Timeless Spanish Charm in the Heart of Rio del Mar Beach. A rare opportunity to own one of the original Spanish-style fourplexes in sought-after Rio del Mar Beach. Built in 1932, this property reflects the architectural heritage of California's coastal communities while offering the stability of an exceptional investment. Situated on a single parcel moments from the sand, the fourplex features four one-bedroom, one-bath units a desirable mix that attracts tenants and strong rental demand in one of Santa Cruz's most coveted beachside neighborhoods. Units are separately metered. Recent improvements include a remodeled kitchen in Unit 1 and new paint and flooring in Unit 4. Residents enjoy an effortless coastal lifestyle steps from the beach, with Cabrillo College minutes away, Nisene Marks nearby for hiking and biking, and the shops and charm of Aptos Village close at hand. With multifamily development extremely limited and coastal properties increasingly hard to acquire, opportunities like this are rare historic architecture, a prime location, and lasting appreciation in one legacy asset. Ideal for expanding a portfolio, completing a 1031 exchange, or securing a trophy coastal asset this iconic fourplex is a true opportunity to own a piece of Santa Cruz County history.
Multi-familyProperty Type
1932Year Built
1,830 sq ftLot Size
$590Price/Sq.Ft.
Listed by Mario Desantis•DRE #02119587• Coldwell Banker Realty
Listed by Liliane Molda•DRE #01361410• Lawrie & Lawrie Properties
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82055373
Sep 9, 2026
Relisted
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Aug 20, 2026
Listing Removed
—
Aug 18, 2026
Price Changed
*
Aug 12, 2026
Relisted
—
Jul 29, 2026
Listing Removed
—
Jul 28, 2026
Price Changed
*
Jul 24, 2026
Listed
*
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82053454
Sep 9, 2026
Price Changed
$1,495,000
$590/sq ft
Sep 9, 2026
Price Changed
$1,495,000
$590/sq ft
Aug 12, 2026
Price Changed
$1,595,000
$630/sq ft
Aug 12, 2026
Price Changed
$1,595,000
$630/sq ft
Jul 28, 2026
Price Changed
$1,645,000
$650/sq ft
Jul 28, 2026
Price Changed
$1,645,000
$650/sq ft
Jul 21, 2026
Listed
$1,745,000
$689/sq ft
Jul 21, 2026
Listed
$1,745,000
$689/sq ft
+20
Timeless Spanish Charm in the Heart of Rio del Mar Beach. A rare opportunity to own one of the original Spanish-style fourplexes in sought-after Rio del Mar Beach. Built in 1932, this property reflects the architectural heritage of California's coastal communities while offering the stability of an exceptional investment. Situated on a single parcel moments from the sand, the fourplex features four one-bedroom, one-bath units a desirable mix that attracts tenants and strong rental demand in one of Santa Cruz's most coveted beachside neighborhoods. Units are separately metered. Recent improvements include a remodeled kitchen in Unit 1 and new paint and flooring in Unit 4. Residents enjoy an effortless coastal lifestyle steps from the beach, with Cabrillo College minutes away, Nisene Marks nearby for hiking and biking, and the shops and charm of Aptos Village close at hand. With multifamily development extremely limited and coastal properties increasingly hard to acquire, opportunities like this are rare historic architecture, a prime location, and lasting appreciation in one legacy asset. Ideal for expanding a portfolio, completing a 1031 exchange, or securing a trophy coastal asset this iconic fourplex is a true opportunity to own a piece of Santa Cruz County history.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Santa Cruz County
APN
042-141-22-000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 21, 2026.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 83° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Aptos, CA • 95003
Average low and high temperatures (°F)
61
41
62
44
66
45
64
46
67
49
67
52
66
53
72
54
71
55
70
51
63
45
61
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
68/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.4 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 105 Stephen Rd
$1,508,125
$13K over list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $950K to $1.7M.