A RARE 16-UNIT APTOS INVESTMENT OPPORTUNITY. This 16-unit Aptos multi residential portfolio offers the fundamentals a thoughtful investor looks for: scale, 100% occupancy, strong in-place income, and the advantage of adjacent ownership across three APNs. Comprised of two neighboring income-producing properties, the portfolio generates more thanA $40,965 in monthly rental incomeA and includes a desirable unit mix of fourteen two-bedroom residences and two studio apartments. The offering provides immediate income, operational efficiency, and future flexibility rarely found in a market with limited multi residential inventory. Beyond current income, the portfolio allows an investor to evaluate upside 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, improving access to schools, beaches, and community amenities. For the investor seeking stabilized income and long-term ownership in one of Santa Cruz Countys desirable communities, this is a portfolio worth serious review. Enjoy!
20 days
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286
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6
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Zillow last checked:
Listing updated:
Listed by:
Helen Pastorino00612357408-930-6244,
Pertria408-357-7777,
Chris Crego02074134408-882-7220
Source: MLSListings Inc,MLS#: ML82053750
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 14
Bathrooms: 8
Kitchen
Features: _220VoltOutlet, Countertop_Formica
Heating
Gas, Wall Furnace
Cooling
None
Appliances
Included: Dishwasher, Disposal, Range Hood, Electric Oven/Range, Gas Oven/Range, Washer/Dryer, Varies By Unit
Features
Flooring: Carpet, Vinyl Linoleum
Doors: None
Interior area
Total structure area: 12,391
Total interior livable area: 12,391 sqft
Property
Parking
Total spaces: 11
Parking features: Carport, On Street, Parking Area, Parking Restrictions
Garage spaces: 1
Has carport: Yes
Accessibility
Accessibility features: None
Lot
Size: 0.92 Acres
Details
Parcel number: 03919117000A
Zoning: RM-3
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
Materials
Foundation: Pillar/Post/Pier, Raised, Slab, Crawl Space
Roof: Composition, Fiberglass, Shingle
Condition
Year built: 1974
Utilities & green energy
Gas: IndividualGasMeters, PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public
Community & HOA
HOA
Amenities included: Additional Storage, Common Utility Room
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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