Santa Cruz, CA 95062,2945 Capitola RD
Listed by George Wilson • David Lyng Real Estate
Bought with Andy Kay • eXp Realty of California Inc
$1,425,000
$1,600,000
10.9%
Est.Price: ?

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8 BD
4 BA
2,883 SqFt

2945 Capitola RD Santa Cruz, CA 95062

Est. payment /mo
SOLD DATE : 08/29/2025

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Key Details

Sold Price $1,425,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,883 sqft

Price per Sqft $494

MLS Listing ID ML81998369

Bedrooms 8

Full Baths 4

Year Built 1964

Lot Size 9,235 Sqft

Property Sub-Type Fourplex

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 Live Oak

Zoning RM-3

Interior

Heating Gas, Wall Furnace

Cooling None

Flooring Carpet, Vinyl / Linoleum

Laundry Washer / Dryer

Exterior

Parking Features Assigned Spaces, No Garage, Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Lot Description Grade - Level

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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