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. It is located on the bluffs of the city of Capitola in the County of Santa Cruz.. Located 30 minutes from Carmel to the south, Silicon Valley to the east and 1 hour to San Francisco to the North.
|LAST UPDATED||5/5/2017||YEAR BUILT||1964|
|STATUS||Active||PROPERTY TYPE(S)||Commercial Multi-Residential (5+ units)|
|ADDITIONAL LISTING INFO||Not Applicable / Not Disclosed|
|GARAGEPARKINGSPACES||Assigned Spaces, Covered Parking|
|HEATING||Central Forced Air|
|LISTING CLASS||Commercial Multi-Residential (5+ units)|
|METERS||Master Electric, Master Gas, Master Water|
|NUMBER OF BUILDINGS||1|
|ROOF||Tar and Gravel|
|SECURITY FEATURES||Fire Alarm, Security Fence|
|SEWER SEPTIC||Sewer - Public|
|SPECIAL FEATURES||Elevator / Lift, Wheelchair Access|
|SUBCLASS||Five or More Units|
|VIEW||Bay, City, City Lights, Downtown, Ocean, Panoramic|
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Based on information from MLSListings MLS as of 5/25/17 10:57 AM PDT. 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.
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