$2,012,500
$1,925,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Capitola, CA 95010
3,072 SqFt
Key Details
Sold Price $2,012,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $655
MLS Listing ID ML81871690
Sold Date 03/03/22
HOA Y/N No
Year Built 1964
Annual Tax Amount $19,359
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Marcus and Millichap is honored to have been exclusively selected to represent the ownership of 1720 48th Ave, Capitola. Constructed in 1964, the subject property sits on a 3,920 square foot lot and offers 3,072 of net rentable square feet with a desirable unit mix of large two bedroom and one bath units. A new investor can come in and renovate the units for an easy profit. The property has been professionally managed over the years. It has a laundry room, covered carports and ample street parking. Situated in a quiet neighborhood, tenants can enjoy a short walk to the Capitola Mall, the Capitola Village or the Pleasure Point area with access to some of the most popular beaches in Santa Cruz County
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning R2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Carport
Carport Spaces 3
Roof Type Flat
Accessibility None
Parking Type Carport
Total Parking Spaces 3
Building
Foundation Concrete Perimeter
Schools
School District Other
Others
Tax ID 03402318000
Financing Other
Special Listing Condition Standard
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