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Property Description

This ideally located fourplex near Capitola offers excellent investment potential just minutes from the beach. Each of the four 2-bedroom, 1-bath units span 720 sq. ft. and feature a private patio or deck, providing residents with their own outdoor space. One unit has already been updated, leaving plenty of room for further improvements to maximize rental income. Positioned just a short walk from Capitola Mall, popular restaurants, and the shopping hub of 41st Avenue, this property is perfectly situated for tenant convenience. In addition, its prime coastal location less than 1.5 miles from the world-renowned Pleasure Point surf break makes it a highly desirable place to live. A shared laundry room adds to the functionality of the building. For investors looking to scale their portfolio, the adjacent fourplex at 2935 Capitola Road is also available for sale, providing a rare opportunity to own two income-generating properties in a sought-after rental market.

Overview

Property Status
Sold
Lot Size
9,234.72 Sq.Ft.
MLS ID
ML81998369
Property Type
Multi-Family
Year Built
1964

Features & Amenities

Total Area
2,883 Sq.Ft.
Neighborhood
Live Oak
Water Source
Public
Pool
None
Roof
Composition
Lot Features
Level
Parking
No Garage, Assigned
Heat Type
Natural Gas, Wall Furnace
Air Conditioning
None
Appliances
Washer, Washer/Dryer, Range, Oven, Refrigerator
Sewer
Public Sewer
Substructure
Concrete Perimeter
School District
Santa Cruz City Elementary
Sales Price
$1,425,000
Real Estate Tax
$16,494/yr
Maintenance Fee
$2,018/mo
Zoning
RM-3

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2945 Capitola Road

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 2945 Capitola Road, SANTA CRUZ, CA 95062

2945 Capitola Road
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  • CallGeorge & Jeanne Wilson

    License #0662250 | 0549459

    (831) 818-3704
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