Market Street, Santa Cruz, CA 95062

Property Description

Rare plug-and-play opportunity to build anything from a Single Family Residence-with or without ADU(s)-up to a 4-Unit Townhome Development. Preliminary Review completed including issued comments and confirmation of feasibility for a proposed 4-unit townhome development, with 900 square-foot units, each including 2 bedrooms and 1.5 baths in 2 stories. Shared parking, views toward Pogonip, and private front and rear yards. Designed pursuant to the City's allowance of 4 units under SB9 with or without a land division. Package represents over $100K in soft costs plus time saved for the new owner, paper trail includes archaeological reconnaissance, biotic assessment, arborist's report, and original soils report. Architect-prepared site plans, floor-plans, exterior elevations, Site Section, 3D model and renderings, designed in detail for cost-effective modular construction. Fully-conforming parcel, sub-divided from a property on Linden Street. Recorded with its own APN, nothing contingent. The undeveloped adjacent parcel is also on the market under a separate Owner. Option to combine and develop both lots together under SB1135 for up to 9 Townhomes total, with Buyer to confirm. Convenient commute access, close to Midtown shops, restaurants, parks, beaches. Seller financing considered.