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2655 Mar Vista Drive, Aptos, CA 95003

$6,740,000
  • 2655 Mar Vista Drive, Aptos, CA 95003 Main Photo

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Active
MLS#ML82053750
STATUSActive PROPERTY TYPECommercial - Business SCHOOLOther

Listing Courtesy of: Pertria
Agency Phone: (408) 357-7777
Associate Name: Helen Pastorino
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


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!

2655 Mar Vista Drive | MLS# ML82053750

This commercial property located at 2655 Mar Vista Drive, Aptos, CA 95003 is currently listed for sale with an asking price of $6,740,000. Mar Vista Drive is located within the Other school district. Search Aptos real estate on www.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Cooling: None
Heating: Wall Furnace
Lot Size: 0.92 Acres
Roof Type: Composition, Fiberglass, Shingle
Taxes: $80,614
Year Built: 1974

Feature Descriptions

Days on Site: 11
Lot: Paved
Parcel#: 03919117000A
Water: Public

Local Schools

High School: Aptos
Middle School: Other
Elementary School: Mar Vista
School District: Other

Listed By / Shown By

Listed By

Agency Name: Pertria
Agent Name: Helen Pastorino
Agency Phone: (408) 357-7777

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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