440 Frederick ST Contingent

Santa Cruz,CA 95062

$ 2975000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID ML81974031

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

Area East Santa Cruz

Zoning RL

Exterior

Fence Wood

Utilities Available None / No Utilities

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Building

Lot Description Grade - Mostly Level,Paved

Sewer Sewer - Public

Water None

Others

Special Listing Condition Not Applicable

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