2945 Capitola Road Active

Santa Cruz,CA 95062

$ 1600000

- Bed

- Bath

2883 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,883 sqft

Price per Sqft $554

MLS Listing ID ML81998369

Year Built 1964

Lot Size 9,235 Sqft

Property Sub-Type Quadruplex

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.

Location

State CA

County Santa Cruz

Interior

Heating Natural Gas,Wall Furnace

Cooling No Air Conditioning

Building

Lot Description Level

Water Public

Schools

School District ,Live Oak Elementary

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