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$ 1,600,000
Est. payment /mo
Pending
2945 Capitola Road Santa Cruz, CA 95062
8 Beds
2,883 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,883 sqft
Price per Sqft $554
MLS Listing ID ML81998369
Bedrooms 8
HOA Y/N No
Year Built 1964
Lot Size 9,235 Sqft
Acres 0.21
Property Sub-Type Quadruplex
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.
Location
State CA
County Santa Cruz
Zoning RM-3
Interior
Heating Natural Gas, Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
Lot Description Level
New Construction No
Others
Tax ID 03107124000
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Listed by George Wilson • David Lyng Real Estate