main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
main property photo 5
View All (6)
property photo 1
property photo 2
property photo 3
703 Pacific Ave , Santa Cruz, CA 95060
$1,850,000
Est. Payment: $10,153.49/mo
2278 Sqft
0.15 Acres
Status: Active | Days on site: 1
Get Pre-Qualified
ML39309 - ML5072696,ML479219
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Chris Heller
View agent profile
Email
Call

House Description

703 Pacific Ave presents a compelling investment opportunity in one of Santa Cruzs most strategically positioned areas, located within the South of Laurel (SOLA) Plan area, which provides meaningful long-term development potential while offering investors the benefit of stable in-place income today. Offered at $1,850,000, the property is currently occupied by a long-term tenant, providing reliable cash flow while an investor holds and evaluates the future development possibilities associated with the SOLA designation. This combination of existing income, a proven tenant, prime Santa Cruz location, and substantial long-term development potential creates an attractive opportunity for an investor seeking both current cash flow and future upside.
Show more

Highlights

Listed by Nick Torres , 831-435-9949 and Erik Barbic , 831-464-5039 Sherman & Boone Realtors , 831-464-5050. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.15

Year Built

1936

County

Santa Cruz

Area

699 - Not Defined

Listing ID

ML82063300

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:CBD-E
Roof:Other
Principal Interest
$10,153
Taxes
$1,179

Home Price

$1,850,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,153.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,153.49 $1,179.38 $0.00 $11,332.87
Yearly $121,841.89 $14,152.50 $0.00 $135,994.39
Total $3,655,256.83 $424,575.00 $0.00 $4,079,831.83

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Santa Cruz, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T11:10:31.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS