1770 48th Ave, Capitola, CA 95010

$1,795,000
3,072
SqFt
List Price
$1,795,000
Closing Date
Oct 14, 2022
MLS#
ML81902332
Status
CONTINGENT
Zoning
R
Sqft. of Residence
3,072
Lot Size
3,615
Listing 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!

Additional Information

Acres
0.083
Age
58
Cooling System
None
Foundation
Concrete Perimeter, Pillars / Posts / Piers
Garage Parking
Carport
Heating System
Wall Furnace
Living Area
3,072
Lot Size
3,615
Neighborhood
Capitola
Other Utilities
Public Utilities
Roof
Flat / Low Pitch, Tar and Gravel, Other
Sewer
Sewer - Public
Special Features
Other
Total Number Of Units
4
Unincorporated Yn
Yes
Zoning
R

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ashley Haut from Wellington Dev. & Invest.

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