About 2945 Capitola Rd
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.
Features of 2945 Capitola Rd
| MLS® # | ML81998369 |
|---|---|
| Price | $1,600,000 |
| Square Footage | 2,883 |
| Square Footage | Assessor |
| Acres | 0.21 |
| Year Built | 1964 |
| Type | Multi-Residential |
| Sub-Type | Fourplex |
| Status | Contingent |
Community Information
| Address | 2945 Capitola Rd |
|---|---|
| Area | Live Oak |
| City | SANTA CRUZ |
| County | Santa Cruz |
| State | CA |
| Zip Code | 95062 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Parking Spaces | 4 |
| Garages | No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Gas Heat, Wall Furnace |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Lot Description | Grade - Level |
|---|---|
| Roof | Composition Roof |
| Construction | Wood Frame |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | RM-3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | George Wilson |
|---|---|
| Office | David Lyng Real Estate |
| Contact Info | 831-818-3704 |