Marcus and Millichap is honored to have been exclusively selected to represent the ownership of 1720 48th Ave, Capitola. Constructed in 1964, the subject property sits on a 3,920 square foot lot and offers 3,072 of net rentable square feet with a desirable unit mix of large two bedroom and one bath units. A new investor can come in and renovate the units for an easy profit. The property has been professionally managed over the years. It has a laundry room, covered carports and ample street parking. Situated in a quiet neighborhood, tenants can enjoy a short walk to the Capitola Mall, the Capitola Village or the Pleasure Point area with access to some of the most popular beaches in Santa Cruz County
Courtesy of Marcus & Millichap, Fred Rubio.
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