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Four-Unit Multifamily Property
For Sale
$2,495,000

5058 Wilder DR, Soquel, CA 95073

Residential Income (2-4 units), SOQUEL, CA

Property Size3,806 SF
Lot Size0.16 Acres
Price / SF$655.54
Days on Market93

Property Features for 5058 Wilder DR

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-2.5
Bedrooms 8
Rooms Bedroom 8, Bedroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 1, Bedroom 3
Parking 4
Parking features Carport, Covered
Appliances Appliances - Vary by Unit, Oven Range, Refrigerator, Varies by Unit
Subdivision Soquel
Standard status Active
Size 3,806 SF
Lot size 0.16 Acres

Utilities

Heating system Wall Furnace
Water source Public

Amenities

coin-operated laundry
semi-private enclosed yards

Building Details

Year built 1968
Number of units 4
Roof type Composition
Listing Agency: David Lyng Real Estate
Listed By: Kathleen Hall · License #01098602
Added: Jul 16 Changed: Oct 12 Last Checked: Oct 16 at 1:06PM
MLS# ML82030867

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 four-unit multifamily property contains 3,806 square feet and was built in 1968. Each residence offers two bedrooms and one bathroom, for a combined total of eight bedrooms and four bathrooms. Three units have been remodeled, while the rear residence features a two-story townhome-style layout. Each unit includes front and rear access doors along with a semi-private enclosed yard.

The property sits on 0.162 acres in Soquel, California, with covered carport parking for four vehicles and additional uncovered on-site parking. Limited carport storage is also provided. A utility room includes coin-operated laundry equipment, and the building is served by public water and wall-furnace heating. The property is zoned RM-2.5.

Key Highlights

  • Four units with 2 bedrooms and 1 bathroom per residence
  • 3,806 square feet on a 0.162‑acre parcel
  • Three of four units have been remodeled

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 (±1% cap)
NOI $106,112 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,966 @ 7.0% cap · market cap 3.93%
Theoretical Best
Retail
$2.18M
$1.90M – $2.54M (±1% cap)
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

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Current Use

Quadplexes

Suggested Use

Top Pick Travel Agency Barber Shop (Bike/Boat/Book/etc) Store Butcher Catering Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,674
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained residential income property with remodeled units, enclosed yards, carport parking, and on-site laundry.
Where is this quadplex located?
The property is located at 5058 Wilder DR 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: Four units with 2 bedrooms and 1 bathroom per residence; 3,806 square feet on a 0.162‑acre parcel; Three of four units have been remodeled
More about this property
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