$4,400,000
For Sale

200 Monterey Avenue

Capitola, CA 95010
3264 sqft | 0.09 acres | #ML81972761
Listing OfficeColdwell Banker Realty
Browse 105 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

A once in a lifetime fantastic opportunity for anyone looking to invest in a prime commercial location with a rich history and multiple potential uses. Its proximity to the beach, ample private parking, and diverse mix of tenant spaces makes it quite attractive. The historical connection to Major League Baseball player Harry Hooper who, is a well-known figure in town adds an extra layer of charm and intrigue. With the possibility of converting the top floor back residential space, there's flexibility for different types of buyers, whether they're interested in continuing with commercial tenants or exploring the option of vacation rentals. The ocean, beach, and village views from the top floor only enhance its appeal. Overall, extremely unique and valuable property that offers both a solid investment opportunity and a chance to be a part of Capitola's vibrant community.This property had two apartments/residential in the past and this maybe an excellent opportunity to visit that use.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.089
      • Square Feet3264
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1927
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySanta Cruz
      • School DistrictOther
  • Financial Details
      • Original List Price$4,800,000
      • Taxes Annual$46,956
  • Other
      • MLS #ML81972761

Location

Jane MongeReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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