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.
Property Details
Price:
$1,725,000
MLS #:
ML81998369
Status:
Active
Baths:
0
Address:
2945 Capitola Road
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Santa Cruz
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
95062
Lot Size:
9,235 sqft / 0.21 acres (approx)
Year Built:
1964
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Schools
Interior
Accessibility Features
None
Cooling
None
Flooring
Carpet
Heating
Wall Furnace
Exterior
Foundation Details
Concrete Perimeter
Garage Spaces
0.00
Lot Features
Level
Parking Features
Uncovered
Parking Spots
4.00
Roof
Composition
Sewer
Public Sewer
Water Source
Public
Financial
Taxes
$16,494
Map
Community
- Address2945 Capitola Road Santa Cruz CA
- Area699 – Not Defined
- CitySanta Cruz
- CountySanta Cruz
- Zip Code95062
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2945 Capitola Road
Santa Cruz, CA
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