NOT LISTED FOR SALE

283 Rio Del Mar Blvd Unit A Aptos, CA 95003

Rio del Mar Neighborhood
-- Bed
-- Bath
3,524 Sq Ft
3,920 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $1,380,000 $392 Per Sq Ft

13 Days on Market

About This Home

As of May 2015

Reduced! Top of the World Rio del Mar multifamily can afford you a full ocean view getaway with income. The top 2units have expansive ocean views of the bay and white water. Excellent rental history and well maintained, progressively updated w/ kitchens and electrical, parking for each unit. Walk to the beach and restaurants in Rio del Mar. Property includes rented bonus 5th room/studio.

Last Agent to Sell the Property

william gloege

David Lyng Real Estate License #01346207 Listed on: 04/14/2015

David Lyng Real Estate

Co-Listed By

James Rivoir

David Lyng Real Estate License #01274267

Last Buyer's Agent

Linda Conlan

Coldwell Banker/American Home Realty License #01064240

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Lot Details

  • 3,920

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,524 Sq Ft Home
  • 4-Story Property

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Additional Features

  • 3,920 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $82,265

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,888
  • Maintenance Expense $2,091
  • Utility Expense $1,900
  • Trash Expense $1,894
  • Operating Expense $23,746
  • Gross Income $83,160

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3524
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Living Sq Ft: 3524
  • Stories: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch
  • View: Bay, City Lights, Ocean

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Off-Street Parking

Utilities

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

Lot Info

  • Lot Acres: 0.0900
  • 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): Less Than 1 Yr
  • Gross Rent Multiplier: 16.82
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1888
  • Expense Maintenance: 2091
  • Expenses Total: 23746
  • Expenses Utility: 1900
  • Expense Trash: 1894
  • Income Annual Gross: 83160.00
  • Income Annual Rental: 82265
  • Income Gross Scheduled: 83160
  • Income Other: 895
  • Meters: Separate Electric, Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric
  • Tenant Expenses: Miscellaneous/Other

Range of Values:

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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
05/29/2015 05/29/15 Sold $1,380,000 -1.4% $392 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $1,399,000 -- $397 / 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: ML81459814

MLSListings