Santa Cruz, CA 95062,440 Frederick ST
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1.49 Acres Lot


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$ 2,975,000
Est. payment | /mo
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1.49 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML81974031

HOA Y/N No

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 699 - Not Defined

Zoning RL

Interior

Fireplace No

Exterior

Fence Wood

Utilities Available None, Water Not Available

View Y/N Yes

Present Use Place of Worship

Building

Lot Description Paved

Sewer Public Sewer

Water None

Schools

Elementary Schools Other

Middle Schools Other

School District Other

Others

Tax ID 01108162

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Carol Lezin • JR Parrish Inc.
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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440 Frederick ST