26
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$1,725,000
Est. payment /mo
2,883 SqFt
Price Dropped by $150K
2945 Capitola RD Santa Cruz, CA 95062
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,883 sqft
Price per Sqft $598
MLS Listing ID ML81998369
HOA Y/N No
Year Built 1964
Annual Tax Amount $16,494
Lot Size 9,234 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
Area 699 - Not Defined
Zoning RM-3
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet
Fireplace No
Exterior
Parking Features Uncovered
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces 4
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 03107124000
Special Listing Condition Standard
Listed by George Wilson • David Lyng Real Estate