Market Street, Santa Cruz, CA, 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. SC 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 two stories. Shared parking, views toward Pogonip, and private front and rear yards. Designed pursuant to the City's allowance of four units under SB9 with or without an actual land division. Package represents a minimum $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. Assumes the use of 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.