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$3,295,000

Est. payment - /mo

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4 BD

5 BA

4,782 SqFt

Active

136- 138 Marina AVE Aptos, CA 95003

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Graeham Watts

graehamwatts@gmail.com +1(650) 308-4727

UPDATED:

10/18/2024 02:25 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,782 sqft

Price per Sqft $689

MLS Listing ID ML81972102

Bedrooms 4

Full Baths 5

Year Built 1964

Lot Size 2,353 Sqft

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 Rio Del Mar/Seascape

Zoning C-1

Rooms

Kitchen Varies by Unit

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Vinyl / Linoleum

Laundry Washer/Dryer - Some Units

Exterior

Exterior Feature Balcony / Patio, Courtyard

Parking Features Carport , On Street, Unassigned Spaces

Utilities Available Public Utilities

View Ocean

Roof Type Fiberglass,Flat / Low Pitch

Building

Lot Description Views, Zero Lot Line

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 042-152-02-000

Security Features None

Special Listing Condition Not Applicable

Listed by Aimee Thayer-Garcia • Montalvo Homes & Estates

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Graeham Watts

Realtor | License ID: 01466876

+1(650) 308-4727

136- 138 Marina AVE Aptos, CA 95003

Graeham Watts

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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136- 138 Marina AVE