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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

Listed by Helen Pastorino • Pertria

$6,740,000

Est. payment - /mo

12,391 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 12,391 sqft

Price per Sqft $543

MLS Listing ID ML82053750

HOA Y/N No

Year Built 1974

Lot Size 0.920 Acres

Property Sub-Type Other

Source Datashare MLSListings

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!

Location

State CA

County Santa Cruz

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplace No

Window Features Double Pane Windows

Appliance Refrigerator

Building

Water Public

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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2655.2695 Mar Vista Drive Aptos, CA 95003

Patricia Beattie

Key Details

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