140 Marina Avenue, Aptos, California 95003, Aptos, 95003 - 0 bed, 0 bath
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Aptos, California 95003
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.
Property is moderate renovation needed.
Built in 1959, this mixed-use property is functional and currently income-generating, but it shows clear signs of aging infrastructure. While the exterior features some updates like vinyl windows, the lack of a recent comprehensive renovation and the property's age suggest that interior systems, kitchens, and bathrooms are likely outdated and require minor updates to meet modern standards.
Situated in the highly desirable Rio Del Mar neighborhood of Aptos, this property offers exceptional proximity to the beach, making it a high-demand location for both residential tenants and commercial interest.
The mixed-use configuration, featuring a commercial space and two distinct residential units, provides diverse revenue streams and the flexibility to live in one unit while generating income from the others.
With a documented strong rental history across all three units, the property represents a stabilized investment opportunity with immediate cash flow potential for the next owner.
The compact 1,176 square foot lot is quite small for a three-unit property, which significantly limits private outdoor space and may present challenges for on-site parking.
Built in 1959, the property may require ongoing maintenance or capital improvements to modernize the units and ensure compliance with current commercial and residential building codes.
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.
No exterior & parking available.
No sensitive facilities data found.
| 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% |
Aug 23, 2025
$1,595,000
$1,650,000
-3% Price Drop
Initial Listing
Jun 3, 2025
$1,650,000
Initial Listing