$2,325,000
$2,500,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
369 Sea Ridge RD Aptos, CA 95003
2 Beds
2 Baths
4,805 SqFt
Key Details
Sold Price $2,325,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,805 sqft
Price per Sqft $483
MLS Listing ID ML81948360
Sold Date 12/26/23
Bedrooms 2
Full Baths 2
Year Built 1972
Lot Size 7,710 Sqft
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!
Location
State CA
County Santa Cruz
Area Seacliff
Zoning RM-2.5
Rooms
Kitchen Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Vinyl / Linoleum
Laundry Washer / Dryer
Exterior
Exterior Feature Balcony / Patio
Garage Carport , Off-Street Parking, On Street, Tandem Parking
Utilities Available Individual Electric Meters, Public Utilities
View Ocean
Roof Type Composition
Building
Lot Description Grade - Mostly Level, Views
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions Age - No Restrictions
Tax ID 038-242-15-000
Security Features None
Special Listing Condition Not Applicable
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Bought with Troy Hinds • David Lyng Real Estate