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$ 1,995,000
Est. payment /mo
Active
1430 Merrill Street Santa Cruz, CA 95062
3 Beds
1,630 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,630 sqft
Price per Sqft $1,223
MLS Listing ID ML82017110
Bedrooms 3
HOA Y/N No
Year Built 1927
Lot Size 0.451 Acres
Acres 0.45
Property Sub-Type Triplex
Property Description
RARE OPPORTUNITY: Walk to Black's Beach Three fixer-upper detached 1BR/1BA homes on approximately 20,000 SF high-density multifamily development site in the heart of Live Oak's coveted East Cliff Village neighborhood. This exceptional property combines coastal living with unparalleled walkability, offering multiple development paths in one of California's most desirable beach communities. Development Potential: - Zoning: R-UH/RM-2.5 (General Plan/Zoning) - Conforming Density: Up to 19 units (14 base units + 5 density bonus units) - Current Structures: 3 single-family homes, in disrepair Development Options: 1. Full Redevelopment: Build up to 19 multifamily units on this premium coastal site 2. Partial Development: Add approximately 6 additional units while preserving existing structures 3. Single-Family Luxury: Rebuild existing homes for maximum privacy and outdoor space In a market starved for new housing, this site offers the rare combination of premium coastal location, exceptional walkability, and meaningful development scale. Additional Information: - Topographical survey available Please download and review Offering Memorandum. Buyer is responsible for verifying all development potential, density calculations, and project feasibility with local planning authorities.
Location
State CA
County Santa Cruz
Zoning RM-2
Interior
Heating Electric, Natural Gas
Cooling No Air Conditioning
Fireplace No
Building
New Construction No
Schools
School District Santa Cruz City High
Others
Tax ID 02727301000
Virtual Tour https://youtu.be/UBV5dMGqEwY?si=zShwxhP_egIXSjik
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Listed by Troy Hinds • David Lyng Real Estate