About This Home

This 0-bedroom, 0-bathroom commercial at 3811 Portola Drive in Santacruz, CA is listed for $3,149,000 ($1,331 per sqft). Built in 1956, the home offers 2,366 sqft of living space on a 0.49 acres lot.

Key Features

  • Built in 1956
  • 0.49 acre lot
  • 10 parking spaces

Property Details

1 story
10 spaces
1956
Listing Description

Rare redevelopment and investment opportunity in the Pleasure Point Commercial Corridor within a designated Opportunity Zone. Situated along Portola Drive in the heart of Pleasure Point, this high-visibility property includes an existing medical office building and an adjoining vacant lot, creating a unique opportunity for investors, developers, or owner-users seeking a strategic coastal location with long-term upside.

The single-story building is currently configured as a chiropractic office with multiple treatment rooms and a flexible layout suitable for medical, wellness, or professional use. Strong street frontage and a generous on-site parking lot provide excellent visibility and accessibility along one of the areas prime commercial corridors.

Preliminary architectural concepts have been explored for a 40+/- unit mixed-use development, presenting a compelling opportunity to reposition, redevelop, or land bank in a coastal market where development sites are increasingly limited. Located approximately three blocks from the iconic Pleasure Point surf break at The Hook and minutes from Capitola Village, the property sits within one of Santa Cruz County's most desirable coastal communities, surrounded by vibrant retail, restaurants, and year-round beach culture.

Monthly Cost Estimate

$16,842/mo

20% down · 6.5% · 30 years

Principal$2,277
Interest$13,646
Insurance$918

Estimates only. Actual payments may vary.

Location

3811 Portola Drive

Santacruz, CA 95062

Property Details

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3811 Portola Drive is listed at $3,149,000 ($1,331/sqft). The estimated monthly payment is $16,841 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.49 acre lot, 10 parking spaces.

This property is listed by Kasey Hinchman.

KH

Kasey Hinchman

License 01424163

Agent at David Lyng Real Estate

Listed by David Lyng Real Estate · Broker phone: (831) 476-0100 · Broker website

MLS# ML82038443· Source: MLS Listings, Inc.· 234 days on PropertySimple

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3811 Portola Drive, Santacruz, CA 95062

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