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$1,995,000 / 12000ft2 - High Density Development Parcel (Opportunity Zone) (los gatos)

1024 Soquel Ave, Santa Cruz, CA 95062

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1024 Soquel Ave

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12000ft2
license info: DRE # 01161050
land
no laundry on site
off-street parking

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Rare development opportunity at 1024 Soquel Ave in Santa Cruz’s high-demand Eastside, steps from Whole Foods, Staff of Life, Shopper’s Corner, SC Athletic Club, and popular dining and entertainment including The Rio Theatre, The Crepe Place, Lillian’s, and Sante Adairius.
Located across from a large public parking lot and the weekly Midtown Fridays summer events, this ±0.27-acre corner parcel sits in a federal Opportunity Zone and boasts a 94 Walk Score. Zoned MU-H, it allows high- density mixed-use development with reduced or eliminated parking per AB 2097. Base density is 55 DU/acre, with a city-reviewed concept for 76–80 units using State Density Bonus and small-unit exemptions. By-right development allows a 2.75 FAR, up to 5 stories, and zero front and side setbacks, offering strong urban infill potential. Buyer to verify all details.

post id: 7917083983

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