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Investment Highlights
- Located near Soquel Village with convenient access to neighborhood services and amenities.
Executive Summary
A stylish yet classic 3-suite office building offering a combined 1,369 square feet of existing space. The newly renovated property features a 969 SF main building designed in a charming "Hollywood Bungalow" style—complete with a common lobby, kitchenette, and restroom—alongside a detached 400 SF storage building. The property also includes a 20'x50' easement in perpetuity, providing ample room for oversize vehicle parking at the rear.
A full permit package has been assembled to replace the existing storage structure with a new, attached 900± SF warehouse/garage wing, topped with two 450± SF residential units (pending final parking approval). Complete plans, engineering, and supporting materials are available from the concept’s contractor. The buyer has the opportunity to retain this contractor to handle permitting and construction, with an estimated completion time of less than 9 months.
This is a rare opportunity to acquire a heritage property with excellent mixed-use development upside, perfectly situated amidst the many parks, shops, and restaurants of nearby Soquel Village and Main Street.
A full permit package has been assembled to replace the existing storage structure with a new, attached 900± SF warehouse/garage wing, topped with two 450± SF residential units (pending final parking approval). Complete plans, engineering, and supporting materials are available from the concept’s contractor. The buyer has the opportunity to retain this contractor to handle permitting and construction, with an estimated completion time of less than 9 months.
This is a rare opportunity to acquire a heritage property with excellent mixed-use development upside, perfectly situated amidst the many parks, shops, and restaurants of nearby Soquel Village and Main Street.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
$675,000
Price Per SF
$499.26
Cap Rate
4.40%
NOI
$29,700
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
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 030-142-13-000 | Improvements Assessment | $125,421 (2025) |
| Land Assessment | $180,289 (2025) | Total Assessment | $305,710 (2025) |
Property Taxes
Parcel Number
030-142-13-000
Land Assessment
$180,289 (2025)
Improvements Assessment
$125,421 (2025)
Total Assessment
$305,710 (2025)
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Contact the Sale Advisor
2745 Porter St



