Two-Home Duplex
For Sale
$1,337,000
1550-1552 Day Valley Road, Aptos, CA 95003
Single-level primary residence with permitted accessory dwelling unit and individual electric and gas meters.
Property Size2,448 SF
Lot Size0.50 Acres
Price / SF$546.16
Days on Market118
Property Features for 1550-1552 Day Valley Road
General Information
Standard status
Active
Size
2,448 SF
Lot size
0.50 Acres
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
Central Forced Air - Gas
Dishwasher
Garbage Disposal
Microwave
Oven Range - Gas
Refrigerator
Washer/Dryer - Some Units
Natural Gas Available, Individual Electric Meters, Individual Gas Meters, Composition
Building Details
Year Built
1963
Buildings
2
Listing Agency:
Monterey Bay Properties
Listed By:
Teresa Marlow · License #01733164
(831) 818-3430
Source:
Kw
Added: Jun 11
Changed: Oct 6
Last Checked: Oct 5 at 5:17PM
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 Monterey Bay Properties
Investment Insights
Based on property information with market context.
This duplex property includes a single-level primary residence and a permitted 664-square-foot ADU positioned at the far edge of the parcel. The main home offers an open floor plan, wood-finished open-beam vaulted ceilings, custom mahogany and maple cabinetry, and abundant natural light. Its primary suite includes a bay window seating area, granite fireplace, walk-in closet, jetted tub, steam shower, and private slate patio. The ADU includes its own amenities and is readily accessible.
Set on a flat half-acre parcel in Aptos, the property features mature landscaping that separates the two residences. Improvements date to 1963, with central forced-air gas heating, gas cooking appliances, a dishwasher, garbage disposal, refrigerator, and some-unit washer and dryer availability. Individual electric and gas meters are present, and the combined building area is 2,448 square feet.
Set on a flat half-acre parcel in Aptos, the property features mature landscaping that separates the two residences. Improvements date to 1963, with central forced-air gas heating, gas cooking appliances, a dishwasher, garbage disposal, refrigerator, and some-unit washer and dryer availability. Individual electric and gas meters are present, and the combined building area is 2,448 square feet.
Key Highlights
- Two residences on a flat half‑acre parcel
- Permitted 664sf ADU at the far edge of the property
- Total combined sf: 2,448
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,251
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,365,020
$1.4M
Cap Rate 7%
$975,014
$975.0K
Cap Rate 9%
$758,344
$758.3K
Market Conditions
NOI Build-Up for 2,448 SF
Gross rent
$99.9K $40.80/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$97.5K $39.83/SF
− OpEx
−$29.3K −$11.95/SF
NOI
$68.3K $27.88/SF
Area
Santa Cruz County, CA
Vacancy
2.38%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,365,020
Cap Rate 7%
$975,014
Cap Rate 9%
$758,344
Alternative Uses
Best Use
Multifamily LT 5
$975.0K
$853.1K – $1.14M
NOI $68,251 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$900.2K
$787.7K – $1.05M
NOI $63,012 @ 7.0% cap · market cap 4.71%
Theoretical Best
Retail
$1.40M
$1.22M – $1.63M
NOI $97,984 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Single-level primary residence with permitted accessory dwelling unit and individual electric and gas meters.
Where is this duplex located?
The property is located at 1550-1552 Day Valley Road Aptos, CA.
What is the asking price?
The asking price for this property is $1,337,000.
What are key features of this property?
This property features: Two residences on a flat half‑acre parcel; Permitted 664sf ADU at the far edge of the property; Total combined sf: 2,448
