1600 Brommer ST new

Santa Cruz,CA 95062

$ 2988000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Commercial Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81972435

Lot Size 0.859 Acres

Property Sub-Type Other Commercial Land

Property Description

1600 Brommer Street is situated in the heart of Midtown Santa Cruz, a vibrant & walkable neighborhood that seamlessly blends residential charm with commercial vitality. This area is renowned for its eclectic mix of local businesses, cafes, & cultural venues, making it an ideal spot for a mixed-use development that caters to both residents & visitors. Site proposal offers 57 residential units (5 studios, 32 1BR, 20 2BR incl. 6 VLI units) & 4,793 SF ground-floor commercial w/ underground parking. Modern 4-story design w/ 87 structured parking spaces, private balconies, rooftop terraces, courtyard & public plaza. Renowned architect firm Hochhauser Blatter Architects have redesigned the original plans to expand the footprint, maximizing the investment. Zoned C-1 on a 0.86-acre lot w/ 100,843 SF total area. Bonus density approved w/ height, parking & use concessions. Walk Score 84, Bike Score 100. Close to beach, harbor, parks, dining & transit. High-demand rental market. Strong investor appeal. Price structured at present value & condition; as Seller reaches benchmark goals, price will adjust accordingly. See disclosures for renderings, site & proposal details; Contact Frank Oliver for additional information.

Location

State CA

County Santa Cruz

Area Live Oak

Zoning C-1

Exterior

Fence Chain Link,Fenced,Fenced Back,Fenced Front,Gate

Utilities Available Electricity - On Site,Gas - Available at Street,Public Utilities

Building

Lot Description Grade - Level

Sewer Sewer - Public,Sewer Available

Water Individual Water Meter,Public,Water On Site

Others

Special Listing Condition Not Applicable

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