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1430 Merrill St
Santa Cruz, CA 95062
Land For Sale · 0.45 AC

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INVESTMENT HIGHLIGHTS

  • Clean Development Site - Three existing homes in disrepair, ready for redevelopment.
  • Exceptional walkability to farmers market, dining, and amenities.
  • Unmatched Coastal Location - 6-minute walk to Black's Beach.
  • Flexible development options - Multifamily or SFR via SB684/1123.

EXECUTIVE SUMMARY

Premier High-Density Development Site with 3 Detached Carrier Income Dwelling Units - 6 Minutes to Black's Beach - Seize this extraordinary 19,500 SF lot in the heart of Live Oak's coveted East Cliff Village neighborhood, where coastal living meets unparalleled walkability. This pristine development site represents the perfect canvas for your next visionary project. In a market starved for new rental housing, this site offers the rare combination of premium coastal location, exceptional walkability, and meaningful development scale. Whether pursuing the recommended 19-unit multifamily project or exploring luxury single-family options under SB684/1123, this property delivers both immediate returns and long-term wealth creation in one of California's most desirable coastal communities. Don't miss this once-in-a-generation opportunity to develop at scale in Live Oak's walkable beach district.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 0.45 AC
Zoning RM-2.5 - High Density Residential

1 LOT AVAILABLE

Lot

Price $2,750,965 CAD
Price Per AC $6,145,238.77 CAD
Lot Size 0.45 AC

Development Potential That Delivers: General Plan/Zoned R-UH/RM-2.5 with conforming density for up to 19 units (14 base + 5 density), this property offers exceptional flexibility. Topographical Survey deliverable for due diligence.

DESCRIPTION

General Plan: R-UH Urban High Residential Zoning: RM-2.5 High Density Residential - Multifamily Base: 14 units | With Density Bonus: Up to 19 units

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
027-273-01-000
Land Assessment
$65,321 CAD
Improvements Assessment
$35,187 CAD
Total Assessment
$100,508 CAD
  • Listing ID: 37183781

  • Date on Market: 2025-08-08

  • Last Updated:

  • Address: 1430 Merrill St, Santa Cruz, CA 95062

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