2695 Mar Vista DR, Aptos, CA 95003
- $2,975,000
- 5,096
- SqFt
- List Price
- $2,975,000
- MLS#
- ML82053748
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 5,096
- Lot Size
- 0.43
- Listing Area
- Aptos
- Year Built
- 1974
Property Description
A RARE APTOS INVESTMENT OPPORTUNITY. This fully leased seven-unit multifamily property offers the fundamentals a thoughtful investor looks for: 100% occupancy, strong in-place income, and a desirable coastal location. Generating more than $17,970 in monthly rental income, the property features a proven unit mix of six two-bedroom residences and one studio apartment, providing stable cash flow and immediate income. Beyond current income, investors can evaluate opportunities 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 while improving access to schools, beaches, and community amenities. For the investor seeking stabilized income and long-term ownership in one of Santa Cruz County's desirable coastal communities, this is an opportunity worth serious consideration. Enjoy!
Additional Information
- Acres
- 0.43
- Age
- 52
- Cooling System
- None
- Energy Features
- Low Flow Shower, Low Flow Toilet, Thermostat Controller
- Floor Covering
- Carpet, Vinyl / Linoleum
- Foundation
- Concrete Slab, Crawl Space, Raised
- Garage Parking
- Carport, On Street, Parking Area, Parking Restrictions, Unassigned Spaces
- Heating System
- Gas, Wall Furnace
- Laundry Facilities
- Washer / Dryer
- Living Area
- 5,096
- County
- Santa Cruz
- Neighborhood
- Aptos
- Other Rooms
- Laundry Room, Storage
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Fiberglass, Shingle
- Sewer
- Sewer - Public, Sewer Connected
- Special Features
- None
- Total Number Of Units
- 7
- Unincorporated Yn
- Yes
- Zoning
- RM-3
Mortgage Calculator
Listing courtesy of Helen Pastorino from Pertria. 408-930-6244
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