Capitola RD Open House

Santa Cruz,CA 95062

$ 1875000

- Bed

0 Bath

2880 SqFt


OPEN HOUSE

Sun Mar 23, 12:00pm - 3:00pm 

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

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

Exterior

View Y/N No

Roof Type Composition

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Live Oak

School District Other

Others

Special Listing Condition Standard

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