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2122, 2124, & 2126 Penasquitas Dr, Aptos 2122 Penasquitas Dr 3 Unit Apartment Building $2,598,000 ($866,000/Unit) Aptos, CA 95003



Investment Highlights
- Premier Seascape Townhouse Investment Opportunity
- Flexible Exit Strategy
- Desirable Unit Mix
- Walking Distance to Coastal Amenities
- Prime Coastal Submarket
Executive Summary
2122, 2124 & 2126 Penasquitas Dr presents a rare opportunity to acquire three townhomes within the highly desirable Seascape neighborhood of Aptos, California. Situated on four contiguous parcels totaling 9,148 square feet, the properties were originally constructed in 1978 and comprise approximately 6,050 square feet of gross building area, offering tenants 100% well-designed two-bedroom floor plans, each with a private deck and a two-car garage. Each townhome is individually condo mapped, providing flexibility to sell the units collectively or individually. Located in one of the premier coastal communities in Santa Cruz County, Seascape is known for its relaxed, upscale atmosphere, strong property values, and exceptional access to Seascape Beach, coastal trails, golf courses, and resort-style amenities, all while maintaining a quiet residential feel and convenient connectivity to Highway 1. The investment appeal is further supported by Aptos’ strong employment fundamentals and low vacancy levels, making the property highly attractive to renters seeking a coastal lifestyle with close proximity to beaches, major employers, transportation corridors, shopping, dining, and entertainment options.
Property Facts
| Price | $2,598,000 | Apartment Style | Low-Rise |
| Price Per Unit | $866,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| No. Units | 3 | Building Size | 6,050 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Price | $2,598,000 |
| Price Per Unit | $866,000 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,050 SF |
| No. Stories | 2 |
| Year Built | 1978 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
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Property Taxes
| Parcel Numbers | Improvements Assessment | $308,301 | |
| Land Assessment | $117,778 | Total Assessment | $426,079 |
Property Taxes
Parcel Numbers
Land Assessment
$117,778
Improvements Assessment
$308,301
Total Assessment
$426,079
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2122, 2124, & 2126 Penasquitas Dr, Aptos | 2122 Penasquitas Dr
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