Capitola Road, Santa Cruz, CA 95062

$1,775,000 Approx. USD 0 beds, 0 baths
2,880 sqft

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Marketed By The Keaty Team

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Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# ML81998370

List price is $1,775,000 Reduced by $100,000 on 4/12/2025

Price: $1,775,000

Beds: 0

Baths: 0

Built in 1962

2,880 sqft

0.15 acres

Lot size: 0.1529