5058 Wilder Drive, Soquel, California 95073, Soquel, 95073 - 0 bed, 0 bath
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5058 Wilder Drive
Soquel, California 95073
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,806Sq Ft
7,057Lot Size
Property Price
LIST PRICE$2,495,000
EST. MARKET VALUE
$2,302,625
8% AboveMARKET VALUE
SUMMARY
This Residential Income Quadruplex presents a Strong Value Opportunity, listed at $2,495,000—positioned well below the $2,302,626 Fair Market Value by -8%. While the property is priced above the current estimation, its Condition Rating of 3 and prime location near Capitola Village offer significant upside. With three of four units already remodeled and long-term tenants in place, this asset provides immediate stability with clear potential for rent optimization. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a well-maintained, income-generating asset in a high-demand coastal market.
Estimated Market Value
$2,302,625
Based on Realkey algorithm analyzing recent comparable sales in Soquel.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5058 Wilder Drive Subject | $2,495,000* List Price | 0 | 0 | 3,806 | $605 | - |
A 5031 Wilder Drive Active Under Contract | $1,995,000 List Price | 0 | 0 | 4,096 | $487 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1968 but meticulously maintained with 3 of 4 units remodeled. Interior photos show updated vinyl plank flooring and dual-pane windows. While kitchen cabinets and tile counters are dated in style, they are functional and refreshed, making the property move-in ready for tenants.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated within walking distance of Capitola Village via the new bridge, this property offers an ideal location for tenants seeking proximity to beaches, dining, and shopping.
- Meticulous Maintenance
The building has been exceptionally well-cared for by long-term owners, with three of the four units already remodeled, reducing immediate capital expenditure needs.
- Value-Add Potential
With current rents noted as being below market rates, there is significant upside potential for an investor to increase the capitalization rate and overall asset value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3806, other record living area = 3323.
- Initial Cash Flow Constraints
The current low rental income may impact immediate debt coverage ratios and initial return on investment until rents are brought up to market standards.
- Unverified Square Footage
The unit square footage is provided as an estimate only, necessitating additional due diligence by the buyer to confirm the actual living area and price-per-foot valuation.
About 5058 Wilder Drive
Well cared for long time family owned 4-plex in ideal Soquel / Capitola location - New Capitola bridge (walking distance of building) takes you into the heart of Capitola village. Meticulously maintained by owners, each unit has 2 bedrooms and 1 bath (8 bedrooms / 4 baths total) and 2 access doors on each unit (front door and back door). Semi private enclosed yards, new coin operated washing machine and coin operated dryer in utility room towards back of building. 4 carport parking spots with limited carport storage, and additional onsite uncovered parking. 3 of the 4 units have been remodeled (back unit is townhome style with 2 stories). Long term tenants would all like to remain on property - Current rents are on the low side - working on additional details - 24 hour notice to show - square footage of units is an estimate only - buyer to satisfy themselves with square feet of each unit.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1968
- Lot Size
- 7,057 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,806 | 4,096 |
| Lot Size | 7,057 | 7,187 |
| Price | $2.50M | $1.76M |
| Price per sq ft | $656 | $431 |
| Built year | 1968 | 1971 |
| HOA | $0 | $0 |
| Days on market | 240 | 43 |
Pricing History
Listed for Sale
May 20, 2026
$2,495,000
$2,650,000
-6% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$2,650,000
Initial Listing