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Fourplex with Semi-Private Yards

5058 Wilder DR Soquel, CA 95073

5058 Wilder DR, Soquel, CA, 95073
$2,495,000
For Sale
$2,495,000

MULTI_FAMILY - SOQUEL, CA

Property Size3,806 SF
Lot Size0.16 Acres
Price / SF$655.54
Days on Market60

Property Features for 5058 Wilder DR

General Information

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

Utilities

Heating system
Wall Furnace
Water source
Public

Building Details

Year built
1968
Number of units
4
Roof type
Composition
Listing Agency David Lyng Real Estate
1041 41st Ave, CA
Listed by Kathleen Hall · License #01098602
Added: May 19 Checked: Jul 17 at 2:06 pm
MLS# ML82030867 Listing URL

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.


Investment Insights

Based on property information with market context.

This well cared-for fourplex offers four units, each with two bedrooms and one bath, for a total of eight bedrooms and four baths. Each unit has two access doors, including a front door and a back door. Semi-private enclosed yards are provided, and there is a utility room toward the back of the building with coin-operated washing machine and coin-operated dryer. Three of the four units have been remodeled, and the back unit is described as townhome style with two stories.

The property is located at 5058 Wilder Dr in Soquel, with the seller noting an “ideal Soquel / Capitola” setting. The remarks also reference the new Capitola bridge and describe it as walking distance from the building and leading into the heart of Capitola village. Parking includes four carport parking spots with limited carport storage, plus additional onsite uncovered parking. The property is zoned RM-2.5.

This setup can appeal to investors or owner-operators seeking a long-term rental configuration with consistent unit layouts and additional tenant-facing amenities such as on-site coin laundry. The seller notes current rents are on the low side and states tenants have expressed interest in remaining on the property. A 24-hour notice is required for showings. Square footage is provided as an estimate, and buyers are advised to satisfy themselves regarding unit sizes.

Key Highlights

  • Four‑plex built in 1968 with each unit featuring 2 bedrooms and 1 bath (8 beds/4 baths total)
  • Two access doors per unit (front door and back door) plus semi‑private enclosed yards
  • 3 of the 4 units have been remodeled; back unit is townhome style with 2 stories

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 $155.3k $40.80
− Vacancy −$3.7k −$0.97
EGI $151.6k $39.83
− OpEx −$45.5k −$11.95
NOI $106.1k $27.88
3,806 SF · lease $40.80/SF/yr · vacancy 2.38% · expense 30.00%

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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Travel Agency Barber Shop (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Catering Service Daycare Center Tech Support Center Mobile Phone Store Supermarket

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

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit property with two-bedroom layouts, separate entry access, and semi-private enclosed yards.
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‑plex built in 1968 with each unit featuring 2 bedrooms and 1 bath (8 beds/4 baths total); Two access doors per unit (front door and back door) plus semi‑private enclosed yards; 3 of the 4 units have been remodeled; back unit is townhome style with 2 stories
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