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1770 48th Ave

Capitola, CA 95010
  • $1,795,000
  • STATUS: Active Under Contract
  • ON SITE: 53 Days
  • ID#: ML81902332
Under Contract
UPDATED: 23 min ago
$1,795,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,072
    SQFT
  • $584
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Ratings & Info

Description

Fantastic 4-Plex in Capitola By The Sea! This is a great multi-family investment opportunity in a prime beach neighborhood! Building has value add and upside rent potential with current rents at $96,840 per annum. Upgrade at your own pace. All units currently occupied with long-standing tenants. Each unit is 2BD, 1BA, approx. 768SqFt. Carport space for each unit with storage, coin-op laundry, large shared deck. EVERYTHING is within walking distance! Drop down into beautiful Capitola Village and Beaches or walk to 41st for all shopping, dining, etc. So many possibilities: make upstairs into one large living space and rent downstairs units to create your dream beach retreat? This established neighborhood is a quiet enclave in one of the most desirable areas of Santa Cruz County!

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-09-24T14:50:29.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California, Inc.

Licensed in the State of California.
www.bayarearealestatesearch.com/homes/131490916
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1770 48th Ave Capitola, CA 95010

  • Price: $1,795,000
  • Status: Active Under Contract
  • On Site: 53 Days
  • Updated: 23 min ago
  • ID#: ML81902332
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,072
SQFT
$584
$/SQFT
1964
Built
Neighborhood:
Capitola
County:
Santa Cruz
Area:
Capitola
Property Description
Fantastic 4-Plex in Capitola By The Sea! This is a great multi-family investment opportunity in a prime beach neighborhood! Building has value add and upside rent potential with current rents at $96,840 per annum. Upgrade at your own pace. All units currently occupied with long-standing tenants. Each unit is 2BD, 1BA, approx. 768SqFt. Carport space for each unit with storage, coin-op laundry, large shared deck. EVERYTHING is within walking distance! Drop down into beautiful Capitola Village and Beaches or walk to 41st for all shopping, dining, etc. So many possibilities: make upstairs into one large living space and rent downstairs units to create your dream beach retreat? This established neighborhood is a quiet enclave in one of the most desirable areas of Santa Cruz County!
Exterior Features

Foundation Concrete PerimeterPillars / Posts / Piers Garage Parking Carport Number Of Buildings 1 Parking Spaces 0 Pool YN No Roof Flat / Low PitchTar And GravelOther Stories 2

Interior Features

Beds Unit1 2 Beds Unit2 2 Beds Unit3 2 Beds Unit4 2 Cooling None Heating Wall Furnace Sq Ft Unit1 768 Sq Ft Unit2 768 Sq Ft Unit3 768 Sq Ft Unit4 768 Structure Sq Ft 3072

Property Features

Accessibility Features Other Additional Listing Info Court Confirmation May Be Required City Name Capitola Cross Street Capitola Road Hoa YN No Horse Property YN Possible Lot Size Area Maximum 3615.00 Meters Separate ElectricSeparate Gas Property Sub Type Fourplex Rent Unit1 2040 Rent Unit2 2040 Rent Unit3 2040 Rent Unit4 1950 Security Features Other Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning R

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Ashley Haut of Wellington Dev. & Invest.: 831-234-2526.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-09-24T14:50:29.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California, Inc.

Licensed in the State of California.
 
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