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2935 #1-4 Capitola RD, Santa Cruz, CA 95062

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For Sale
Sale Pending

$1,650,000

8 beds • 2,880 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $572.92
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# ML81998370

Courtesy Of David Lyng Real Estate

(831) 476-0100

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Range - Electric
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Laminate, Linoleum, Vinyl
  • Lot Size
    0.15 Acres
  • Rooms
    Kitchen

Map and Directions

Directions to 2935 #1-4 Capitola RD, Santa Cruz, CA 95062

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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