3045 Capitola Rd

Beds
Baths
44,270 Sq. Ft.
$235 / Sq. Ft.
44,270
Sq. Ft.
$235
per Sq. Ft.

Description

50 Unit Property Previously know as Corinthian Apts. For Comps Purposes Only. Limited 2011 financial info provided by seller.50 Unit Property Previously know as Corinthian Apts. For Comps Purposes Only. Limited 2011 financial info provided by seller.
  1. Listed by Andy Kay • DRE #00922383 • Brokerage DRE #02101181 • Sereno Group • (831) 515-1124

Property Details for 3045 Capitola Road

MLS City Name
Capitola
Building Type
Other
Garage Spaces
0
View
Local/Neighborhood
Cross Street
30th
LISTING CLOSED: 09/26/2012 12:00 AM

Property Details for 3045 Capitola Road

StatusSold
MLS #ML81235291
Days on Compass1
Taxes$83,546 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1977
Lot Size2.75 AC / 119,790 SF
CountySanta Cruz County

Location

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

Sold By Sereno Group, Andy Kay, DRE #00922383

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Building Information for 3045 Capitola Road

Stories2Residences-Year Built1977Building Size-Lot Size2.75 AC / 119,790 SF

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$59,824 per month

30 year fixed, 6.55% Interest

Principal and Interest

$52,862

Property Taxes

$6,962

HOA Dues

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Property Information for 3045 Capitola Road

Features
Room Information
  • Kitchen: Dishwasher, Varies by Unit, Microwave, Oven Range, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Living SqFt: 44270
  • 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, Carport, Spaces per Unit - 1
Property Details
Homeowners Association
  • HOA Amenities: None
  • HOA Fee: $0
Property Details
  • Max Num Of Units in Complex: 50
  • Min Num Of Units in Complex: 27
  • Area Text: Capitola
  • Roof: Composition
  • Stories: 2.0
  • Subclass: Five or More Units
  • Street Number: 3045
  • Street Name: CAPITOLA
  • Street Suffix: Road
  • Area ID: 44
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 11
  • Structure SqFt: 44270
  • Structure SqFt Source: Seller
  • Age: 35
Development Information
  • Zoning Detail: RM3
Location Information
  • City Limits: No
  • Incorporated: No
  • Map Book: Thomas Bros
  • Parcel Number: 034-271-001
  • County Name: Santa Cruz
  • City Name: Capitola
  • City Postal ID: 8
  • Postal Code: 95010
  • Elementary School District: 880
  • High School District Text: Santa Cruz City Elementary
Lot Information
  • Lot Description: Flag Lot
  • Lot Location: Corner
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Seller
  • Yard Grounds: Deck
Multi Family Information
Bedroom Information
  • No Of 2 Bed 1 Plus Bath Units: 50
General Information
  • Unit Types in Building: 2 Bedroom Unit(s)
  • Annual Tax Amount: $83,546
  • Capitalization Rate: 4.89
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Cable TV, Utilities - Electric
  • Income Includes: Laundry, Lease
  • Vacancy Amount: $0
  • Vacancy Factor: 0
Unit Size Detail
  • Max Size 2Bed 1PlusBathUnits: 830
  • Min Size 2Bed1PlusBathUnits: 830
Income / Expense Details
  • Expense Insurance: $64,465
  • Expense Landscape: $3,820
  • Expense Maintenance: $57,921
  • Expense Management: $17,100
  • Expense Trash: $21,690
  • Expense Water Sewer: $22,261
  • Expenses Other: $0
  • Expenses Utility: $15,409
  • Expenses Total: $286,212
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Accounting/Legal, Maintenance - Repair, Services - On-Site Manager, Fee - Property Tax, Services - Sewer, Telephone
  • Gross Rent Multiplier: 13.09
  • Income Annual Gross: $794,532
  • Income Annual Rental: $780,839
  • Income Gross Scheduled: $794,532
  • Income Laundry: $11,173
  • Income Other: $2,520
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 3045 Capitola Road

DateEvent & SourcePriceAppreciation
Sep 26, 2012

Sold

MLSListings #ML81235291

$10,400,000
Sep 26, 2012

Sold

EBRD #ML81235291

$10,400,000
Sep 26, 2012

Sold

RESFAR #81235291

$10,400,000
DateEvent & SourcePrice
09/26/2012

Sold

MLSListings #ML81235291

$10,400,000
09/26/2012

Sold

EBRD #ML81235291

$10,400,000
09/26/2012

Sold

RESFAR #81235291

$10,400,000

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

Schools near 3045 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

Harbor 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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.