Listing ID: ML81873950
Price: $2,300,000
Status: Active
Address: 5074 Wilder DR
State: California
Postal Code: 95073
SqFt: 3,150
Acres: 0.136
County: Santa Cruz
This property is the only fourplex available in Santa Cruz County as of 1/10 and it is a very special one at that. It has 3 units that are 2 bed and 1 bath, and one unit is 1/1. It has a cap rate of 3.65 and a gross annual rent of $123,600. This building was was fumigated & painstakingly renovated in 2016 with new floors throughout, forced air heat for 3 units, community washer and dryer, new kitchens, new bathrooms, fresh paint, new landscaping and more. Recent inspections incl: roof, home, pest, and sewer lateral, & it is incredibly clean. The tenants all pay on time and are the kind of tenants all landlords dream of having. Unit 2, will be vacant for showings starting this Monday. This gives the future landlords the opportunity to bring new tenants into unit 2 at a higher market rate, or possibly live in it themselves. This property is in a great location at the edge of Soquel and Capitola and is walking distance to Gail's Bakery and a short dr to dt Capitola.

Primary Features

County: Santa Cruz
Property Type: Residential Income
Year Built: 1970


Additional Listing Info: Not Applicable
Age: 52
Building Unit Total: 4
Energy Features: Low Flow Toilet
Foundation: Crawl Space
Meters: Master Water, Separate Electric, Separate Gas
Number of Buildings: 1
Original Listing ID: 81873950
Parcel Number: 030-221-17-000
Sewer Septic: Sewer - Public
Special Features: None
Structure SqFt: 3150
Structure SqFt Source: Assessor
Property Sub Type: Fourplex
Water: Public

Location Information

Area: Soquel
Area ID: 46
City Limits: no
Cross Street: Capitola Ave
State or Province 1: 5

Interior Features

Cooling: Ceiling Fan
Flooring: Hardwood, Tile
Heating: Central Forced Air - Gas, Wall Furnace
Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
Laundry: Washer / Dryer
Unit 1 Number of Bedrooms: 1
Unit 2 Approximate SqFt: 909
Unit 2 Number of Bedrooms: 2
Unit 3 Approximate SqFt: 916
Unit 3 Number of Bedrooms: 2
Unit 4 Approximate SqFt: 913
Unit 4 Number of Bedrooms: 2
Unit Type 1 Approximate SqFt: 520

External Features

Garage Parking Features: Common Parking Area, Covered Parking, On Street
Lot Description: Grade - Level
Lot Size Area Maximum Units: Square Feet
Maximum Lot Size: 5924
Minimum Lot Size: 5924
Roof: Tar and Gravel
Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Dog Run / Kennel, Fenced, Storage Shed / Structure

Financial Details

Unit 1 Rent: 2150
Unit 2 Rent: 2850
Unit 3 Rent: 2650
Unit 4 Rent: 2650

Zoning Info

Listing courtesy of Jesse Collins, David Lyng Real Estate
© 2022 MLSListings Inc. All rights reserved. Based on information from the MLSListings MLS as of Wednesday, January 19th, 2022 10:39:21 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Contact - Listing ID ML81873950

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Val Krysov

1125 Balclutha Dr #205
Foster City, CA 94404
Phone: 4153858949

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(415) 385-8949