2695 Mar Vista Drive, Aptos, CA 95003

$2,975,000
5,096
SqFt

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Listing courtesy of Helen Pastorino from Pertria. 408-357-7770

List Price
$2,975,000
Status
ACTIVE
Days on Market
64
MLS#
ML82053748
Subtype
Commercial Sale
Year Built
1974
Living Area
5,096
Lot Size
18,730
Acres
0.43
Subdivision
Ca
Neighborhood
Ca

Property Description

A RARE APTOS INVESTMENT OPPORTUNITY. This fully leased seven-unit multifamily property offers the fundamentals a thoughtful investor looks for: 100% occupancy, strong in-place income, and a desirable coastal location. Generating more than $17,970 in monthly rental income, the property features a proven unit mix of six 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!

Additional Information

Appliances
Refrigerator
Heating
Natural Gas, Wall Furnace
Air Conditioning
None
Roof
Composition Shingles
Parking Features
Parking Lot

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Calculator source: Real Geeks

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