$2,250,000
PENDING

3460 Maplethorpe Ln Soquel, CA 95073

Soquel Neighborhood

Estimated payment $14,785/month

Total Views 474
8 Beds
4 Baths
3,655 Sq Ft
$616 Price per Sq Ft

Highlights

  • Ocean View
  • 1.56 Acre Lot
  • Cottage
  • Main Street Elementary School Rated A-
  • Secluded Lot
  • Den

About This Home

Fabulous opportunity for 5 units on 1.56 Acres on upper Maplethorpe in Soquel. 2 Bedroom original single family house plus 2 duplexes. Large open meadow area. Room to garden and even some Ocean Views. Rents are significantly under market on 3 units. All are month to month. 4 duplex units are each 2br and 1 bath with yards, enclosed patios, laundry hookups and garden areas. 1 unit has a 2 car garage. Single family house has 2 car garage, Shop, storage, multiple patios and yards and backs up to open oak area.

Listing Agent

Roger Berke

Compass License #00812949 Listed on: 01/29/2025

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • 1.56 Acre Lot
  • Secluded Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Property Views

  • Ocean
  • Valley

Home Design

  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,655 Sq Ft Home
  • 1-Story Property
  • Den

Kitchen

  • Gas Oven
  • Tile Countertops
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Shed
  • Horses Potentially Allowed on Property

Listing and Financial Details

Community Details

Overview

  • 3,655 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $5,148
  • Insurance Expense $3,528
  • Maintenance Expense $5,184
  • Utility Expense $4,400
  • Trash Expense $3,132
  • Operating Expense $44,240
  • Gross Income $138,840

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-1-10
  • Subclass: Multiple Dwellings / Structures
  • Style: Cottage, Ranch
  • Age: 73
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3655
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Tile, Exhaust Fan, Oven Range - Gas
  • Living Sq Ft: 3655
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile
  • Additional Rooms: Laundry Room, Office Area, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Composition, Rolled Composition, Shingle
  • View: Ocean, Valley
  • Yard/Grounds: Back Yard, Storage Shed / Structure
  • Horse Property: Possible
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Parking Features: Covered Parking, Detached Garage, Parking Area
  • Carport Min: 2

Utilities

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

Schools

  • School District: Santa Cruz City High

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down, Private / Secluded, Views
  • Lot Acres: 1.5590
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 67910.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 67910.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.21
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3528
  • Expense Landscape: 5148
  • Expense Maintenance: 5184
  • Expenses Total: 44240
  • Expenses Utility: 4400
  • Expense Trash: 3132
  • Income Annual Gross: 138840.00
  • Income Annual Rental: 138840
  • Income Gross Scheduled: 138840
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 5
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

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 Change Sq Ft Price
05/15/2025 05/15/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $2,250,000 -- $616 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82005777

MLSListings