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Listed by Troy Hinds, DRE #01803325 • David Lyng Real Estate
$1,650,000
Est. payment /mo
3 Beds
3 Baths
1,630 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,630 sqft
Price per Sqft $1,012
MLS Listing ID ML82017110
Bedrooms 3
Full Baths 3
Year Built 1927
Lot Size 0.451 Acres
Property Sub-Type Triplex
Source MLSListings, Inc.
Property Description
$325,000 Price Reduction: 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 the 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
Area Live Oak
Zoning RM-2.5
Interior
Heating Electric, Gas
Cooling None
Exterior
Parking Features Off-Street Parking
Garage Spaces 19.0
Utilities Available Other
Roof Type Composition
Building
Foundation Other
Sewer Sewer Connected
Water Water On Site
Others
Tax ID 027-273-01-000
Special Listing Condition Not Applicable
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