About 2695 Mar Vista Dr
A RARE APTOS INVESTMENT OPPORTUNITY. This fully leased seven-unit multifamily property offers the fundamentals a thoughtful investor looks for: 100% occupancy, strong in-place income, and a desirable coastal location. Generating more than $17,970 in monthly rental income, the property features a proven unit mix of six two-bedroom residences and one studio apartment, providing stable cash flow and immediate income. Beyond current income, investors can evaluate opportunities 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 while improving access to schools, beaches, and community amenities. For the investor seeking stabilized income and long-term ownership in one of Santa Cruz County's desirable coastal communities, this is an opportunity worth serious consideration. Enjoy!
Features of 2695 Mar Vista Dr
| MLS® # | ML82053748 |
|---|---|
| Price | $2,975,000 |
| Square Footage | 5,096 |
| Acres | 0.43 |
| Year Built | 1974 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 2695 Mar Vista Dr |
|---|---|
| Area | Aptos |
| City | APTOS |
| County | Santa Cruz |
| State | CA |
| Zip Code | 95003 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Parking Spaces | 7 |
| Garages | Carport , On Street, Parking Area, Parking Restrictions, Unassigned Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Gas, Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Windows | Low Flow Shower , Low Flow Toilet, Thermostat Controller |
|---|---|
| Roof | Composition, Fiberglass, Shingle |
| Foundation | Concrete Slab, Crawl Space, Raised |
Additional Information
| Zoning | RM-3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Helen Pastorino |
|---|---|
| Office | Pertria |
| Contact Info | 408-930-6244 |