Listed By:
Patricia Leggett with David Lyng Real Estate - 831-588-3877
Address
369 Sea Ridge RD, Aptos, CA
Price
$ 2,500,000
Property Attributes
  • ID#ML81948360
  • TypeMulti-Family
  • CountySANTA CRUZ
  • CityAptos
  • AreaSeacliff
  • Zip95003
  • Style
  • Price$ 2,500,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4805
  • Lot Size7,710 SqFt
Data Source:
MLSListings Inc.
Property Description

Welcome to Seacliff! Rare 5-PLEX OPPORTUNITY in a fantastic location! Walkable to Seacliff Beach, numerous local restaurants, shops and the new Aptos Library. Aptos Village, Seascape Golf Course and Resort are just minutes away. Units are mirror images of each other. They are 2 bedroom, 2 baths with laundry room and fireplace in each unit. 2nd bedroom in each unit is equipped with a Murphy Bed. Top 2 units have beautiful, wide ocean views. Carports for 5 cars with tandem parking behind. Units could continue to be rented or remodeled/upgraded to maximize rents and cap rate projections. Current renters have been long term and because of that rents are low for the area. They would ideally like the opportunity to stay but that will ultimately be up to the new owner. Currently each tenant is month to month. This is a great investment opportunity!

Price History
11/21/2023 Listed $2,500,000

General Features

# of Buildings 2
Accessibility Parking
Age 51
Amenities Misc. Wet Bar
City APTOS
Cooling None
County Santa Cruz
Heating Forced Air
Incorporated Y/n Yes
Listing Agent State License 01390223
MLS Area Seacliff
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions Age - No Restrictions
Roof Composition
Security Features None
Special Listing Conditions Not Applicable
Status Active
Utilities Individual Electric Meters, Public Utilities
View Ocean
Virtual Tour https://www.wellcomemat.com/mls/jvg316c718b1lfo4
Virtual Tour https://www.wellcomemat.com/mls/jvg316c718b1lfo4
Water Public
Year Built 1972
Zoning Text RM-2.5

Interior Features

Flooring Carpet, Vinyl / Linoleum
Kitchen Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
Laundry Features Washer / Dryer
Living Sqft 4805
Unit 1 Rent 1977

Exterior Features

Building Area Total 4805
Foundation Details Concrete Slab
Lot Acres 0.1770
Lot Description Grade - Mostly Level, Views
Lot Size Area 7710.00
Lot Size Units Square Feet
Maximum Lot Size 7710.00
Meters Separate Electric, Separate Gas, Separate Water
Parking Features Carport, Off-Street Parking, On Street, Tandem Parking
Parking Spaces 7
Sewer/Septic Sewer Connected
Yard/grounds Balcony / Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 95003

Price
AVG $2.5M
$2.5M
Visits
AVG 8
7
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1972
Walkscore
AVG 70
70
Data Provided by Walkscore® not using MLS data

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