NOT LISTED FOR SALE

121 Lloyd Ct Aptos, CA 95003

4 Beds
4 Baths
2,920 Sq Ft
9,060 Sq Ft Lot

Last Sold November 09, 2020

Last sale price $1,400,000 $479 Per Sq Ft

1 Day on Market

Highlights

  • 0.21 Acre Lot
  • Wood Flooring
  • Heating Available
  • Aptos High School Rated A-
  • High Ceiling

About This Home

As of November 2020

Well maintained and very clean 4 unit property in highly desirable Aptos/Seacliff rental market! The units have identical interior square footage living space and are approximately 1000 sq ft each. Downstairs features an open beam living room, kitchen, and small dining area along with a private/fenced patio area outside. Upstairs is the 1 bedroom and full bathroom w/tub. Each unit only shares 1 wall, with laundry on site, two parking spaces per unit, and walking distances to Seacliff and Aptos restaurants, bars, shopping, and Seacliff State Beach! Double pane windows and new sliding doors in all 4 units!!! 3 out of the 4 units have newer flooring and additional upgrades. These are really nice 1 bedrooms rentals!!!

Last Agent to Sell the Property

Scott Webber

Christie's International Real Estate Sereno License #01925612 Listed on: 10/14/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

NEAL LANGHOLZ

Karon Properties License #00933904

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 9,060

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,920 Sq Ft Home
  • High Ceiling
  • Electric Cooktop

Flooring

  • Wood
  • Laminate

Additional Features

  • 9,060 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $96,000

Community Details

Overview

  • 2,920 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $2,000
  • Insurance Expense $1,500
  • Maintenance Expense $3,000
  • Utility Expense $1,500
  • Trash Expense $1,200
  • Operating Expense $27,200
  • Gross Income $97,000

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: RM-2.5
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Cooktop - Electric, Refrigerator
  • Living Sq Ft: 2920
  • Flooring: Hardwood, Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Acres: 0.2080
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9060.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9060.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.46
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 2000
  • Expense Maintenance: 3000
  • Expenses Total: 27200
  • Expenses Utility: 1500
  • Expense Trash: 1200
  • Income Annual Gross: 97000.00
  • Income Annual Rental: 96000
  • Income Gross Scheduled: 97000
  • Income Includes: Laundry
  • Income Other: 1000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Laundry, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $1,400,000 -6.7% $479 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $1,500,000 -- $514 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81815552

MLSListings

APN: 038-241-06-000