2655 Mar Vista Drive,Aptos, CA 95003
Aptos, CA 95003
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!
Details
| MLS # | ML82053750 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 62 |
| Listing Provided By | Pertria | Helen Pastorino |
Features
| SQ Feet | 12,391 |
|---|---|
| Car Port | Yes |
| Units | 16 |
| Building(s) | 5 |
| Zoning | RM-3 |
| Acreage | 0.92 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition, Fiberglass, Shingle |
|---|---|
| Lot Features | Paved |
Taxes
| Property | 80614 |
|---|
Area Information
| State | CA |
|---|---|
| County | Santa Cruz |
| City | Aptos |
| Zip Code | 95003 |
| Area | 699 Not Defined |
| Listing VS Median (in 95003) | |
Price: $6,740,000 low | high Med: $2,374,500 sqft: 12,391 low | high Med: 5,757 $ / sqft: $544 low | high Med: $671 On site: 62 low | high Med: 1101 | |
Market Activity 95003
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Learn More About This Property
| State | CA |
|---|---|
| County | Santa Cruz |
| City | Aptos |
| Zip Code | 95003 |
| Area | 699 Not Defined |
| Listing VS Median (in 95003) | |
Price: $6,740,000 low | high Med: $2,374,500 sqft: 12,391 low | high Med: 5,757 $ / sqft: $544 low | high Med: $671 On site: 62 low | high Med: 1101 | |