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!
MLS #
ML81902332
MLS Source
MLSListings, Inc.
Cooling
None
Heating
Wall Furnace
Roof
Flat, Other, Tar/Gravel
Foundation
Concrete Perimeter, Pillar/Post/Pier
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Soquel Union Elementary
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
R
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | 4 | – |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 768 | 2 | 1/0 | $2,040 |
2 | 768 | 2 | 1/0 | $2,040 |
3 | 768 | 2 | 1/0 | $2,040 |
4 | 768 | 2 | 1/0 | $1,950 |
1770 48th Ave is a Residential Income in Capitola, CA 95010. This 3,072 square foot property sits on a 3,615 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,720,000 and was built in 1964.
This address can also be written as 1770 48th Ave, Capitola, CA 95010.©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of June 24, 2024. For the most current information, please contact Ashley Haut, (831) 234-2526