NOT LISTED FOR SALE

1710 46th Ave Capitola, CA 95010

Estimated Value: $1,750,000 - $2,349,000

8 Beds
4 Baths
2,893 Sq Ft
$669/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $1,790,000 $619 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,134/month

11 Days on Market

About This Home

As of December 2022

Wonderful 4-Plex in Capitola By The Sea. Great multi-family investment opportunity in a prime location a short distance to shops, restaurants, commute routes and the beach! High demand units with 2 bedroom 1 bath and upside potential. Carport parking with storage for each unit and coin-op laundry. Walk to 41st Avenue, Capitola Village, and Pleasure Point with access to some of the best beaches in Santa Cruz County. Fantastic location to enjoy all the shopping, restaurants, and everything Capitola has to offer.

Last Agent to Sell the Property

Anderson Christie

Anderson Christie, Inc. License #01894395 Listed on: 11/11/2022

Co-Listed By

David Anderson

Anderson Christie, Inc. License #01819137

Last Buyer's Agent

Caren Spencer

Monterey Bay Properties License #00879602

Monterey Bay Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 3,703

Parking

  • 3 Carport Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,893 Sq Ft Home
  • 2-Story Property

Additional Features

  • 3,703 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $120,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $1,280
  • Maintenance Expense $1,100
  • Utility Expense $4,021
  • Trash Expense $2,491
  • Operating Expense $26,742
  • Gross Income $121,437

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: Multi-Family Residential
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2893
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 2893
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Parking Features: Parking Area
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3703.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3703.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 14.74
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1280
  • Expense Maintenance: 1100
  • Expenses Total: 26742
  • Expenses Utility: 4021
  • Expense Trash: 2491
  • Income Annual Gross: 121437.00
  • Income Annual Rental: 120000
  • Income Gross Scheduled: 121437
  • Income Includes: Laundry
  • Income Other: 1437
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 5, 2022
Sold by
Julie A Francis Trust
Bought by
Oliver Family Trust
Seller's Agent
Anderson Christie
Anderson Christie, Inc.
Buyer's Agent
Caren Spencer
Monterey Bay Properties
List Price
$1,790,000
Sold Price
$1,790,000
Views
20
Current Estimated Value
$1,936,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,241
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Oct 9, 2006
Sold by
Francis Julie A
Bought by
Francis Julie A and The Julie A Francis Trust

Purchase Details

Closed on
Mar 23, 2006
Sold by
Lohnberg Peter G and Francis Julie A
Bought by
Francis Julie A

Purchase Details

Closed on
Mar 9, 2001
Sold by
Avadon David
Bought by
Lohnberg Peter G and Francis Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,015
Interest Rate
7.11%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Carrillo Carol
Bought by
Carrillo Carol and The Carol Carrillo Living Trus

Purchase Details

Closed on
Sep 13, 1989
Sold by
Avadon David
Bought by
Hutchins Joseph and Hutchins Sid
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oliver Family Trust $1,790,000 Stewart Title
Francis Julie A -- None Available
Francis Julie A -- Accommodation
Lohnberg Peter G $749,500 Santa Cruz Title Company
Carrillo Carol -- --
Hutchins Joseph -- Santa Cruz Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lohnberg Peter G $394,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $1,790,000 0.0% $619 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $1,790,000 -- $619 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $23,867 $1,862,316 $1,248,480 $613,836
2023 $15,604 $1,085,537 $753,140 $332,397
2022 $15,322 $1,064,251 $738,372 $325,879
2021 $14,883 $1,043,383 $723,894 $319,489
2020 $14,664 $1,032,685 $716,472 $316,213
2019 $14,317 $1,012,436 $702,423 $310,013
2018 $14,021 $992,584 $688,650 $303,934
2017 $13,792 $973,123 $675,147 $297,976
2016 $12,837 $935,397 $558,887 $376,510
2015 $11,985 $882,450 $527,251 $355,199
2014 $10,957 $921,304 $639,196 $282,108
Source: Public Records

Agents Affiliated with this Home

  • Anderson Christie

    Seller's Agent in 2022

    Anderson Christie

    Anderson Christie, Inc.

    (831) 400-1777

    7 in this area

    136 Total Sales

    Anderson Christie
    Section Image
  • David Anderson

    Seller Co-Listing Agent in 2022

    David Anderson

    Anderson Christie, Inc.

    (831) 345-1600

    6 in this area

    114 Total Sales

    David Anderson
    Section Image

  • C

    Buyer's Agent in 2022

    Caren Spencer

    Monterey Bay Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81912330

MLSListings

APN: 034-021-22-000

California Santa Cruz County Capitola 95010

1710 46th Ave, Capitola, CA

Not Listed for Sale

MultiFamily

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