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420 Capitola Road, Santa Cruz, CA 95062

Santa Cruz
Local realty services provided by:CENTURY 21 Valley Properties
420 Capitola Road,Santa Cruz, CA 95062
$3,800,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,530 sq. ft.
  • Multi-family
  • Active
Listed by: kasey hinchman
Office: david lyng real estate831-429-5700
MLS#:ML82038869
Source:CRMLS

Price summary

  • Price:$3,800,000
  • Price per sq. ft.:$838.85

About this home

Turnkey multi-unit investment opportunity in a convenient Midtown Santa Cruz location. The property features five residential units across three structures plus a vacant rear portion of the parcel offering potential for future development. Unit mix includes a 3BR/2BA single-family home (420 Capitola Rd Ext) with an attached studio (420A), a detached 1BR/1BA home (422), and a duplex with a 2BR/1BA unit (422A) and a 2BR/1.5BA unit (424) sharing one wall. Additional improvements include covered parking, a shared laundry area, and several accessory structures. The parcel is primarily designated Urban Medium Residential and zoned RM-4, providing potential flexibility for multi-family housing uses. Well located near Midtown Santa Cruz, Ocean Street, Downtown, and area beaches, with convenient access to shopping, dining, and commuter routes. The property has a strong rental history and currently operates as a solid five-unit income property with ample open space and long-term upside...

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Home facts

  • Year built:1950
  • Listing ID #:ML82038869
  • Added:139 day(s) ago
  • Updated:August 01, 2026 at 11:04 AM

Rooms and interior

  • Living area:4,530 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Building area:4,530 sq. ft.
  • Lot area:0.94 Acres
  • Foundation Description:Concrete Perimenter, Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,800,000
  • Price per sq. ft.:$838.85
  • Tax amount:$13,700

Parking

  • Total parking spaces:7
  • Parking description:2 Carport Space(s), Covered, Off Street, Uncovered
  • Carport spaces:2
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Anthony Guetzoian

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