2655.2695 Mar Vista DR, Aptos, CA 95003
2655.2695 Mar Vista DR, Aptos, CA 95003
2655.2695 Mar Vista DR, Aptos, CA 95003
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Eric Chu

Eric Chu

+1(650) 922-7449
Listed by Helen Pastorino • Pertria, DRE#00612357
$6,740,000
Est. payment /mo
6 Beds
5 Baths
12,391 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,391 sqft

Price per Sqft $543

MLS Listing ID ML82053750

Bedrooms 6

Full Baths 5

Year Built 1974

Lot Size 0.920 Acres

Property Sub-Type Five or More Units

Property Description

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 than $40,965 in monthly rental income 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!

Location

State CA

County Santa Cruz

Area Aptos

Zoning RM-3

Rooms

Other Rooms Laundry Room, Storage

Kitchen 220 Volt Outlet, Appliances - Vary by Unit, Countertop - Formica, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Oven Range - Gas, Refrigerator

Interior

Heating Gas, Wall Furnace

Cooling None

Flooring Carpet, Vinyl / Linoleum

Laundry Washer / Dryer

Exterior

Exterior Feature Balcony / Patio, Courtyard, Deck , Fenced

Parking Features Carport , On Street, Parking Area, Parking Restrictions, Unassigned Spaces

Garage Spaces 1.0

Community Features Additional Storage, Common Utility Room

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition,Fiberglass,Shingle

Building

Lot Description Paved

Foundation Concrete Slab, Crawl Space, Post and Pier, Raised

Sewer Sewer - Public, Sewer Connected

Water Public

Others

Restrictions Parking Restrictions

Tax ID 039-191-17-000A

Security Features None

Special Listing Condition Not Applicable

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Eric Chu
Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com

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2655.2695 Mar Vista DR