2256 Capitola Rd

Beds
Baths
12,160 Sq. Ft.
$290 / Sq. Ft.
12,160
Sq. Ft.
$290
per Sq. Ft.

Description

Cleanest units to come to Santa Cruz market in years. Rare opportunity to invest in immaculate 16 unit apartment community in convenient,coveted location near services,freeway,beaches. All 2br/1bths with many upgrades:Newer roof,gutters,millgard windows,custom 22 color paint,remodeled tiled bathrooms,new gas furnaces,large lot w fenced yards,gorgeous landscaping,ample parking. Upside in rent must seeCleanest units to come to Santa Cruz market in years. Rare opportunity to invest in immaculate 16 unit apartment community in convenient,coveted location near services,freeway,beaches. All 2br/1bths with many upgrades:Newer roof,gutters,millgard windows,custom 22 color paint,remodeled tiled bathrooms,new gas furnaces,large lot w fenced yards,gorgeous landscaping,ample parking. Upside in rent must see
  1. Listed by Andy Kay • DRE #00922383 • Brokerage DRE #02101181 • Sereno Group • (831) 515-1124

Property Details for 2256 Capitola Road

MLS City Name
Santa Cruz
Building Type
Other
Garage Spaces
0
View
Local/Neighborhood
Cross Street
Chanticleer
LISTING CLOSED: 09/11/2012 12:00 AM

Property Details for 2256 Capitola Road

StatusSold
MLS #ML81215619
Days on Compass87
Taxes$26,808 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1975
Lot Size0.98 AC / 42,688 SF
CountySanta Cruz County

Location

Listing Courtesy of Sereno Group, Andy Kay, DRE #00922383

Sold By RE/MAX Properties West, Donald Teague, DRE #00678991

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Building Information for 2256 Capitola Road

Stories-Residences-Year Built1975Building Size-Lot Size0.98 AC / 42,688 SF

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$20,151 per month

30 year fixed, 6.55% Interest

Principal and Interest

$17,917

Property Taxes

$2,234

HOA Dues

$0

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Property Information for 2256 Capitola Road

Features
Room Information
  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
Features
  • Amenities: Storage Locker
  • Energy Features: Low Flow Shower, Low Flow Toilet
  • Fireplace: No
  • Flooring: Tile, Carpet - Wall to Wall, Vinyl / Linoleum, Carpet
  • Laundry: Washer/Dryer - Owned Coin-Op, Community Facility, Gas Hookup
  • Living SqFt: 12160
  • Pool: No
Utilities
  • Cooling: None
  • Heating: Wall Furnace, Gas
  • Meters: Separate Electric, Separate Gas, Master Water
  • Sewer Septic: Sewer in Street, Sewer Connected
  • Water: Public
Garage
  • Garage and Parking: Guest / Visitor Parking, Spaces per Unit - >1, Off-Street Parking, Carport
Property Details
Homeowners Association
  • HOA Amenities: None
  • HOA Fee: $0
Property Details
  • Max Num Of Units in Complex: 26
  • Min Num Of Units in Complex: 13
  • Area Text: Live Oak
  • Roof: Composition
  • Stories: 0.0
  • Subclass: Five or More Units
  • Street Number: 2256
  • Street Name: CAPITOLA
  • Street Suffix: Road
  • Area ID: 45
Lot / Property Details
Building Information
  • Number of Buildings: 4
  • Structure SqFt: 12160
  • Structure SqFt Source: Seller
  • Age: 37
Development Information
  • Zoning Detail: R2.5
Location Information
  • Directions: Hwy 1 take Soquel dr exit toward ocean to 17th Ave. Left on Capitola Rd to property.
  • Incorporated: No
  • Map Book: Thomas Bros
  • Parcel Number: 029-144-052
  • County Name: Santa Cruz
  • City Name: Santa Cruz
  • City Postal ID: 64
  • Postal Code: 95062
  • Elementary School District: 880
  • Middle School Text: Shoreline Middle
  • High School District Text: Santa Cruz County Office of Education
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Sprinklers - Lawn, Balcony / Patio, Deck
Multi Family Information
Bedroom Information
  • No Of 2 Bed 1 Bath Units: 16
General Information
  • Unit Types in Building: 2 Bedroom Unit(s)
  • Annual Tax Amount: $26,808
  • Capitalization Rate: 6.25
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable TV, Utilities - Electric
  • Income Includes: Laundry, Parking, Lease
  • Vacancy Amount: $0
  • Vacancy Factor: 0
Unit Size Detail
  • Max Size 2Bed 1Bath: 775
  • Min Size 2Bed 1Bath: 760
Income / Expense Details
  • Expense Insurance: $6,672
  • Expense Landscape: $3,840
  • Expense Maintenance: $9,000
  • Expense Management: $9,804
  • Expense Trash: $2,916
  • Expense Water Sewer: $5,076
  • Expenses Other: $342
  • Expenses Utility: $804
  • Expenses Total: $65,262
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Services - On-Site Manager, Fee - Property Tax, Services - Sewer
  • Gross Rent Multiplier: 12.39
  • Income Annual Gross: $290,100
  • Income Annual Rental: $285,300
  • Income Gross Scheduled: $290,100
  • Income Laundry: $4,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Rent: $0
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Listing Info
Rental Info
  • Lease Type: Net

Property History for 2256 Capitola Road

DateEvent & SourcePriceAppreciation
Sep 11, 2012

Sold

MLSListings #ML81215619

$3,525,000
Sep 11, 2012

Sold

RESFAR #81215619

$3,525,000
Sep 11, 2012

Sold

EBRD #ML81215619

$3,525,000
DateEvent & SourcePrice
09/11/2012

Sold

MLSListings #ML81215619

$3,525,000
09/11/2012

Sold

RESFAR #81215619

$3,525,000
09/11/2012

Sold

EBRD #ML81215619

$3,525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2256 Capitola Road

Taxable ValueLand$1,858,514Additions$2,515,512Total$4,374,026
Tax Record2025$66,893 ($5,574 / month)
Home Facts
Total Finished SqFt3,072 SqFtAbove Grade Finished SqFt3,072 SqFtLot Size42,689 SqFtStyleMulti-Family Res (5+ Units)Year Built1934Year Renovated1964ZoningRM-2.5CountySANTA CRUZAPN029-144-52

Schools near 2256 Capitola Road

This home is within Live Oak Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alternative Family Education School
PublicK to 12

Mission Hill Middle School
Public6 to 8

Santa Cruz High School
Public9 to 12

Soquel High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Sereno Group, Andy Kay, DRE #00922383

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.