20
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$1,875,000
Est. payment /mo
2,880 SqFt
Active
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 2,880 sqft
Price per Sqft $651
MLS Listing ID ML81998370
HOA Y/N No
Year Built 1962
Annual Tax Amount $13,522
Lot Size 6,660 Sqft
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
Area 699 - Not Defined
Zoning RM-3
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplace No
Appliance Refrigerator
Exterior
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces 8
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Live Oak
School District Other
Others
Tax ID 03126102000
Special Listing Condition Standard
Listed by George Wilson • David Lyng Real Estate