Duplex with Private
For Sale
$1,395,000
236 North Avenue, Aptos, CA 95003
ResidentialIncome, Aptos, CA
Property Size1,870 SF
Lot Size0.14 Acres
Price / SF$745.99
Days on Market14
Property Features for 236 North Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-3
Parking
3
Parking features
Garage, On Street
Fireplace
1
Appliances
OvenRangeGas
Elementary school
PajaroValleyUnified
High school
PajaroValleyUnified
Elementary school district
PajaroValleyUnified
High school district
PajaroValleyUnified
Subdivision
Seacliff_2
Standard status
Active
APN
042-041-52-000
Size
1,870 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
16000
Utilities
Sewer type
Public Sewer
Heating system
Fireplace(s)
Water source
Public
Amenities
private backyard
in-unit laundry
detached laundry room
private fenced outdoor areas
Building Details
Year built
1952
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile
Roof type
Shingle, Composition
Listing Agency:
Christie's International Real Estate Sereno
(831) 460-1100
Listed By:
Brezsny Associates · License #70010105
(831) 400-7334
Added: Oct 8
Changed: Oct 21
Last Checked: Oct 21 at 11:06AM
MLS# ML82063982
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This RM-3-zoned duplex in Aptos contains two 2-bedroom, 1-bathroom residences totaling approximately 1,870 square feet on a 6,011-square-foot lot. Unit B measures about 1,000 square feet and has a one-car garage and in-unit laundry; Unit A is approximately 870 square feet and has a detached laundry room. Each residence has a private, fenced yard. Improvements include a replacement roof and gutters, new water heater, updated electrical panels, outlets and switches, and refreshed interior and exterior paint. Flooring is laminate and tile; the property also has a fireplace and composition shingle roof.
Seacliff Beach is a 12-minute walk away. Aptos Village and Rancho Del Mar Shopping Center are among the nearby destinations. Public water and sewer serve the property.
Seacliff Beach is a 12-minute walk away. Aptos Village and Rancho Del Mar Shopping Center are among the nearby destinations. Public water and sewer serve the property.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units totaling approximately 1,870 square feet
- 6,011‑square‑foot lot; 0.138 acres
- Unit B: approximately 1,000 square feet, one‑car garage, and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,136
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,720
$1.0M
Cap Rate 7%
$744,800
$744.8K
Cap Rate 9%
$579,289
$579.3K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$76.3K $40.80/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$74.5K $39.83/SF
− OpEx
−$22.3K −$11.95/SF
NOI
$52.1K $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%
$1,042,720
Cap Rate 7%
$744,800
Cap Rate 9%
$579,289
Alternative Uses
Best Use
Multifamily LT 5
$744.8K
$651.7K – $868.9K
NOI $52,136 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$687.6K
$601.7K – $802.2K
NOI $48,134 @ 7.0% cap · market cap 3.45%
Theoretical Best
Retail
$1.07M
$935.6K – $1.25M
NOI $74,849 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,033
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include fenced outdoor areas, with laundry facilities and a garage serving the respective units.
Where is this duplex located?
The property is located at 236 North Avenue Aptos, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units totaling approximately 1,870 square feet; 6,011‑square‑foot lot; 0.138 acres; Unit B: approximately 1,000 square feet, one‑car garage, and in‑unit laundry
