REDUCED
  • MLS® #: ML81650097
  • 101 Grand Ave
  • CAPITOLA, CA 95010
  • $16,000,000
  • 20787 SQ. Feet, 0.64 Acres
  • Multi-Residential
  • Agent: Dani R Weiner
  • Office: 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.

Essential Information

  • MLS® #ML81650097
  • Price$16,000,000
  • Square Footage20,787
  • Acres0.64
  • Year Built1964
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address101 Grand Ave
  • AreaCapitola
  • CityCAPITOLA
  • CountySanta Cruz
  • StateCA
  • Zip Code95010

Amenities

  • UtilitiesPublic Utilities

View

Bay View, City, Ocean View, Panoramic, City Lights, Downtown

Interior

  • HeatingCentral Forced Air Heat
  • CoolingNo Cooling

Exterior

  • Lot DescriptionViews
  • RoofTar and Gravel Roof
  • FoundationConcrete Perimeter

Additional Information

  • ZoningR1
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