Capitola, CA 95010,Address not disclosed
Capitola, CA 95010,Address not disclosed
Capitola, CA 95010,Address not disclosed
$2,075,000
Est. payment /mo
$2,195,000
5.5%
Est.Price: ?

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2,700 SqFt
SOLD DATE : 06/01/2018

Key Details

Sold Price $2,075,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $768

MLS Listing ID ML81692295

Sold Date 06/01/18

HOA Y/N No

Year Built 1938

Annual Tax Amount $28,740

Lot Size 5,619 Sqft

Property Description

PRICE REDUCTION...NO RENT CONTROL...Remodeled 4 Unit Property in the Prestigious Area of Depot Hill in Capitola...one of the most desirable areas in Santa Cruz County...steps from the ocean and Capitola Village. The property offers so much to Buyers including...4 beautifully remodeled units totaling approximately 2700 sq.ft. consisting of one 2 bedroom unit and three 1 bedroom units...each unit has some combination of yard and/or deck in addition to a common yard area...there are 8 parking places on the property(2 tandem parking places per unit)...Projected Rental Income over $10K per month. This property is a great fit for many types of Buyers including 1. Buy and Hold Investors 2. Buyers looking for second home for themselves while the other units generate income 3. Multi-Generational Living Situations. Financials included in this listing are Pro Forma.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning Multi unit

Interior

Cooling None

Flooring Carpet, Tile

Fireplace No

Appliance Disposal, Refrigerator, Range Hood

Laundry None

Exterior

Utilities Available Other

View Y/N Yes

View Ocean

Roof Type Composition

Accessibility None

Total Parking Spaces 8

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Schools

Middle Schools Other

School District Other

Others

Tax ID 03612306000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Chuck Oliver • David Lyng Real Estate
Bought with Holly Ma • David Lyng Real Estate

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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