2945 Capitola Road
Santa Cruz, CA 95062
2883 sqft | 0.21 acres | #ML81998369
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.
Property Details
- FoundationConcretePerimeter
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountySanta Cruz
- Original List Price$1,875,000
- MLS #ML81998369
- Property SubtypeQuadruplex
- MLS #ML81998369
- Taxes Annual$16,494
- Cost1725000
- Utility SourcePublic
- Lot DescriptionLevel
- Acres0.212
- School DistrictOther
- Square Feet2883
- Year Built1964
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: George Wilson (#ML159630)
Listing Office: David Lyng Real Estate (#ML39313)
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