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    Updated Quadplex with Patios Title is generated by Realmo AI

    5031 Wilder Drive, Soquel, CA 95073

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    For Sale
    $1,995,000

    Well-maintained quadplex with updated units and private outdoor space for multiple units.

    Type:Multi Family
    Property size:
    4,096 SF
    Price / SF:
    $487/SF
    Added:
    Jun 29, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 4 at 3:02 am

    Property Features for 5031 Wilder Drive

    General Information

    Standard status
    Active
    Size
    4,096 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1971

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    Jan Taylor
    Jan Taylor

    Listing office Santa Cruz Estates

    Listing date Jun 29, 2026

    Source Exitrealty

    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 Santa Cruz Estates

    HighLights

    • Well‑maintained quadplex built in 1971
    • All units have been updated, with unit two most recently updated
    • Unit 1 and unit 2 each feature a private patio
    • Units 3 and 4 (upstairs) include small decks
    • All required reports are completed and available in the disclosure packet

    Overview

    This quadplex consists of four residential units with updates completed across the property, including the most recent updates in unit two. The layout includes outdoor space for several units: units one and two feature patios, while units three and four each offer small decks. The property is described as nicely maintained, and all required reports have been completed and included in the disclosure packet.

    The address is 5031 Wilder Drive in Soquel, California. The public remarks describe the street as quiet and positioned on the “loop,” with the property presented as convenient to Capitola and Soquel.

    For tenants, the configuration supports a straightforward small-multifamily arrangement, with outdoor areas attached to multiple units. For buyers, the documented updates and the availability of completed reports in the disclosure packet provide practical due diligence items. This offering is a residential income property well suited to those seeking a maintained quadplex with a mix of patio and deck access across its units.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $167.1k $40.80
    − Vacancy −$4.0k −$0.97
    EGI $163.1k $39.83
    − OpEx −$48.9k −$11.95
    NOI $114.2k $27.88
    4,096 SF · lease $40.80/SF/yr · vacancy 2.38% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.63M
    $1.43M – $1.90M (±1% cap)
    NOI $114,198 @ 7.0% cap · market cap 5.72%
    Second Best
    Apartment 5plus
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,431 @ 7.0% cap · market cap 5.28%
    Theoretical Best
    Retail
    $2.34M
    $2.05M – $2.73M (±1% cap)
    NOI $163,946 @ 7.0% cap · market cap 8.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Travel Agency Barber Shop Mobile Phone Store Supermarket Daycare Center Tech Support Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Fish Market Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Soquel
    County
    Santa Cruz
    State
    California
    Longitude
    -121.9533685
    Latitude
    36.984799

    FAQs

    What type of property is this?
    Quadplex - Well-maintained quadplex with updated units and private outdoor space for multiple units.
    Where is this quadplex located?
    The property is located at 5031 Wilder Drive Soquel, CA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Well‑maintained quadplex built in 1971; All units have been updated, with unit two most recently updated; Unit 1 and unit 2 each feature a private patio
    More about this property
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