitor Parking
Location
- Area: East Santa Cruz
- County: Santa Cruz
- Cross Streets: Water St.
Heating & Cooling
- Cooling Type: Central Air Conditioning (Gas/Forced Air)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- # Buildings: 1
- Foundation: Concrete Slab
- Roof: Metal
- Disability Access: Bathroom Features, Elevator/Lift, Wheelchair Access
- Square Feet: 6,508
- Year Built: 1981
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Acres): 0.465
- Minimum Lot Size: 20255
- Lot Size (Sq. Ft.): 20,255
- Yard Description: 14000 Sq. Ft.
- Present Use: Retail
- Zoning: MU-VH
Disclosures and Reports
- Restrictions: None
Listed by KW Thrive Santa Cruz, The Portola Group
Get Pre-Approved Today
Schools
Schools serving 806 Ocean St
School District:Santa Cruz City Elementary School District
| Name | Grades | Distance |
|---|---|---|
De Laveaga Elementary School 1145 Morrissey Boulevard, Santa Cruz, CA 95065 | K-5 | 1.6 mi |
Harbor High School 300 La Fonda Avenue, Santa Cruz, CA 95062 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 806 Ocean St
Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$2,950,000
-9.92%
MLS
1/27/2026
Listed
$3,275,000
—
MLS
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 806 Ocean St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,823
23%
$1,762,000
19%
2023
$16,942
3%
$1,486,917
4%
2022
$16,441
3%
$1,429,717
3%
2021
$15,981
-21%
$1,391,083
-21%
2020
$20,112
—
$1,762,050
—
2019
$20,068
28%
$1,762,050
30%
2018
$15,700
5%
$1,355,415
6%
2017
$14,997
12%
$1,284,077
8%
2016
$13,447
-4%
$1,192,357
-5%
2015
$14,045
-23%
$1,255,114
-23%
2014
$18,198
—
$1,635,294
—
2013
$18,270
—
$1,627,902
—
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 806 Ocean St
806 Ocean St, Santa Cruz, CA 95060 (MLS# ML82032670) is a Industrial property. 806 Ocean St is currently listed for $2,950,000 and was received on January 27, 2026. Want to learn more about 806 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.

