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Capitola, CA 95010,1770 48th AVE
Capitola, CA 95010,1770 48th AVE
Capitola, CA 95010,1770 48th AVE
$1,720,000
Est. payment /mo
$1,795,000
4.2%
Est.Price: ?

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3,072 SqFt
SOLD DATE : 10/06/2022

Key Details

Sold Price $1,720,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,072 sqft

Price per Sqft $559

MLS Listing ID ML81902332

Year Built 1964

Annual Tax Amount $11,584

Lot Size 3,615 Sqft

Property Description

Fantastic 4-Plex in Capitola By The Sea! This is a great multi-family investment opportunity in a prime beach neighborhood! Building has value add and upside rent potential with current rents at $96,840 per annum. Upgrade at your own pace. All units currently occupied with long-standing tenants. Each unit is 2BD, 1BA, approx. 768SqFt. Carport space for each unit with storage, coin-op laundry, large shared deck. EVERYTHING is within walking distance! Drop down into beautiful Capitola Village and Beaches or walk to 41st for all shopping, dining, etc. So many possibilities: make upstairs into one large living space and rent downstairs units to create your dream beach retreat? This established neighborhood is a quiet enclave in one of the most desirable areas of Santa Cruz County!

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning R

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Carport

Roof Type Flat,Other,Tar/Gravel

Building

Story 2

Foundation Concrete Perimeter, Pillar/Post/Pier

Sewer Public Sewer

Water Public

Schools

School District Other

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California Regional MLS (CRMLS)
Listed by Ashley Haut • Wellington Dev. & Invest.
Bought with Robert Deacon • Monterey Bay Properties
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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