2695 Mar Vista DriveAptos, CA 95003

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!

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1974

Living area

5,096 Sq Ft

Lot size

0.43 acres

Parking spaces

7

Days on market

84

MLS^® Listing#

ML82053748

Property Features

Appliances

Dishwasher · Refrigerator · Oven · Range · Washer · Disposal · Washer/Dryer · Range Hood · Gas Range

Cooling

None

Heating

Natural Gas · Wall Furnace

Flooring

Vinyl · Carpet

Basement

Crawl Space

Pool

None

Parking

Carport · On Street · Unassigned

Laundry

Laundry Room

Patio

Deck

Fencing

Fenced

Foundation

Slab · Raised

Roof

Composition · Fiberglass · Shingle

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Mar Vista Elementary

Middle

Aptos Junior High

High

Aptos High

Financial Details

HOA

None

Annual taxes

$43,087

Parcel number

039-191-16-000A