Santa Cruz CA Land for Sale
$2,975,000
440 Frederick Street Santa Cruz, CA 95062
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.49 Acres
- Baths:
- MLS#:
- ML81974031
ADDITIONAL INFORMATION
Residential Development Opportunity. The site is 1.49 Acres/64,960 SF and will be delivered as its own parcel. It is within the city limits of Santa Cruz County, adjacent to Arana Gulch, a 68-acre public green space with multi-use trails for hiking, bicycling, and trail access to the Santa Cruz Yacht Harbor. Site access is from Frederick Street and by a deeded easement on Montesano Street. The primary frontage is 338 feet along Frederick Street. The area is easily accessed from Highways 1 and 17 and is served by public transportation less than 1/2 mile away. Zoning is RL and is described as Multiple Residence - Low Density. The allowable density is 2,200 square feet per unit (1,600 square feet per unit for one-bedroom/studio units). On a 64,960-square-foot lot, 30 units are allowed, or 41 units for all one-bedroom/studio units. The property is within 0.5 miles of a transit stop along Soquel Avenue and would qualify under the current density bonus and reduced parking requirements.
Santa Cruz Real Estate
The median home value in Santa Cruz, CA is $351,500. This is lower than the county median home value of $1,058,000. The national median home value is $338,100. The average price of homes sold in Santa Cruz, CA is $351,500. Approximately 61.73% of Santa Cruz homes are owned, compared to 34.67% rented, while 3.59% are vacant. Santa Cruz real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Cruz real estate agent to arrange a tour today!
Santa Cruz, California 95062 has a population of 9,119. Santa Cruz 95062 is more family-centric than the surrounding county with 31.1% of the households containing married families with children. The county average for households married with children is 30.25%.
The median household income in Santa Cruz, California 95062 is $62,974. The median household income for the surrounding county is $96,093 compared to the national median of $69,021. The median age of people living in Santa Cruz 95062 is 34.1 years.
Santa Cruz Weather
The average high temperature in July is 95.6 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 25.1 inches per year, with 0.1 inches of snow per year.