Remodeled 4-Unit
For Sale
$2,495,000
5058 Wilder Drive, Soquel, CA 95073
ResidentialIncome, Soquel, CA
Property Size3,806 SF
Lot Size0.16 Acres
Price / SF$655.54
Days on Market287
Property Features for 5058 Wilder Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-2.5
Parking
4
Parking features
Covered, Carport
Appliances
OvenRange, Refrigerator
Elementary school
SoquelUnionElementary
Middle school
NewBrightonMiddle
High school
SantaCruzCityHigh
Elementary school district
SoquelUnionElementary
High school district
SantaCruzCityHigh
Subdivision
Soquel
Standard status
Active
APN
030-221-13-000
Size
3,806 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
semi private enclosed yards
coin-operated laundry
Building Details
Year built
1968
Floors in Building
2
Number of units
4
Roof type
Composition
Listing Agency:
David Lyng Real Estate
(831) 429-5700
Listed By:
Kathleen Hall · License #01098602
(831) 588-5993
Added: Jan 12
Changed: Oct 21
Last Checked: Oct 26 at 4:06AM
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 RM-2.5-zoned quadplex contains four two-bedroom, one-bathroom residences, totaling 3,806 square feet. Three units have been remodeled, and the rear residence has a two-story townhome-style configuration. Each unit has separate front and rear access, along with a semi-private enclosed yard. A utility room houses coin-operated laundry equipment.
The property includes four covered carport spaces, limited storage within the carports, and additional uncovered on-site parking. Public water and sewer serve the building. Constructed in 1968, the property has a composition roof and includes ovens and refrigerators.
The property includes four covered carport spaces, limited storage within the carports, and additional uncovered on-site parking. Public water and sewer serve the building. Constructed in 1968, the property has a composition roof and includes ovens and refrigerators.
Key Highlights
- Four units, each with two bedrooms and one bathroom; 3,806 square feet total
- Three of the four residences have been remodeled
- Rear unit features a two‑story townhome‑style layout
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.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Explore this area
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 - Three residences have been updated, with a two-story townhome-style layout in one unit.
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: Four units, each with two bedrooms and one bathroom; 3,806 square feet total; Three of the four residences have been remodeled; Rear unit features a two‑story townhome‑style layout
