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138 Marina Avenue

Aptos, CA 95003

– beds
– baths
– sqft
2,353 sqft lot
1964 build
– on site

One of a kind investment opportunity in the heart of Rio Del Mar. 136 and 138 Marina are two fourplexes, each with their own separate APN and a shared courtyard. First time on the market in 50+ years. 136 Marina consists of two ground floor studio units, and two one-bedroom units on the second floor. The rear 1-bedroom unit has full ocean views from the balcony. 138 Marina consists of a large one-bedroom ground floor unit with private laundry. On the second floor is another spacious one-bedroom unit plus a studio apartment. The fourth unit, the Penthouse, is a large one-bedroom flat with full ocean views, private laundry, and a view deck. Quite literally located mere steps away from the Esplanade at Rio Del Mar Beach, this unique property offers the best access to coastal amenities. Sandy beaches and good eats at Pixie Deli and Venus Spirits are right around the corner. Ample parking is available on Marina Ave, no permits required. This amazing property is ready for new ownership with tremendous upside potential. Very little turnover and always easy to rent. Kitchens, bathrooms, appliances, and systems have been updated as units turnover. Continue leasing all units or leave one apartment vacant for an owners suite. The possibilities are endless and the Beach still beckons.

Listed By CRMLS_CA / Aimee Thayer-Garcia / Montalvo Homes & Estates

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# ML81974334 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

1964
Year Built Source:

Assessor
Roof:

Fiberglass, Flat
Foundation:

Slab
Accessibility Features:

None
Building Area Total:

4782.00
# of Buildings:

2
Stories Total:

3

Interior

Flooring:

Laminate

Location

Directions:

Cross Street: Marina Ave and Rio Del Mar/Aptos Beach Drive
Latitude:

36.96934081
Longitude:

-121.90447995

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

C-1
Lot Features:

Zero Lot Line
Lot Size Area:

2353.0000
Lot Size Acres:

0.0540
Lot Size SqFt:

2353.00
Lot Size Source:

Other
View:

1
View:

Ocean, Water

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

12867.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

04215203000

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

None

Utilities

Water Source:

Public

Appliances

Included:

Yes

The Community

Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Carport, Covered, Unassigned
Carport Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/18/24 Oct 18, 2024	Listed / Active	CRMLS_CA	$3,295,000
10/10/24 Oct 10, 2024	Sold Subject To Contingencies	CRMLS_CA	$3,295,000
8/18/24 Aug 18, 2024	Price Changed	CRMLS_CA	$3,295,000	-5.7%

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This multifamily located in Rio del Mar, CA 95003 is currently for sale for $3,295,000. 138 Marina Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 113 days. This multifamily is in the attendance area of Aptos High School, Rio Del Mar Elementary School, and Aptos Junior High School.

Listing Courtesy of: CRMLS_CA and Montalvo Homes & Estates. Based on information from California Regional Multiple Listing Service, Inc. as of 21:18 on Nov 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.