105 Stephen Rd Unit 1 Aptos, CA 95003
Rio del Mar NeighborhoodEstimated payment $9,319/month
About This Home
Timeless Spanish Charm in the Heart of Rio del Mar Beach. A rare opportunity to own one of the original Spanish-style fourplexes in sought-after Rio del Mar Beach. Built in 1932, this property reflects the architectural heritage of California's coastal communities while offering the stability of an exceptional investment. Situated on a single parcel moments from the sand, the fourplex features four one-bedroom, one-bath units a desirable mix that attracts tenants and strong rental demand in one of Santa Cruz's most coveted beachside neighborhoods. Units are separately metered. Recent improvements include a remodeled kitchen in Unit 1 and new paint and flooring in Unit 4. Residents enjoy an effortless coastal lifestyle steps from the beach, with Cabrillo College minutes away, Nisene Marks nearby for hiking and biking, and the shops and charm of Aptos Village close at hand. With multifamily development extremely limited and coastal properties increasingly hard to acquire, opportunities like this are rare historic architecture, a prime location, and lasting appreciation in one legacy asset. Ideal for expanding a portfolio, completing a 1031 exchange, or securing a trophy coastal asset this iconic fourplex is a true opportunity to own a piece of Santa Cruz County history.
Property Details
Home Type
- Multi-Family
Year Built
- 1932
Parking
- On-Street Parking
Home Design
- Quadruplex
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,532 Sq Ft Home
- 2-Story Property
Listing and Financial Details
Community Details
Overview
Building Details
- 2 Leased Units
- Insurance Expense $349
- Maintenance Expense $200
- Manager Expense $12,000
- Utility Expense $2,729
- Operating Expense $21,510
- Gross Income $89,299
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,233 | $130,806 | $45,741 | $85,065 |
| 2025 | $6,233 | $128,241 | $44,844 | $83,397 |
| 2023 | $5,474 | $123,261 | $43,102 | $80,159 |
| 2022 | $5,239 | $120,844 | $42,257 | $78,587 |
| 2021 | $4,909 | $118,475 | $41,429 | $77,046 |
| 2020 | $4,766 | $117,260 | $41,004 | $76,256 |
| 2019 | $4,668 | $114,961 | $40,200 | $74,761 |
| 2018 | $4,492 | $112,707 | $39,412 | $73,295 |
| 2017 | $4,392 | $110,496 | $38,639 | $71,857 |
| 2016 | $4,247 | $108,329 | $37,881 | $70,448 |
| 2015 | $3,982 | $106,702 | $37,312 | $69,390 |
| 2014 | $3,841 | $104,612 | $36,581 | $68,031 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2026 08/12/26 | Price Changed | $1,595,000 | -3.0% | $630 / Sq Ft |
| 07/28/2026 07/28/26 | Price Changed | $1,645,000 | -5.7% | $650 / Sq Ft |
| 07/21/2026 07/21/26 | For Sale | $1,745,000 | -- | $689 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document |
Source: MLSListings
MLS Number: ML82053454
APN: 042-141-22-000
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