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
MLS Source
MLSListings, Inc.
Days on Site
5
Appliances
Oven Range - Electric, Refrigerator
Flooring
Carpet, Laminate, Vinyl/Linoleum
Laundry
Hookups Only
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Concrete Perimeter
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Elementary District
Live Oak Elementary
High School District
Santa Cruz City High
Sewer
Public Sewer
Water
Public
Zoning
RM-3
Listing Agent
George Wilson
David Lyng Real Estate
License #: 00662250
Phone: (831) 818-3704
Co-Listing Agent
Jeanne Wilson
David Lyng Real Estate
License #: 00549459
Phone: (831) 818-3706
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 720 | 2 | 1/0 | $2,225 |
2 | 720 | 2 | 1/0 | $2,105 |
3 | 720 | 2 | 1/0 | $2,295 |
4 | 720 | 2 | 1/0 | $1,900 |
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Live Oak Elementary School | public | K-5 | 0.44 mi | |
Shoreline Middle School | public | 6-8 | 0.83 mi | |
Opal Cliffs | public | K-8 | 0.85 mi | N/A |
Del Mar Elementary School | public | K-5 | 0.85 mi | |
Special Education Preschool | public | UG | 0.96 mi | N/A |
Ocean Alternative Education Center | public | K-8 | 0.96 mi | |
Green Acres Elementary School | public | K-5 | 0.99 mi | |
Soquel Elementary School | public | K-5 | 1.22 mi | |
Harbor High School | public | 9-12 | 1.34 mi | |
Soquel High School | public | 9-12 | 1.45 mi | |
New Brighton Middle School | public | 6-8 | 1.45 mi | |
Santa Cruz Adult | public | UG | 1.53 mi | N/A |
De Laveaga Elementary School | public | K-5 | 1.70 mi | |
Main Street Elementary School | public | K-5 | 1.72 mi | |
Gault Elementary School | public | K-5 | 1.91 mi | |
Santa Cruz Gardens Elementary School | public | K-5 | 2.02 mi | |
Branciforte Middle School | public | 6-8 | 2.08 mi | |
Santa Cruz City Elementary Alternative Education-Monarch School | public | K-5 | 2.27 mi | |
Ark Independent Studies School | public | 6-12 | 2.27 mi | |
Alternative Family Education School | public | K-12 | 2.27 mi |
2935 #1-4 Capitola Rd is a Residential Income in Santa Cruz, CA 95062. This 2,880 square foot property sits on a 6,659 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,875,000 and was built in 1962.
This address can also be written as 2935 #1-4 Capitola Rd, Santa Cruz, CA 95062.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of March 20, 2025. For the most current information, please contact George Wilson, (831) 818-3704