138 Marina AVE

Aptos,CA 95003

$ 3295000

- Bed

0 Bath

4782 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,782 sqft

Price per Sqft $689

MLS Listing ID ML81974334

HOA Y/N No

Year Built 1964

Annual Tax Amount $12,867

Lot Size 2,352 Sqft

Acres 0.054

Property Description

One of a kind investment opportunity in the heart of Rio Del Mar. 136 and 138 Marina are two fourplexes, each with their own separate APN and a shared courtyard. First time on the market in 50+ years. 136 Marina consists of two ground floor studio units, and two one-bedroom units on the second floor. The rear 1-bedroom unit has full ocean views from the balcony. 138 Marina consists of a large one-bedroom ground floor unit with private laundry. On the second floor is another spacious one-bedroom unit plus a studio apartment. The fourth unit, the Penthouse, is a large one-bedroom flat with full ocean views, private laundry, and a view deck. Quite literally located mere steps away from the Esplanade at Rio Del Mar Beach, this unique property offers the best access to coastal amenities. Sandy beaches and good eats at Pixie Deli and Venus Spirits are right around the corner. Ample parking is available on Marina Ave, no permits required. This amazing property is ready for new ownership with tremendous upside potential. Very little turnover and always easy to rent. Kitchens, bathrooms, appliances, and systems have been updated as units turnover. Continue leasing all units or leave one apartment vacant for an owners suite. The possibilities are endless and the Beach still beckons.

Location

State CA

County Santa Cruz

Area 699 - Not Defined

Zoning C-1

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplace No

Exterior

Garage Covered,Carport,Unassigned

Carport Spaces 2

View Y/N Yes

View Ocean,Water

Roof Type Fiberglass,Flat

Accessibility None

Parking Type Covered,Carport,Unassigned

Building

Lot Description Zero Lot Line

Story 3

Foundation Slab

Water Public

Schools

School District Other

Others

Tax ID 04215203000

Special Listing Condition Standard

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