Capitola Road, Santa Cruz, CA 95062

2,880 sqft

Multi-Family Home
Built in 1962
6,660sqft lot
—— car garage
$573/sqft
Listed 3 months ago

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.

Listing Status:: Active
Date Added:: March 18, 2025 at 05:00AM
Listing Office:: David Lyng Real Estate : 831.475.8111
Listing Agent:: George Wilson : 831-818-3704
MLS ID:: ML81998370

Appliances: Refrigerator
Flooring: CarpetLaminate
A/C: None
Heating: Wall Furnace
Disability Feature: None

This listing courtesy of George Wilson, David Lyng Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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