2234-2236 40th Avenue

Capitola, CA 95062

$1,790,000
Price
Beds
2,615 Sq. Ft.
$685 / Sq. Ft.
2,615
Sq. Ft.
$685
per Sq. Ft.

Description

Rare BRAND NEW Construction. Seller may carry up to $1,000,000 for two yrs. Rents projected Total of 6Br and 4.5Bths. 4+ Br/2.5bth-1815 sq ft main house and an attached but very private ,legal 2Br/1.5 BTh- 800 sq ft ADU. The layout works for multiple living arrangements and provides many options to produce income to deferr housing expenses. Live in either side and rent other side or rent both to maximize income and invest in rare newly constructed home. Both house and ADU have individual, fenced...Rare BRAND NEW Construction. Seller may carry up to $1,000,000 for two yrs. Rents projected Total of 6Br and 4.5Bths. 4+ Br/2.5bth-1815 sq ft main house and an attached but very private ,legal 2Br/1.5 BTh- 800 sq ft ADU. The layout works for multiple living arrangements and provides many options to produce income to deferr housing expenses. Live in either side and rent other side or rent both to maximize income and invest in rare newly constructed home. Both house and ADU have individual, fenced and private rear yards that extend living area and to enjoy outdoor space. The heigh ceilings thruout and sparkling new appliances etc invite this homes first owner. Downstairs is an extra room either office,family romm etc. The location on quiet residential street right in the heart of SC County- ez access to freeway for comuters,walk to Starbuck Capitola Mall, close to beaches and all other recreational activities. Must see hurry on this one.
  1. Listed by Andy Kay • DRE #00922383 • Brokerage DRE #01878277 • eXp Realty of California Inc • 831-239-9002

Property Details for 2234-2236 40th Avenue

MLS City Name
SANTA CRUZ
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
2
Cross Street
Gross Rd/41st AV

Location

Listing Courtesy of eXp Realty of California Inc, Andy Kay, DRE #00922383
Add your commute
LISTING UPDATED: 04/29/2024 03:20 AM

Property Details for 2234-2236 40th Avenue

StatusActive
MLS #ML81954032
Days on Compass77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built2023
Lot Size0.15 AC / 6,534 SF
CountySanta Cruz County

Location

Listing Courtesy of eXp Realty of California Inc, Andy Kay, DRE #00922383
Add your commute

Building Information for 2234-2236 40th Avenue

Stories2Residences2Year Built2023Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$9,769 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,769

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2234-2236 40th Avenue

Features
External Links
Room Information
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Ice Maker, Island with Sink, Oven Range - Built-In, Gas, Refrigerator
Features
  • Amenities: High Ceiling
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 2615
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Forced Air, Gas
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Gate / Door Opener
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Live Oak
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Other
  • Street Number: 2234/2236
  • Street Name: 40th
  • Street Suffix: Avenue
  • Area ID: 45
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2615
  • Structure SqFt Source: Other
  • Age: 1
Development Information
  • Zoning Detail: r-1
Location Information
  • Directions: Near intersection of Hwy 1 and 41st ave . X st Gross rd
  • Parcel Number: 03105318
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95062
  • Elementary School District: 870
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Yard Grounds: Back Yard, Balcony / Patio, Fenced
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Building Unit Total: 2
  • Capitalization Rate: 5.70
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Water
  • Gross Rent Multiplier: 17.55
  • Income Annual Gross: $102,000
  • Income Annual Rental: $102,000
  • Income Gross Scheduled: $102,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 3
  • Unit 1 Number of Bedrooms: 4
  • Unit 1 Rent: $5,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,000
Unit Type 1
  • Unit Type1 Approx SqFt: 1815

Property History for 2234-2236 40th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2234-2236 40th Avenue

This home is within Live Oak Elementary School District.
Rating
School
Type
Grades
Distance
Private - PK to 4
Rating
School
Distance
Tara Redwood School
PrivatePK to 4

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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2234-2236 40th Avenue is a multi-family home for sale in Capitola, CA 95062. This property was listed for sale on February 12, 2024 by eXp Realty of California Inc, it's currently listed at $1,790,000. This listing's school districts are Live Oak Elementary School District, Santa Cruz City High School District. Nearby schools include Tara Redwood School. 2234-2236 40th Avenue is a 0-bed, 0-bath, 2,615 sqft multi-family home built in 2023.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, 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.