$1,650,000
2,880
0.15 Acre Lot

Capitola Road, Santa Cruz, California 95062

  • Residential Income Property Type
  • 2,880 Square Footage
  • 1962 Year Built
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.

Basic Details
Residential Income
For Sale
ML81998370
$1,650,000
2,880
1962
0.15 Acre
Active
Quadruplex
: Composition
Features
: Wall Furnace
: None
: Carpet, Laminate
: Public Sewer
$0
Appliances
: Refrigerator
Address Map
CA
Santa Cruz
Santa Cruz
95062
Capitola
Road
Cross Street: 30th Ave
699 - Not Defined
RM-3
Neighborhood
Live Oak
Other
Additional Information
$0
$0
$0
$0
$0
: None
2880
: Concrete Perimeter
: Level
2025-03-18
1775000
2
: Public
Broker/Agent Information
David Lyng Real Estate
George Wilson
Financial
13522.0
Listing Information
Jeanne Wilson
ML160822
ML39313
David Lyng Real Estate
ML159630
ML39313
Active
2025-06-21T13:53:36Z
CRMLS
: Standard
2025-06-08T17:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069