$1,600,000
2,883
0.21 Acre Lot

2945 Capitola Road, Santa Cruz, California 95062

  • Residential Income Property Type
  • 2,883 Square Footage
  • Uncovered Cars Garage
  • 1964 Year Built
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.

Basic Details
Residential Income
For Sale
ML81998369
$1,600,000
2,883
1964
0.21 Acre
Active Under Contract
Quadruplex
: Composition
Features
: Wall Furnace
: None
: Uncovered
: Carpet
: Public Sewer
$0
Address Map
CA
Santa Cruz
Santa Cruz
95062
Capitola
2945
Road
Cross Street: 30th Ave
699 - Not Defined
RM-3
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: None
2883
: Concrete Perimeter
: Level
2025-03-18
1725000
: Public
Broker/Agent Information
David Lyng Real Estate
George Wilson
Financial
16494.0
Listing Information
Jeanne Wilson
ML160822
ML39313
David Lyng Real Estate
ML159630
ML39313
Active Under Contract
2025-07-07T17:03:21Z
CRMLS
: Standard
2025-07-06T17:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069