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Executive Summary
Development opportunity located near Soquel Village. This classic Spanish Revival "Hollywood Bungalow" is situated directly across from Soquel Elementary. Sale includes approximately $66,000 in pre-development investment and engineered plans currently in the final stages of the discretionary permit process. This project is positioned for a buyer or developer to complete minor remaining items and proceed to a public hearing for final entitlements. Property features a 952 SF main office building plus a detached 400 SF storage/flex building and a 20x50 parking easement at the rear to maximize usable area. Existing sub-tenant income helps offset carry costs during the final permitting phase. All occupancy is month-to-month, providing maximum flexibility for an owner-user or developer. Walking distance to Soquel Village shops and restaurants. Buyer to verify all development status with the County.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,352 SF
Building Class
B
Year Built
1936
Price
$725,000
Price Per SF
$536.24
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
952 SF
Building FAR
0.34
Lot Size
0.09 AC
Zoning
C-2-GH - Community Commercial
Parking
7 Spaces (5.18 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Storage Space
- Central Heating
- Natural Light
- Hardwood Floors
- Yard
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Advantage Homes
- Construction
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Advantage Homes | Construction | - | - | Lorem Ipsum | Jan 0000 |
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Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 030-142-13-000 | Improvements Assessment | $125,421 |
| Land Assessment | $180,289 | Total Assessment | $305,710 |
Property Taxes
Parcel Number
030-142-13-000
Land Assessment
$180,289
Improvements Assessment
$125,421
Total Assessment
$305,710
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