One of a kind investment opportunity in the heart of Rio Del Mar. 136 and 138 Marina are two fourplexes, each with their own separate APN and a shared courtyard. First time on the market in 50+ years. 136 Marina consists of two ground floor studio units, and two one-bedroom units on the second floor. The rear 1-bedroom unit has full ocean views from the balcony. 138 Marina consists of a large one-bedroom ground floor unit with private laundry. On the second floor is another spacious one-bedroom unit plus a studio apartment. The fourth unit, the Penthouse, is a large one-bedroom flat with full ocean views, private laundry, and a view deck. Quite literally located mere steps away from the Esplanade at Rio Del Mar Beach, this unique property offers the best access to coastal amenities. Sandy beaches and good eats at Pixie Deli and Venus Spirits are right around the corner. Ample parking is available on Marina Ave, no permits required. This amazing property is ready for new ownership with tremendous upside potential. Very little turnover and always easy to rent. Kitchens, bathrooms, appliances, and systems have been updated as units turnover. Continue leasing all units or leave one apartment vacant for an owners suite. The possibilities are endless and the Beach still beckons.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 3
Living Area: 4,782 SqFt
Listing Office:
Office Name: Montalvo Homes & Estates
Office Phone: (831) 460-4663
Listing Agent: Aimee Thayer-Garcia
Interior Features
Interior Information:
Flooring Type: Laminate
Exterior Features
Exterior Information:
View: Ocean, Water
Parking Information:
Parking: Covered, Carport, Unassigned
Lot Features
Lot Information:
Lot: Zero Lot Line
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: Cross Street: Marina Ave and Rio Del Mar/Aptos Beach Drive
Price Information
Listing Price Info
Price Summary:
List Price: $3,295,000
Price Per SqFt: $689/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Aptos, CA.
This property is $1.9M more than the Median Sold Price and $138/SqFt less than other homes in Aptos, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81974334
Listing Office:
Office Name: Montalvo Homes & Estates
Office Phone: (831) 460-4663
Listing Agent: Aimee Thayer-Garcia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 8:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16.5K
Per Month
Principal & Interest
$16.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,945
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Valencia Elementary
250 Aptos School Rd
Distance between this listing and this school0.75 miles
Public District Grades KG-6
6
/10
Mar Vista Elementary
6860 Soquel Dr
Distance between this listing and this school1.35 miles
Public District Grades KG-6
6
/10
Rio Del Mar Elementary
819 Pinehurst Dr
Distance between this listing and this school1.69 miles
Public District Grades KG-6
Nearby Schools
5
/10
Aptos Junior High
1001 Hntngtn Dr
Distance between this listing and this school1.36 miles
Public District Grades 7-8
6
/10
New Brighton Middle School
250 Washburn Ave
Distance between this listing and this school2.45 miles
Public District Grades 6-8
5
/10
Tierra Pacifica Charter
986 Bostwick Ln
Distance between this listing and this school4.32 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Delta Charter
6500 Soquel Dr Bldg 1190
Distance between this listing and this school1.59 miles
Public Charter Grades 9-12
7
/10
Aptos High School
100 Mariner Way
Distance between this listing and this school2.41 miles
Public District Grades 9-12
7
/10
Soquel High School
401 Old San Jose Rd
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $60,139. Typical income of Aptos, CA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 138 Marina Ave in Aptos, CA and zip code 95003 in the Aptos Beach neighborhood. This 4,782 square foot home, which was built in 1964, sits on a 0.05 acre lot. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $3,295,000.
In November 2024 more than 7 listings in Aptos, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 17 were sold below. In November 2024 in Aptos, CA there were 8.5% less homes for sale than in October 2024. In November 2024 median list price was $1,350,000 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Symphony or Opera
Symphony or Opera
Continuing Education Courses
Yoga/pilates
Chico's
Express/Express For Men
H&M
Boston Market
Qdoba
Dominos Pizza
Volvo
Volkswagen
Audi
Talk/Personality
Urban Contemporary
Alternative