2655.2695 Mar Vista DR, Aptos, CA 95003
- $6,740,000
- 12,391
- SqFt
Listed by Helen Pastorino, 408-930-6244 from Pertria
(If provided) CoList: Chris Crego from Pertria
- List Price
- $6,740,000
- MLS#
- ML82053750
- Status
- ACTIVE
- Sqft. of Residence
- 12,391
- Lot Size
- 40,075
- Listing Area
- Aptos
- Year Built
- 1974
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!
Additional Information
- Acres
- 0.92
- Cooling System
- None
- Energy Features
- Double Pane Windows, Low Flow Shower, Low Flow Toilet, Thermostat Controller
- Floor Covering
- Carpet, Vinyl / Linoleum
- Foundation
- Concrete Slab, Crawl Space, Post and Pier, Raised
- Garage Parking
- Carport, On Street, Parking Area, Parking Restrictions, Unassigned Spaces
- Heating System
- Gas, Wall Furnace
- Laundry Facilities
- Washer / Dryer
- Living Area
- 12,391
- Lot Description
- Paved
- Lot Size
- 40,075
- Neighborhood
- Aptos
- Other Rooms
- Laundry Room, Storage
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Fiberglass, Shingle
- Sewer
- Sewer - Public, Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- RM-3
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