369 Sea Ridge Rd

Aptos, CA 95003

$2,325,000
Last Sold Price
—
Beds
—
Baths
4,805 Sq. Ft.
$484 / Sq. Ft.
4,805
Sq. Ft.
$484
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 12/26/23
Sold 12/26/23
a view of a car park in front of house
an aerial view of multiple house
an aerial view of lake and trees
an aerial view of beach and ocean
a view of outdoor space and deck
a view of outdoor space and yard
a view of balcony and yard
a living room with furniture a flat screen tv and a fireplace
a living room with furniture and a large window
a kitchen with stainless steel appliances granite countertop a refrigerator stove and sink
a living room with furniture fireplace and a large window
a view of a balcony with furniture
a view of a balcony with wooden floor and outdoor seating
a bedroom with a bed and a window
a bedroom with a large bed and a large window
a bathroom with a sink a toilet and shower
a sign broad on a wall
a view of a lake from a balcony
an aerial view of beach and ocean

Description

Welcome to Seacliff! Rare 5-PLEX OPPORTUNITY in a fantastic location! Walkable to Seacliff Beach, numerous local restaurants, shops and the new Aptos Library. Aptos Village, Seascape Golf Course and Resort are just minutes away. Units are mirror images of each other. They are 2 bedroom, 2 baths with laundry room and fireplace in each unit. 2nd bedroom in each unit is equipped with a Murphy Bed. Top 2 units have beautiful, wide ocean views. Carports for 5 cars with tandem parking behind. Units could...Welcome to Seacliff! Rare 5-PLEX OPPORTUNITY in a fantastic location! Walkable to Seacliff Beach, numerous local restaurants, shops and the new Aptos Library. Aptos Village, Seascape Golf Course and Resort are just minutes away. Units are mirror images of each other. They are 2 bedroom, 2 baths with laundry room and fireplace in each unit. 2nd bedroom in each unit is equipped with a Murphy Bed. Top 2 units have beautiful, wide ocean views. Carports for 5 cars with tandem parking behind. Units could continue to be rented or remodeled/upgraded to maximize rents and cap rate projections. Current renters have been long term and because of that rents are low for the area. They would ideally like the opportunity to stay but that will ultimately be up to the new owner. Currently each tenant is month to month. This is a great investment opportunity!
  1. Listed by Patricia Leggett • DRE #01390223 • Brokerage DRE #00793982 • David Lyng Real Estate • 831-588-3877

Property Details for 369 Sea Ridge Road

MLS City Name
APTOS
Building Type
Other
Garage Spaces
0
Parking Spaces
7
View
Ocean
LISTING UPDATED: 12/27/2023 12:03 PM

Property Details for 369 Sea Ridge Road

StatusSold
MLS #ML81948360
Days on Compass18
Taxes$4,962 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1972
Lot Size0.18 AC / 7,710 SF
CountySanta Cruz County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of David Lyng Real Estate, Patricia Leggett, DRE #01390223

Sold By David Lyng Real Estate, Troy Hinds, DRE #01803325

Add your commute

Building Information for 369 Sea Ridge Road

Stories-Residences-Year Built1972Building Size-Lot Size0.18 AC / 7,710 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$12,121 per month

30 year fixed, 6.46% Interest

Principal and Interest

$11,708

Property Taxes

$414

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 369 Sea Ridge Road

Features
External Links
Room Information
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
Features
  • Amenities: Wet Bar
  • Communications: Cable TV
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 4805
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Forced Air
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 5
Garage
  • Garage and Parking: Carport, Off-Street Parking, On Street, Tandem Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Seacliff
  • Restrictions: Age - No Restrictions
  • Roof: Composition
  • Subclass: Five or More Units
  • TIC Agreement: No
  • Year Built Source: Assessor
  • Street Number: 369
  • Street Name: Sea Ridge
  • Street Suffix: Road
  • Area ID: 47
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 4805
  • Structure SqFt Source: Assessor
  • Age: 51
Development Information
  • Zoning Detail: RM-2.5
Location Information
  • City Limits: No
  • Directions: Hwy 1 to State Park exit (Seacliff). Exit towards the ocean. Turn right on Searidge Rd.
  • Incorporated: Yes
  • Parcel Number: 038-242-15-000
  • County Name: Santa Cruz
  • City Name: APTOS
  • City Postal ID: 1
  • Postal Code: 95003
  • Elementary School District: 800
  • High School District Text: Pajaro Valley Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .18
  • Lot Description: Grade - Mostly Level, Views
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $4,962
  • Capitalization Rate: 4.23
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $6,414
  • Expense Landscape: $2,100
  • Expense Maintenance: $4,109
  • Expense Management: $10,490
  • Expense Trash: $2,357
  • Expenses Other: $2,600
  • Expenses Utility: $5,152
  • Expenses Total: $38,184
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 17.38
  • Income Annual Gross: $143,844
  • Income Annual Rental: $143,844
  • Income Gross Scheduled: $143,844
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,977
Unit Type 1
  • Unit Type1 Approx SqFt: 961

Property History for 369 Sea Ridge Road

DateEvent & SourcePriceAppreciation
Dec 26, 2023

Sold

MLSListings #ML81948360

$2,325,000—
Dec 26, 2023

Sold

EBRD #ML81948360

$2,325,000—
Dec 8, 2023

Pending

MLSListings #ML81948360

—
Dec 8, 2023

Pending

EBRD #ML81948360

—
Nov 20, 2023

Listed (Active)

MLSListings #ML81948360

$2,500,000—
Nov 20, 2023

Listed (Active)

EBRD #ML81948360

$2,500,000—
DateEvent & SourcePrice
12/26/2023

Sold

MLSListings #ML81948360

$2,325,000
12/26/2023

Sold

EBRD #ML81948360

$2,325,000
12/08/2023

Pending

MLSListings #ML81948360

—
12/08/2023

Pending

EBRD #ML81948360

—
11/20/2023

Listed (Active)

MLSListings #ML81948360

$2,500,000
11/20/2023

Listed (Active)

EBRD #ML81948360

$2,500,000

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

Schools near 369 Sea Ridge Road

This home is within Pajaro Valley Unified School District.
Rating
School
Type
Grades
Distance
Mar Vista Elementary School
Public - K to 6
Aptos Junior High School
Public - 7 to 8
Aptos High School
Public - 9 to 12
Renaissance High Continuation School
Public - 9 to 12
Rating
School
Distance
Mar Vista Elementary School
PublicK to 6

Aptos Junior High School
Public7 to 8

Aptos High School
Public9 to 12

Renaissance High Continuation 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Lyng Real Estate, Patricia Leggett, DRE #01390223

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.