20
See all 20 photos
$1,775,000
Est. payment /mo
8 Beds
2,880 SqFt
Active
2935 #1-4 Capitola Road Santa Cruz, CA 95062
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $616
MLS Listing ID ML81998370
Bedrooms 8
HOA Y/N No
Year Built 1962
Lot Size 6,659 Sqft
Acres 0.15
Property Sub-Type Quadruplex
Property Description
Located near Capitola, this fourplex presents an outstanding investment opportunity with upside potential. Three of the four 2-bedroom, 1-bath units have been updated, offering modernized living spaces. Each 720 sq. ft. unit features a private patio or deck, creating a comfortable outdoor retreat for tenants. Originally built as a fourplex, a condominium map was recorded in 1981. The property is described as four assessor parcels classified as condominiums, adding flexibility and potential value. Conveniently situated within walking distance to Capitola Mall, local restaurants, and 41st Avenue, this property ensures a highly desirable lifestyle for tenants. Additionally, it's less than 1.5 miles the world-famous Pleasure Point surf spot, making it a sought-after rental location. For those looking to expand their portfolio, the adjacent fourplex at 2945 Capitola Road is also available for sale, creating a rare opportunity to own two income-producing properties side by side with conventional loans.
Location
State CA
County Santa Cruz
Zoning RM-3
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Building
Lot Description Level
New Construction No
Schools
School District Santa Cruz City High
Others
Tax ID 03126102000
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Listed by George Wilson • David Lyng Real Estate