OFF MARKET

Off Market Apr 2016 for $1.3M

—

•

4,416

sq ft

115 Stephen Rd, Aptos, CA 95003

About this home

Fantastic 5 unit investment property opportunity in the "Rio Del Mar" neighborhood of Aptos. Several units have been upgraded, separate meters for gas and electric. Common area laundry room for additional income. Potential to do vacation rentals given superb beach location. Owner's unit possibility as well. This property will allow an investor to acquire an ideally located multi-family asset in a niche Silicon Valley sub market with limited inventory.

Multi-familyProperty Type

1961Year Built

5,401 sq ftLot Size

$299Price/Sq.Ft.

9 spacesParking

Listed by David Galant •DRE #01469241 • Atlantis Properties

Listed by Louis Melo •DRE #00923161 • Atlantis Properties

Contact: 408-518-2770

Bought with Liz Hawkins •DRE #01229797 • Navarro & Associates Realty

Redfin checked: a few seconds ago

•Source:MLSListings #ML81521446

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 95003, CA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.0%

0.2% MoM

Median sale price

$1.2M

$278 MoM

Avg. days on market

24d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

EARLY ACCESS
$1,000,000
3 beds2 baths1,120 sq ft
3355 Merrill Rd, Aptos, CA 95003
OPEN SAT, 1PM TO 4PM
$1,450,000
4 beds2 baths1,430 sq ft
151 Siesta Dr, Aptos, CA 95003
OPEN SAT, 2:30PM TO 4:30PM
$1,850,000
3 beds2 baths1,552 sq ft
207 Kingsbury Dr, Aptos, CA 95003
OPEN SAT, 1PM TO 4PM
$1,475,000
3 beds2 baths1,500 sq ft
391 Danube Dr, Aptos, CA 95003
$1,100,000
3 beds2.5 baths1,785 sq ft
3360 Aptos Rancho Rd, Aptos, CA 95003
$625,000
1 bed1 bath480 sq ft
302 Seascape Resort Dr, Aptos, CA 95003
VIDEO TOUR
$6,995,000
3 beds2.5 baths3,027 sq ft
102 Long Leaf Ln, Aptos, CA 95003
$2,595,000
4 beds2.5 baths3,949 sq ft
Undisclosed address, Aptos, CA 95003
OPEN SAT, 12PM TO 4PM
$989,000
2 beds1 bath772 sq ft
523 Maple St, Aptos, CA 95003
3D WALKTHROUGH
$1,999,000
4 beds3 baths2,264 sq ft
225 Florence Dr, Aptos, CA 95003
See all

Provided by Redfin

Sale history for 115 Stephen Rd

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Santa Cruz County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 10, 2023.

Property details

Parking

Parking Information
Parking Description: Common Parking Area, Parking Area, Uncovered Parking
Parking Spaces: 9

Interior

Heating & Cooling Information
Heating: Gas

Multi-Unit Information
# of Units in Complex (Minimum): 5
Annual Rental Income: $91,680
Annual Gross Income: $92,380
Gross Rent Multiplier: 15.10
Gross Scheduled Income: $92,380
Other Income: $700
Total Expenses: $36,980

Unit Type 1 Information
# of Bedrooms: 3
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 1,100
Rent: $1,600

Unit Type 2 Information
# of Bedrooms: 3
# of Units (Total): 1
# of Baths (Full): 2
Approx Sq. Ft.: 1,200
Rent: $1,695

Unit Type 3 Information
# of Bedrooms: 1
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 500
Rent: $1,175

Unit Type 4 Information
# of Bedrooms: 2
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 1,000
Rent: $1,795

Unit Type 5 Information
# of Bedrooms: 2
# of Units (Total): 1
# of Baths (Full): 1
Approx Sq. Ft.: 700
Rent: $1,375

Exterior

Exterior Features
Roof: Composition

Building Information
# of Buildings: 1
Subclass: 5+ Units
Concrete Slab

Property Features
Living Sq. Ft.: 4,416

Property Information
Property Primary ID: 541683
Tenant Expenses: Utilities (Electric), Utilities (Gas)

Land Information
Landscape Expense: $600

Lot Information
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: RM-3

Financial

Tax/Assessment Information
Annual Tax Amount: $12,062

Utilities

Utility Information
Meters: Primary Water, Separate Electric
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Trash Expense: $2,874
Utility Expenses: $3,200

Water Information
Water: Public

Location

School Information
Elementary School District: Pajaro Valley Unified
High School District: Pajaro Valley Unified

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Santa Cruz County
APN: —

Home facts updated by county records on Apr 10, 2023

Around this home

Schools

Mar Vista Elementary School

Public K-6 • Assigned • 1.3mi

6/10

Aptos Junior High School

Public 7-8 • Assigned • 1.3mi

5/10

Aptos High School

Public 9-12 • Assigned • 2.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

8/10 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

4/10 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

11 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 95003

EARLY ACCESS

$1,000,000

3 beds2 baths1,120 sq ft

3355 Merrill Rd, Aptos, CA 95003

OPEN SAT, 1PM TO 4PM

$1,450,000

4 beds2 baths1,430 sq ft

151 Siesta Dr, Aptos, CA 95003

OPEN SAT, 2:30PM TO 4:30PM

$1,850,000

3 beds2 baths1,552 sq ft

207 Kingsbury Dr, Aptos, CA 95003

OPEN SAT, 1PM TO 4PM

$1,475,000

3 beds2 baths1,500 sq ft

391 Danube Dr, Aptos, CA 95003

$1,100,000

3 beds2.5 baths1,785 sq ft

3360 Aptos Rancho Rd, Aptos, CA 95003

$625,000

1 bed1 bath480 sq ft

302 Seascape Resort Dr, Aptos, CA 95003

VIDEO TOUR

$6,995,000

3 beds2.5 baths3,027 sq ft

102 Long Leaf Ln, Aptos, CA 95003

$2,595,000

4 beds2.5 baths3,949 sq ft

Undisclosed address, Aptos, CA 95003

OPEN SAT, 12PM TO 4PM

$989,000

2 beds1 bath772 sq ft

523 Maple St, Aptos, CA 95003

Home values near 115 Stephen Rd

Data from public records.

Address	Redfin Estimate
119 Stephen Rd, Aptos, CA 1 Beds \| 1 Baths \| 756 Sq. Ft.	$867,645
107 Stephen Rd, Aptos, CA 4 Beds \| 2 Baths \| 1500 Sq. Ft.	$1,371,563

Address	Redfin Estimate
111 Stephen Rd, Aptos, CA 4 Beds \| 2 Baths \| 1489 Sq. Ft.	$1,380,855
113 Stephen Rd, Aptos, CA 9 Beds \| - Baths \| 4416 Sq. Ft.	—

Address	Redfin Estimate
109 Stephen Rd, Aptos, CA 4 Beds \| 2 Baths \| 1489 Sq. Ft.	$1,236,344
116 Stephen Rd, Aptos, CA 2 Beds \| 1 Baths \| 762 Sq. Ft.	$908,434

Property information provided by MLSListings when last listed in 2015. This data may not match . Learn more.

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