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369 Sea Ridge RD Aptos, CA 95003
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Key Details
Sold Price $2,325,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81948360
Sold Date 12/26/23
HOA Y/N No
Year Built 1972
Annual Tax Amount $4,962
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 699 - Not Defined
Zoning RM-2.5
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Carport Spaces 5
Roof Type Composition
Total Parking Spaces 7
Building
Water Public
Schools
School District Other
Others
Tax ID 03824215000
Financing Cash
Special Listing Condition Standard
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Bought with Troy Hinds • David Lyng Real Estate