2655.2695 Mar Vista Drive, Aptos, CA 95003

$6,740,000
12,391
SqFt

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

List Price
$6,740,000
Status
ACTIVE
Days on Market
64
MLS#
ML82053750
Subtype
Commercial Sale
Year Built
1974
Living Area
12,391
Lot Size
40,075
Acres
0.92
Subdivision
Ca
Neighborhood
Ca

Property Description

A RARE 16-UNIT APTOS INVESTMENT OPPORTUNITY. This 16-unit Aptos multi residential portfolio offers the fundamentals a thoughtful investor looks for: scale, 100% occupancy, strong in-place income, and the advantage of adjacent ownership across three APNs. Comprised of two neighboring income-producing properties, the portfolio generates more than $40,965 in monthly rental income and includes a desirable unit mix of fourteen two-bedroom residences and two studio apartments. The offering provides immediate income, operational efficiency, and future flexibility rarely found in a market with limited multi residential inventory. Beyond current income, the portfolio allows an investor to evaluate upside 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, improving access to schools, beaches, and community amenities. For the investor seeking stabilized income and long-term ownership in one of Santa Cruz Countys desirable communities, this is a portfolio worth serious review. 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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