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101 GRAND AVENUE, CAPITOLA, 95010

$16,000,000

  • 20,787 sqft
  • Commercial /Five or More Units
101 GRAND AVENUE, Capitola, CA for sale.
101 GRAND AVENUE, Capitola, CA for sale.
                                  101 GRAND AVENUE, Capitola, CA for sale.
                                  101 GRAND AVENUE, Capitola, CA for sale.
                                  101 GRAND AVENUE, Capitola, CA for sale.
                                  101 GRAND AVENUE, Capitola, CA for sale.
                                  101 GRAND AVENUE, Capitola, CA for sale.
                                  101 GRAND AVENUE, Capitola, CA for sale.
Courtesy of Montalvo Homes & Estates
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.
Last updated on 12/15/2017
Courtesy of Montalvo Homes & Estates

More Details for 101 GRAND AVENUE

Property Class: Commercial Multi-Residential
Listing Status: Active
City: Capitola
State: CA
Zip: 95010
Area: 44 - Capitola
County: Santa Cruz
Class: Commercial
Property Subtype: Five or More Units
Approx Lot Size: 0.639
REO/Bank Owned:No
Pool:Yes
Property Sub Type Descr: Five or More Units
Garage:Yes
Living Area (SqFt): 20,787 sqft
Lot Size Area Sq Feet: 27835.00
Lot Size Area Acres: 0.63900
Property Tax: $37,128
REO/ Bank Owned: No
REO:N/A
Short Sale:N/A
Listing#: 81650097
Year Built: 1964
List Date: 5/4/2017

Features for 101 GRAND AVENUE

Cooling: None
Lot Desc: Views
Utilities Sewer: Sewer - Public
Disability Features: Elevator / Lift, Wheelchair Access
Heating: Central Forced Air
Utilities Water: Public
Foundation: Concrete Perimeter
Roof: Tar and Gravel
View Description: Bay, City, City Lights, Downtown, Ocean, Panoramic

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