1830 48th Ave

Capitola, CA 95010

$1,990,000
Last Sold Price
—
Beds
—
Baths
3,109 Sq. Ft.
$640 / Sq. Ft.
3,109
Sq. Ft.
$640
per Sq. Ft.
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Sold 12/2/21
Sold 12/2/21
a view of house with outdoor space
a wooden bench sitting in front of a building
a view of entryway with a front door
a living room with furniture and wooden floor
a living room with furniture and a large window
a living room with furniture and a flat screen tv
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator and a stove top oven
a view of a workspace with furniture and a potted plant
a kitchen with a refrigerator and a stove top oven
a kitchen with stainless steel appliances a white cabinets and a stove top oven
a room with furniture and wooden floor
a bedroom with a bed and a flat screen tv
a bedroom with a bed and wooden floor
a bedroom with a bed and a computer on a desk next to a large window
a bedroom with a bed and wooden floor
a bathroom with a sink a toilet and shower
a view of a backyard with a patio
a view of a patio with table and chairs and potted plants
a view of an empty room
a kitchen with a refrigerator sink and cabinets
a view of an empty room with a window
an empty room with a window
an empty room with a window
a bathroom with a toilet and a shower
an empty room with windows
an empty room with windows
a storage room with a window
a kitchen with a sink a stove and refrigerator
an empty room with a window
a bathroom with a shower a toilet and a sink
an empty room with a window
unknown

Description

Four units in a convenient Capitola location, where you can walk or bike to Capitola Village, Beach, Groceries, Restaurants, Shops and Theater. All units 2 Bedroom and 1 Bath with good rental history and currently occupied. Has a quiet back yard area with patio, barbecues, and outdoor seating. A coin operated laundry with income. Off street and carport parking, 2 cars per unit tandem with storage lockers above. Upside on rents. This is a great Capitola investment property.Four units in a convenient Capitola location, where you can walk or bike to Capitola Village, Beach, Groceries, Restaurants, Shops and Theater. All units 2 Bedroom and 1 Bath with good rental history and currently occupied. Has a quiet back yard area with patio, barbecues, and outdoor seating. A coin operated laundry with income. Off street and carport parking, 2 cars per unit tandem with storage lockers above. Upside on rents. This is a great Capitola investment property.

Listing Agents

  1. Roger Berke

    Roger Berke

    Alternative Listing Agent

    Compass

    DRE #00812949

    roger.berke@compass.com

    P: (831)-818-3606

    CallTextEmail
  2. Listed by Scott Joly • DRE #01962614 • Brokerage DRE #01346658 • Thunderbird Real Estate • 831-854-7509

Property Details for 1830 48th Avenue

MLS City Name
CAPITOLA
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
4
Cross Street
Grace
LISTING UPDATED: 02/23/2024 03:57 PM

Property Details for 1830 48th Avenue

StatusSold
MLS #ML81867822
Days on Compass10
Taxes$11,285 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1964
Lot Size0.09 AC / 3,920 SF
CountySanta Cruz County
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Location

Listing Courtesy of Thunderbird Real Estate, Roger Berke, DRE #00812949; Thunderbird Real Estate, Scott Joly, DRE #01962614

Sold By David Lyng Real Estate, Holly Ma, DRE #01259297; David Lyng Real Estate, Susan Roesch, DRE #01358845

Add your commute

Building Information for 1830 48th Avenue

Stories2Residences4Year Built1964Building Size-Lot Size0.09 AC / 3,920 SF

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$10,598 per month

30 year fixed, 6.11% Interest

Principal and Interest

$9,658

Property Taxes

$940

HOA Dues

$0

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Property Information for 1830 48th Avenue

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
Features
  • Energy Features: Double Pane Windows
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 3109
  • Pool: No
  • Security Features: Security Lights
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport, Covered Parking, Off-Street Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: Capitola
  • Roof: Flat / Low Pitch
  • Stories: 2.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1830
  • Street Name: 48th
  • Street Suffix: Avenue
  • Area ID: 44
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3109
  • Structure SqFt Source: Assessor
  • Age: 57
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R-1
Location Information
  • City Limits: Yes
  • Directions: From Capitola Rd, Turn left on 48th. Property on the right. Park on street
  • Incorporated: Yes
  • Parcel Number: 034-023-30-000
  • County Name: Santa Cruz
  • City Name: CAPITOLA
  • City Postal ID: 8
  • Postal Code: 95010
  • Elementary School District: 870
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Perimeter, Post and Pier
  • Horse Property: No
  • Lot Acres: .09
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, BBQ Area, Courtyard, Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $11,285
  • Building Unit Total: 4
  • Capitalization Rate: 4.02
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Coin Operated Equip
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,548
  • Expense Landscape: $1,020
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $1,116
  • Expenses Other: $600
  • Expenses Utility: $4,018
  • Expenses Total: $22,587
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 19.33
  • Income Annual Gross: $100,900
  • Income Annual Rental: $100,100
  • Income Gross Scheduled: $100,900
  • Income Other: $800
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,105
Unit 2 Information
  • Unit 2 Approx Square Footage: 775
  • Unit 2 Full Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,000
Unit 3 Information
  • Unit 3 Approx Square Footage: 775
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,100
Unit 4 Information
  • Unit 4 Approx Square Footage: 775
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,110
Unit Type 1
  • Unit Type1 Approx SqFt: 775
Listing Info
Rental Info
  • Lease Type: Net

Property History for 1830 48th Avenue

DateEvent & SourcePriceAppreciation
Dec 2, 2021

Sold

RESFAR #81867822

$1,990,000—
Dec 2, 2021

Sold

MLSListings #ML81867822

$1,990,000—
Dec 2, 2021

Sold

EBRD #ML81867822

$1,990,000—
Nov 1, 2021

Pending

MLSListings #ML81867822

—
Nov 1, 2021

Contingent - Show

MLSListings #ML81867822

—
Nov 1, 2021

Pending

EBRD #ML81867822

—
Nov 1, 2021

Pending

RESFAR #81867822

—
Oct 22, 2021

Listed (Active)

EBRD #ML81867822

$1,950,000—
Oct 22, 2021

Listed (Active)

RESFAR #81867822

$1,950,000—
Oct 22, 2021

Listed (Active)

MLSListings #ML81867822

$1,950,000—
DateEvent & SourcePrice
12/02/2021

Sold

RESFAR #81867822

$1,990,000
12/02/2021

Sold

MLSListings #ML81867822

$1,990,000
12/02/2021

Sold

EBRD #ML81867822

$1,990,000
11/01/2021

Pending

MLSListings #ML81867822

—
11/01/2021

Contingent - Show

MLSListings #ML81867822

—
11/01/2021

Pending

EBRD #ML81867822

—
11/01/2021

Pending

RESFAR #81867822

—
10/22/2021

Listed (Active)

EBRD #ML81867822

$1,950,000
10/22/2021

Listed (Active)

RESFAR #81867822

$1,950,000
10/22/2021

Listed (Active)

MLSListings #ML81867822

$1,950,000

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

Schools near 1830 48th Avenue

This home is within Soquel Union Elementary School District.
Rating
School
Type
Grades
Distance
Soquel Elementary School
Public - K to 5
Mission Hill Middle School
Public - 6 to 8
New Brighton Middle School
Public - 6 to 8
Harbor High School
Public - 9 to 12
Rating
School
Distance
Soquel Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

New Brighton Middle School
Public6 to 8

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 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 Thunderbird Real Estate, Roger Berke, DRE #00812949; Thunderbird Real Estate, Scott Joly, DRE #01962614

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.