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PRICE $17,000,000
SIZE 20,787 sq ft
LOT SIZE 27,834 sqft

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
COMMUNITY Capitola COUNTY Santa Cruz
STATUS Active PROPERTY TYPE(S) Commercial Multi-Residential (5+ units)


ADDITIONAL DETAILS
ADDITIONAL LISTING INFO Not Applicable / Not Disclosed
COOLING None
FOUNDATION Concrete Perimeter
GARAGE SPACES 3
GARAGEPARKINGSPACES Assigned Spaces, Covered Parking
HEATING Central Forced Air
LISTING CLASS Commercial Multi-Residential (5+ units)
LOT DESCRIPTION Views
METERS Master Electric, Master Gas, Master Water
NUMBER OF BUILDINGS 1
PARKING SPACES 0
POOL In Ground
RESTRICTIONS None
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
UTILITIES Public Utilities
VIEW Bay, City, City Lights, Downtown, Ocean, Panoramic
WATER Public
YEAR BUILT 1964
ZONING TEXT R1
Listing provided by Dani R Weiner, Montalvo Homes & Estates

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

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.

Copyright 2017 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2017.


ZESTIMATE
  101 Grand AVE, CAPITOLA, CA

RENT ZESTIMATE
  101 Grand AVE, CAPITOLA, CA

81 Very Walkable

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Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


Selling homes in
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