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Updated Quadplex with Patios

5031 Wilder Drive Soquel, CA 95073

5031 Wilder Drive, Soquel, CA, 95073
$1,995,000
For Sale
Claim this Listing
$1,995,000

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

Property Size4,096 SF
Price / SF$487.06
AddedJun 29
Days on Market18
Last RefreshJul 16 at 8:03 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

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


Investment Insights

Based on property information with market context.

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.

Key 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

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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Travel Agency Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Catering Service Daycare Center Tech Support Center (Bike/Boat/Book/etc) Store

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

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
Contact an agent
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