140 Marina Avenue, Aptos, California 95003, Aptos, 95003 - bed, bath

140 Marina Avenue
Aptos, California 95003
Property Price
SUMMARY
Analysis of 140 Marina Avenue, Aptos, California 95003 is currently available with a list price of $1,595,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Aptos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1959, making it 65 years old. While the exterior image shows some signs of upkeep, such as what appear to be newer windows, the overall appearance is dated. The MLS description highlights the 'Age of Property' as a weakness, noting it 'may necessitate significant updates, repairs, or ongoing maintenance to meet modern standards.' As a rental property with a 'strong rental history,' it is likely functional and maintained to a habitable standard, but without interior photos, it's reasonable to assume the kitchens and bathrooms, along with other interior features, are outdated and would require minor to moderate updates to meet current aesthetic and functional expectations. This aligns with the 'Fair' condition criteria of being aged but maintained through regular upkeep, with major components functional but showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Diverse Income Streams
Mixed-use property featuring one commercial and two residential units, providing multiple revenue sources and enhanced investment stability.
- Proven Rental Performance
The property boasts a strong rental history for all three units, indicating reliable income generation and established tenant demand.
- Desirable Coastal Location
Strategically located near the beach in the sought-after Rio Del Mar neighborhood of Aptos, enhancing its appeal for both long-term and potential vacation rentals.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1959, the property is over 60 years old, which may necessitate significant updates, repairs, or ongoing maintenance to meet modern standards.
- Limited Lot Size
With a lot size of only 1176 square feet, the property offers minimal outdoor space and limited potential for future expansion or development.
- Tenant Occupancy & Access
The instruction 'Please do not disturb the tenants' suggests restricted access for pre-offer inspections and due diligence, which can complicate the buying process.
About 140 Marina Avenue
Mixed use commercial and residential rental located near the beach in the Rio Del Mar neighborhood of Aptos. Strong rental history for all three units. Live in one while you collect rent from the others. Or maybe keep one as vacation home by the beach for yourself while the other units generate income. 113 Venetian is approximately 718 square foot commercial space. The backside of the build is 140 Marina which is approximately 726 square foot two bedroom residential rental. 140 A Marina is a standalone one bedroom rental which is approximately 426 square feet. Please do not disturb the tenants.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1959
- Lot Size
- 1,176 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1959 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Aug 23, 2025
$1,595,000
$1,650,000
-3% Price Drop
Initial Listing
Price Change
Jun 3, 2025
$1,650,000
Initial Listing
