2935 #1-4 Capitola Road, Santa Cruz, CA 95062
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates



2935 #1-4 Capitola Road,Santa Cruz, CA 95062
$1,650,000
- 8 Beds
- - Baths
- 2,880 sq. ft.
- Multi-family
- Pending
Listed by:george wilson
Office:david lyng real estate
MLS#:ML81998370
Source:CA_BRIDGEMLS
Price summary
- Price:$1,650,000
- Price per sq. ft.:$572.92
About this home
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.
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Home facts
- Year built:1962
- Listing Id #:ML81998370
- Added:149 day(s) ago
- Updated:August 15, 2025 at 07:37 AM
Rooms and interior
- Bedrooms:8
- Living area:2,880 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1962
- Building area:2,880 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$572.92
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