Soquel Fourplex in Ideal
For Sale
$2,495,000
5058 Wilder Drive, Soquel, CA 95073
Well-maintained fourplex near Capitola Village with long-term tenants.
Property Size3,806 SF
Price / SF$655.54
Days on Market385
Property Features for 5058 Wilder Drive
General Information
Standard status
Active
Size
3,806 SF
Property subtype
Multi-family
Building Details
Year Built
1968
Listing Agency:
David Lyng Real Estate
Listed By:
Kathleen Hall · License #01098602
(831) 588-5993
Source:
Sevengables
Added: Oct 10, 2025
Changed: Oct 28
Last Checked: Oct 28 at 8:24AM
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 David Lyng Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-cared for fourplex, long time family owned, is located in an ideal Soquel/Capitola location. A new Capitola bridge (walking distance of building) provides access to the heart of Capitola Village. The property has been meticulously maintained by the owners. Each unit features 2 bedrooms and 1 bath, totaling 8 bedrooms and 4 baths. Each unit has two access doors, a front door and a back door. Semi-private enclosed yards are included. A new coin-operated washing machine and coin-operated dryer are located in the utility room towards the back of the building. The property includes 4 carport parking spots with limited carport storage, and additional onsite uncovered parking. Three of the four units have been remodeled; the back unit is townhome style with 2 stories. Long-term tenants would all like to remain on the property. The bike score is 17, indicating it is somewhat bikeable, and the walk score is 12, indicating car-dependent.
Key Highlights
- Ideal Soquel/Capitola location, walking distance to Capitola Village via the new Capitola bridge.
- Meticulously maintained 4‑plex with long‑term tenants.
- 3 of 4 units have been remodeled; back unit is a two‑story townhome style.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,112
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,122,240
$2.1M
Cap Rate 7%
$1,515,886
$1.5M
Cap Rate 9%
$1,179,022
$1.2M
Market Conditions
NOI Build-Up for 3,806 SF
Gross rent
$155.3K $40.80/SF
− Vacancy
−$3.7K −$0.97/SF
EGI
$151.6K $39.83/SF
− OpEx
−$45.5K −$11.95/SF
NOI
$106.1K $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%
$2,122,240
Cap Rate 7%
$1,515,886
Cap Rate 9%
$1,179,022
Alternative Uses
Best Use
Multifamily LT 5
$1.52M
$1.33M – $1.77M
NOI $106,112 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M
NOI $97,966 @ 7.0% cap · market cap 3.93%
Theoretical Best
Retail
$2.18M
$1.90M – $2.54M
NOI $152,339 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
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Business Placement
Demographics for 95073, CA
10,549
Population
4,722
Households
2.2
Avg Household Size
48
Median Age
45%
College-Educated
95%
High-School Grad
22.9 sq mi
ZIP Area
461
Density / Sq Mi
$113,929
Median Household Income
$52,054
Median Earnings
$2,093
Median Rent
$1,012,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained fourplex near Capitola Village with long-term tenants.
Where is this quadplex located?
The property is located at 5058 Wilder Drive Soquel, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Ideal Soquel/Capitola location, walking distance to Capitola Village via the new Capitola bridge.; Meticulously maintained 4‑plex with long‑term tenants.; 3 of 4 units have been remodeled; back unit is a two‑story townhome style.
