1770 48th AVE, Capitola, CA 95010
- $1,720,000
- 3,072
- SqFt
- Sold Price
- $1,720,000
- List Price
- $1,795,000
- Closing Date
- Oct 06, 2022
- MLS#
- ML81902332
- Status
- SOLD
- 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!
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Additional Information
- Acres
- 0.08
- 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
Listing courtesy of Ashley Haut from Wellington Dev. & Invest.. 831-234-2526
Selling Office: S0153.
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