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.
117 Marina Avenue: Sold $885,000 · 2 bd · 1 ba · 836 sqft · Jun 2026 · 0.0 mi David Lyng Real Estate | DRE #01467042 Buyer's agent: Un Represented, Un-Represented Buyer | DRE #00000001
347 Treasure Island Drive: Sold $250,000 · Jun 2026 · 0.1 mi LAND22 REAL ESTATE | DRE #01436288 Buyer's agent: NONE NONE, None MRML | DRE #N/A
102 Rio Del Mar Boulevard: Sold $975,000 · 1 bd · 1 ba · 750 sqft · Aug 2026 · 0.1 mi Cheshire-rio Realty | DRE #01109696 Buyer's agent: Kim McBerry, Keller Williams Realty-Silicon Valley | DRE #01966539
232 Aptos Beach Drive: Sold $2,050,000 · 4 bd · 3 ba · 1,952 sqft · Aug 2026 · 0.2 mi Main Street Realtors | DRE #01161050 Buyer's agent: Mike Bloch, Christie's International Real Estate Sereno | DRE #01382661
230 Rio Del Mar Boulevard K: Sold $1,240,000 · 2 bd · 2 ba · 972 sqft · Aug 2026 · 0.2 mi Coldwell Banker Realty | DRE #02044561 Buyer's agent: Randy Maldonado, Cheshire-rio Realty | DRE #01109696
129 Santa Cruz Avenue: Sold $2,610,000 · 3 bd · 3 ba · 1,549 sqft · Aug 2026 · 0.2 mi eXp Realty of California Inc | DRE #70010201 Buyer's agent: John Flaniken, Trade-In Real Estate | DRE #01420207
273 Rio Del Mar Boulevard: Sold $1,120,000 · 2 bd · 2 ba · 1,300 sqft · Aug 2026 · 0.3 mi Sherman & Boone Realtors | DRE #01827412 Buyer's agent: Jerry Shanahan, Pellego | DRE #01257028
328 Cliff Drive: Sold $2,710,000 · 3 bd · 3 ba · 2,791 sqft · Jun 2026 · 0.5 mi Coldwell Banker Realty | DRE #01414420 Buyer's agent: Gabrielle Coppel, Coldwell Banker Realty | DRE #01414420