Aptos, CA 95003,369 Sea Ridge Road

$2,325,000

$2,500,000

7.0%
Est.Price: ?

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Est. payment /mo

4,805 SqFt


SOLD DATE : 12/26/2023

Key Details

Sold Price $2,325,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,805 sqft

Price per Sqft $483

MLS Listing ID ML81948360

Sold Date 12/26/23

HOA Y/N No

Year Built 1972

Lot Size 7,710 Sqft

Acres 0.18

Property Description

Welcome to Seacliff! Rare 5-PLEX OPPORTUNITY in a fantastic location! Walkable to Seacliff Beach, numerous local restaurants, shops and the new Aptos Library. Aptos Village, Seascape Golf Course and Resort are just minutes away. Units are mirror images of each other. They are 2 bedroom, 2 baths with laundry room and fireplace in each unit. 2nd bedroom in each unit is equipped with a Murphy Bed. Top 2 units have beautiful, wide ocean views. Carports for 5 cars with tandem parking behind. Units could continue to be rented or remodeled/upgraded to maximize rents and cap rate projections. Current renters have been long term and because of that rents are low for the area. They would ideally like the opportunity to stay but that will ultimately be up to the new owner. Currently each tenant is month to month. This is a great investment opportunity!

Location

State CA

County Santa Cruz

Zoning RM-2

Interior

Cooling None

Fireplace No

Appliance Dishwasher, Refrigerator

Building

Water Public

New Construction No

Others

Tax ID 03824215000

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Bridge MLS
Listed by Patricia Leggett • David Lyng Real Estate
Bought with TroyHinds
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