Bought with Andy Kay • eXp Realty of California Inc
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2945 Capitola RD Santa Cruz, CA 95062
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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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