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Landmark Multifamily Estate with Studio
For Lease
$5,999,999 SF/Yr

5601 Freedom BLVD, Aptos, CA 95003

A fully tenant-occupied multifamily estate with 12 units and an 8-bay commercial/art studio on a distinctive 30+ acre property.

Property Size6,577 SF
Lot Size30.00 Acres
Days on Market54

Property Features for 5601 Freedom BLVD

General Information

Standard status Active
Size 6,577 SF
Lot size 30.00 Acres
Property subtype Commercial
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 12

Building Details

Year Built 1959
Tenancy Multi
Listing Agency: Bailey Properties
Listed By: Nicole Myhrstad
Source: Santacruz
Added: Jun 9 Changed: Jul 10 Last Checked: Jul 31 at 7:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bailey Properties

Investment Insights

Based on property information with market context.

Set on a 30+ acre estate, this distinctive income property is highlighted by a large public bamboo grove, redwoods, hiking paths, sunny clearings, and a koi pond with a self-sustaining waterfall. The offering includes 12 rental units, made up of two homes with 2 units each, providing a total bed/bath count of 9/7. Also on-site is a commercial/art studio building with 8 creative bays, totaling 2,693 square feet, which supports a flexible work-and-creative configuration.

The property is listed for rent and is currently home to fully tenant-occupied units. It is also described as a venue for weddings, fairs, and tours, reflecting the estate’s event-ready setting.

For tenants or operators seeking an income-generating residential setup plus dedicated creative studio space, this compound-style configuration provides a mix of housing units and an on-site studio building within the same grounds. The property’s long-running character and current occupancy may appeal to buyers and operators looking to manage multiple units and a creative-oriented space under one ownership structure, with any development concepts requiring buyer verification.

Key Highlights

  • 30+ acre estate with a large public bamboo grove in the U.S., plus redwoods, hiking paths, sunny clearings, and a koi pond with self‑sustaining waterfall
  • 12 fully tenant‑occupied rental units generating steady monthly rent roll, with 9 bedrooms / 7 bathrooms total
  • Two home structures with 2 units each (1,904 SF and 4,673 SF), plus 6,577 SF total residential area

Property Analytics

Current Use

easy bamboo fence Garden Center Bamboo 4 Sale Big Box & Wholesale Store EcoShine Green Cleaning Hardware & Home Improvement Bamboo Giant Nursery ... Landscaping writers best publishing Publishing House

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
$899,999.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 95003, CA

24,706
Population
11,728
Households
2.1
Avg Household Size
50
Median Age
54%
College-Educated
96%
High-School Grad
32.4 sq mi
ZIP Area
763
Density / Sq Mi
$140,990
Median Household Income
$63,609
Median Earnings
$2,548
Median Rent
$1,154,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - A fully tenant-occupied multifamily estate with 12 units and an 8-bay commercial/art studio on a distinctive 30+ acre property.
Where is this apartment building located?
The property is located at 5601 Freedom BLVD Aptos, CA.
What is the lease rate?
The lease rate is $5,999,999.
What are key features of this property?
This property features: 30+ acre estate with a large public bamboo grove in the U.S., plus redwoods, hiking paths, sunny clearings, and a koi pond with self‑sustaining waterfall; 12 fully tenant‑occupied rental units generating steady monthly rent roll, with 9 bedrooms / 7 bathrooms total; Two home structures with 2 units each (1,904 SF and 4,673 SF), plus 6,577 SF total residential area
More about this property
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