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101 Grand Avenue

Capitola, CA 95010

(5.88%) $16,000,000

  • Multi Unit
  • Active
  • 5 Beds
  • 20,787 SqFt
  • MLS# ML81650097

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MAJOR PRICE REDUCTION: 101 Grand Ave: the most desired, premiere, ocean front, multi-family complex in all of Northern California. An unparalleled location prominently perched on the bluffs of Capitola Village with mesmerizing views of the entire Monterey Bay Marine Sanctuary. This rare offering exemplifies a quality of life only a few are fortunate to experience and a prestigious investment that can't be duplicated. Several re-positioning opportunities present themselves to the savvy investor who desires such an asset in their portfolio. This 19 unit complex, consisting of primarily two bedroom units, has recently undergone an extensive $4,500,000 improvement and stabilization securing the asset for generations to come. Located on the bluffs of the city of Capitola in the County of Santa Cruz, just 30 minutes from Carmel to the south, Silicon Valley to the east and 1 hour to San Francisco to the North. Possible to set up as Tenants In Common. More info available.

Location

Cross Street:

Bay Ave, Monterey Ave & Escalona Drive

City:

Capitola

County:

Santa Cruz

Schools

District:

Santa Cruz City Elementary

Housing Units & Financial Information

Interior Features

Exterior Features

Additional Details

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About Capitola

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Listing Agent:

Dani R Weiner

Listing Brokerage:

Montalvo Homes & Estates

Based on information from the MLSListings™ MLS as of 12/12/17. MLS Listing Information displayed on the VOW 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.

This data is up-to-date as of 12/12/17. For the most current information, contact
McGuire Client Care at 800-473-7858 or clientcare@mcguire.com.

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