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$1,875,000

Est. payment - /mo

Open Sun 12PM-3PM

2935 #1-4 Capitola RD Santa Cruz, CA 95062

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

OPEN HOUSE

Sun Mar 23, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $651

MLS Listing ID ML81998370

Bedrooms 8

Full Baths 4

Year Built 1962

Lot Size 6,659 Sqft

Property Sub-Type Fourplex

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.

Location

State CA

County Santa Cruz

Area Live Oak

Zoning RM-3

Rooms

Kitchen Oven Range - Electric, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Vinyl / Linoleum

Laundry Hookups Only

Exterior

Parking Features Assigned Spaces

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Lot Description Grade - Level

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 031-261-02-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable

Listed by George Wilson • David Lyng Real Estate

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321