440 Frederick Street Pending

Santa Cruz,CA 95062

$ 2975000

- Bed

- Bath

64960 SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Square Footage 64,960 sqft

Price per Sqft $45

MLS Listing ID ML81974031

HOA Y/N No

Originating Board Datashare MLSListings

Lot Size 1.491 Acres

Property Description

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.

Location

State CA

County Santa Cruz

Interior

Fireplace No

Building

Lot Description Mostly Level

Schools

School District Santa Cruz City High,Santa Cruz City Elementary

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