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9969 Alba Rd 7 Unit Apartment Building $1,033,777 CAD ($147,682 CAD/Unit) 6.93% Cap Rate Ben Lomond, CA 95005

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EXECUTIVE SUMMARY

Fixer-upper multi-residential income opportunity in the heart of the Santa Cruz Mountains. This property offers incredible value and includes a spacious adjacent parcel, bringing the total lot size to 1+ acre. The main structure features six units, complemented by a detached cottage for a total of seven income-producing residences. Conveniently situated in Ben Lomond near countless amenities. Seller started process to renovate/repair structures. County of Santa Cruz indicates Four-Plex (Quadruplex) + Detached Cottage. 2 Septic Systems on property. APN 078-142-06-000 is included in the sale. Contact listing agent to schedule showings, review disclosures/reports, and for more information!

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,033,777 CAD
Price Per Unit $147,682 CAD
Sale Type Investment
Cap Rate 6.93%
Sale Conditions
Distress Sale
  • Deferred Maintenance
Gross Rent Multiplier 8.07
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Size 2,263 SF
No. Stories 3
Year Built 1946

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078-142-07-000
Land Assessment
$990,761 CAD
Improvements Assessment
$247,690 CAD
Total Assessment
$1,238,451 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39053397

  • Date on Market: 2026-01-12

  • Last Updated:

  • Address: 9969 Alba Rd, Ben Lomond, CA 95005

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