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34229617
34259778

0 Market Street, Santa Cruz, CA 95062

DK
CA CA 01161050, CA DRE # 02114145
Main Street Realtors
Listed by Main Street Realtors
$555,000
6 days on market
Updated 5 days ago

4-Townhome Development Opportunity

Details
Property Type Multifamily, Land
Sub Type Single Family Rental Portfolio, Residential
Square Footage 5,418
Acreage 0.120
Zoning R
Sale Condition For sale by owner

Plug-and-play opportunity to build your choice of Single or Multifamily home with ADU(s)

Marketing description

Rare plug-and-play opportunity to build your choice of anything from a Single Family Residence-with or without ADU(s), up to a 4-Unit Townhome Development. City Preliminary Review has already been completed including issued comments and confirmation of feasibility for a proposed 4-unit townhome development, with each 900 square-foot unit including two bedrooms and 1 ½ baths in two stories, with shared parking, views toward Pogonip, and private front and rear yards.

The proposal has been designed pursuant to the City's allowance of four units under SB9 with or without an actual land division. The development package represents a minimum $100K value in soft costs plus time saved for the new owner, with a paper trail that includes archaeological reconnaissance, biotic assessment, arborist's report, and original soils report. Includes architect-prepared site plans, floor-plans, exterior elevations, Site Section, 3D model, and renderings, designed in detail and assuming the use of modular construction.

This fully-conforming parcel has been sub-divided from one of the properties on Linden Street, part of one of the most desirable neighborhoods in Santa Cruz, and has already been recorded with its own APN, with nothing contingent.

The adjacent parcel, under separate ownership, is also on the market (of similar size without pre-application steps completed). This makes available the option to combine and develop both lots together under SB1135 for up to 9 Townhomes total, with buyer to confirm. All this, in a tree-lined setting, just minutes from Midtown, local shops, restaurants, parks, and beaches with convenient commute access.

Listing Contacts

DK
CA CA 01161050, CA DRE # 02114145
Main Street Realtors
Listed by Main Street Realtors

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Zoning

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R-1-5 ResidentialSingle FamilySingle Family Residence
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Last updated Mar 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Datta Khalsa
License
CA 01161050
Brokerage Phone
831-462-4000
Brokerage Address
2567 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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