Prime Soquel Village Investment / Live-Work Opportunity – Newly Confirmed Office & Residential Conversion Options!
Offered at $675,000
Rare opportunity to acquire a heritage, "Hollywood Bungalow" style commercial property in the heart of Soquel Village at 2745 Porter Street (APN 030-142-13). Situated on a 4,182 SF lot (Zoned C-2-GH / C-G-GH), this stylish property features a newly renovated 969 SF 3-suite main office building with a common lobby, kitchenette, and restroom, plus a detached 400 SF rear structure and a 20' × 50' easement in perpetuity providing oversize vehicle parking.
Newly Confirmed County Zoning Options & Earning Potential:
Santa Cruz County Planning has confirmed that the 400 SF rear structure is legally allowed for active office/commercial use rather than limited strictly to storage.
● Front Building (969 SF / 3-Suite Office): Fair market rent estimate of $3,200/month ($38,400/yr).
● Option 1 – Rear Building Office Use: Restore the 400 SF rear building for general/creative office or co-working space at an estimated owner cost of $20,000, generating projected rent of $1,200/month ($14,400/yr) → Total Projected Gross: 4,400/month(52,800/year).
● Option 2 – Rear Building Residential Unit Conversion: Convert the rear building into a 320 SF residential unit with an attached 80 SF storage room at an estimated owner cost of $150,000 (adding plumbing & residential finishes), generating projected rent of
$2,200/month ($26,400/yr) → Total Projected Gross: 5, 400/month(64,800/year).
● Option 3 – Additional Expansion Potential: Listing also includes a full architectural/permit concept package to replace the rear structure with a new 900+ SF warehouse/garage wing with two 450+ SF residential units above (Conditional Will Serve water & sewer letters on file).