For Sale91d on marketHistoric · 141 yrs
338 Ocean St
Santa Cruz, CA, 95060 • 95060 • Santa Cruz County
$2,500,000
$1163/sqft
Down payment assistance available
3Beds
2Baths
2,150Sqft
0.39 acLot
1885Built
Property DNA
Victorian Style
Built 1885 · 141 years of history
2-Car Garage
Leased · Off Street · Oversized
This home is getting attention
Listed 91 days ago · 615 views · 3 saves
Market activity
Demand and pricing signals for this listing
615 views
People checking out this listing
3 saves
Buyers have saved this home
91 days on market
Established listing
$1,163/sqft
Price per square foot
About this home
Multi Family · Built 1885 · Historic
Charming Victorian-style duplex in the heart of Santa Cruz. The upper unit offers approximately 1,100 sq. ft. with 2 bedrooms and 1 bathroom, while the lower unit features approximately 800 sq. ft. with 1 bedroom and 1 bathroom, ideal for investment, owner-occupancy, or multigenerational living. A standout feature is the expansive 17,976 sq. ft. lot, offering compelling future development potential for multi-use and/or additional units (buyer to verify). Surrounded by established higher-density uses, the immediate area reflects what may be possible. For reference, the neighboring property at 314 Jessie St. is improved with an approximately 50-unit apartment building on a lot that appears only modestly larger, highlighting the upside opportunity for this exceptional parcel.
Standout features identified
Our analysis highlights victorian-style duplex, victorian style duplex, and one bedroom as key attractions of this home.
Estimated monthly payment
Based on current rates
$15,824/month
Principal & Interest$12,490
Property Tax$2,500
Insurance$833
Down payment20% ($500,000)
3%50%
Est. 6.38% rate · 30yr fixed · $2,000,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex, Residential Income
Year Built1885
HeatingOther
CoolingNone
Parking2 Garage spaces
Days on Zillow91 Days
Price/sqft$1,163
Property
Home typeMulti Family
Sub-typeDuplex, Residential Income
StyleVictorian
Year built1885
Systems
HeatingOther
CoolingNone
RoofComposition
Water / SewerPublic
Parking & Outdoor
ParkingLeased, Off Street, Oversized
Garage2 spaces
Lot0.39 Acres
Location & Tax
Neighborhood95060
ZoningR-L
Annual tax$5,885
Parcel01055109
Features & details
6 categories of property features
Interior Features
Heating
Other
Cooling
None
Accessibility
Other
Exterior Features
Parking
Leased
Off Street
Oversized
Utilities
Public Utilities
Water Public
Gas
PublicUtilities
Listing insights
Market data and value estimates
StatusFor Sale
Days on market91
Est. value$2,417,600
Est. rent$3,930/mo
Tax rate1.10%
Price/sqft$1163
On marketJan 6, 2026
PostedJan 6, 2026
Last sold$400,000
MLS updatedFeb 10, 2026
Tour days9
Views615
Favorites3
How are the schools in Santa Cruz?
2 schools rated nearby
Location
Santa Cruz, CA, 95060
Price history
3 events
DateEventPrice$/sqftSource
Jan 6, 2026Listed For Sale$2,500,000$1,163MLSListings Inc
Nov 17, 2011Sold$400,000$186Public Record
Apr 20, 2011Sold$500,111$233Public Record
Listed For Sale$2,500,000
Jan 6, 2026•$1,163/sqft•MLSListings Inc
Sold$400,000
Nov 17, 2011•$186/sqft•Public Record
Sold$500,111
Apr 20, 2011•$233/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2025$6,337$502,423
Apr 8, 2024$5,885$492,572
Apr 8, 2023$5,817$482,913
Apr 8, 2022$5,754$473,444
Apr 8, 2021$5,640$464,161
Apr 8, 2020$5,598$459,401
Apr 8, 2019$5,474$450,393
Apr 8, 2018$5,415$441,563
Apr 8, 2017$5,348$432,904
Apr 8, 2016$5,070$424,416
Apr 8, 2015$4,857$418,041
Apr 8, 2014$4,778$409,852
Apr 8, 2012—$400,000
Apr 8, 2011—$408,500
Apr 8, 2010—$427,500
Apr 8, 2009—$427,500
Apr 8, 2008—$52,723
Apr 8, 2007—$51,689
Apr 8, 2006—$50,676
Apr 8, 2005—$49,682
Apr 8, 2004—$48,708
Apr 8, 2003—$47,815
Apr 8, 2002—$46,878
Apr 8, 2001—$45,959
Apr 8, 2000—$45,057
Nearby homes
Neighborhood details
Local context around this listing
Santa Cruz, CA • Santa Cruz County
Nearby cities
AptosBen LomondBoulder CreekCapitolaFeltonLos GatosSanta CruzScotts Valley
Nearby zip codes
950609506195062950639506495065
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Based on information from the MLSListings MLS as of 2026-04-07 18:24:08 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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