Basics
| Date added Added 4 hours ago | Category Five Or More Units | Type Residential Income | Status Active |
| Area 7295 sq ft | Lot size 21475 sq ft | Year built 1977 | Lease term 12 Months |
| Garage spaces 1 | Listing source MLSL | MLS ID ML82053730 |
Description
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Description:
APTOS INVESTMENT OPPORTUNITY. This fully leased nine-unit multifamily property offers the fundamentals a thoughtful investor looks for: 100% occupancy, strong in-place income, and a desirable coastal location. Generating more thanÃÂ $22,995 in monthly rental income, the property features a proven unit mix of eight two-bedroom residences and one studio apartment, providing stable cash flow and immediate income. Beyond current income, investors can evaluate opportunities through market rent positioning, operating expense review, and net operating income potential, all detailed in the Offering Memorandum. The location is further strengthened by the new pedestrian and bicycle bridge over Highway 1, scheduled for completion in 2026 at the end of Mar Vista Drive, connecting Seacliff and Aptos while improving access to schools, beaches, and community amenities. For the investor seeking stabilized income and long-term ownership in one of Santa Cruz County's desirable coastal communities, this is an opportunity worth serious consideration. Enjoy!
Location
- County: Santa Cruz
Building Details
- Parking spaces: 7
- New construction: No
- Heating: Gas, Wall Furnace
- Roof: Composition, Fiberglass, Shingle
- Parking: Assigned Spaces, Carport, Common Parking Area, Detached, On-street, Parking Restrictions
Amenities & Features
- Waterfront: No
- Garage: Yes
- Attached garage: No
- Fireplace: No
- Private pool: No
- Cooling: None
- Utilities: Public Utilities, Water - Public
- Amenities: