$1,795,000
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1770 48th AVE Capitola, CA 95010
3,072 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $559
MLS Listing ID ML81902332
Year Built 1964
Annual Tax Amount $11,584
Lot Size 3,615 Sqft
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!
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning R
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Carport
Roof Type Flat,Other,Tar/Gravel
Building
Story 2
Foundation Concrete Perimeter, Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
School District Other
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Bought with Robert Deacon • Monterey Bay Properties