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9969 Alba Rd 7 Unit Apartment Building $695,000 ($99,286/Unit) 7.43% Cap Rate Ben Lomond, CA 95005
Executive Summary
Fixer-upper multi-residential income opportunity in the heart of the Santa Cruz Mountains. This property offers incredible value and includes a spacious adjacent parcel, bringing the total lot size to 1+ acre. The main structure features six units, complemented by a detached cottage for a total of seven income-producing residences. Conveniently situated in Ben Lomond near countless amenities. Seller previously started and invested in permit process to renovate/repair structures. County of Santa Cruz indicates Four-Plex (Quadruplex) + Detached Cottage. 2 Septic Systems on property (both passed inspection and will need to have electrical re-connected prior to usage). APN 078-142-06-000 is included in the sale. Contact listing agent to schedule showings, review disclosures/reports, and for more information!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
1 1
Property Taxes
| Parcel Number | 078-142-07-000 | Total Assessment | $892,500 |
| Land Assessment | $714,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $178,500 | Tax Year | 2025 |
Property Taxes
Parcel Number
078-142-07-000
Land Assessment
$714,000
Improvements Assessment
$178,500
Total Assessment
$892,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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9969 Alba Rd
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