Santa Cruz, CA 95062,2935 #1-4 Capitola Road
$1,475,000
Est. payment /mo
$1,650,000
10.6%
Est.Price: ?

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8 Beds
2,880 SqFt
SOLD DATE : 08/29/2025

Key Details

Sold Price $1,475,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $512

MLS Listing ID ML81998370

Sold Date 08/29/25

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 6,659 Sqft

Acres 0.15

Property Sub-Type Quadruplex

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

Zoning RM-3

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate

Fireplace No

Building

Lot Description Level

New Construction No

Schools

School District Santa Cruz City High

Others

Tax ID 03126102000

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Bridge MLS
Listed by George Wilson • David Lyng Real Estate
Bought with AndyKay

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