About this home
703 Pacific Ave presents a compelling investment opportunity in one of Santa Cruzs most strategically positioned areas, located within the South of Laurel (SOLA) Plan area, which provides meaningful long-term development potential while offering investors the benefit of stable in-place income today. Offered at $1,850,000, the property is currently occupied by a long-term tenant, providing reliable cash flow while an investor holds and evaluates the future development possibilities associated with the SOLA designation. This combination of existing income, a proven tenant, prime Santa Cruz location, and substantial long-term development potential creates an attractive opportunity for an investor seeking both current cash flow and future upside.
- Property type
- Commercial Property
- Lot size
- 6,534 sq ft
- Status
- Active
Listed by Nick Torres, Sherman & Boone Realtors. Source: MLSL. MLS #ML82063300.
Updated 10/1/2026, 4:48:34 PM PT.
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