Capitola Road
Santa Cruz, CA 95062
2880 sqft | 0.15 acres | #ML81998370
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.
Property Details
- FoundationConcretePerimeter
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountySanta Cruz
- Original List Price$1,875,000
- MLS #ML81998370
- Property SubtypeQuadruplex
- MLS #ML81998370
- Elementary SchoolLive Oak
- Taxes Annual$13,522
- Cost1775000
- Acres0.1529
- Utility SourcePublic
- Lot DescriptionLevel
- School DistrictOther
- Square Feet2880
- Year Built1962
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: George Wilson (#ML159630)
Listing Office: David Lyng Real Estate (#ML39313)
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