369 Sea Ridge RD, Aptos, CA 95003
$2,325,000
$2,500,000
7.0%
Est.Price: ?

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7,710 Sqft Lot

369 Sea Ridge RD Aptos, CA 95003

Est. payment /mo
SOLD DATE : 12/26/2023

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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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Listed by Patricia Leggett David Lyng Real Estate #01390223
Bought with Troy Hinds David Lyng Real Estate
Jessica Lam

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