Bought with Andy Kay • eXp Realty of California Inc
$2,900,000
$3,250,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
5,763 SqFt
SOLD DATE : 08/29/2025
Key Details
Sold Price $2,900,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,763 sqft
Price per Sqft $503
MLS Listing ID ML81998582
Sold Date 08/29/25
Bedrooms 8
Full Baths 4
Year Built 1962
Lot Size 0.365 Acres
Property Sub-Type Five or More Units
Property Description
Investment opportunity near Capitola! Two adjacent fourplexes available on separate parcels! An incredible opportunity to own one or both of these well-located fourplexes. Each property features four 2-bed, 1-bath units (720 sq ft each), offering strong rental potential and a prime coastal lifestyle just 1.5 miles from the beach and near the world-famous Pleasure Point surf spot. 2935 Capitola Road Highlights: 4 assessor parcels- legal description as condominiums: Three updated units. Private patio or deck for each unit. Upside potential for investors! 2945 Capitola Road Highlights: One updated unit. Private patio or deck for each unit. Shared laundry room. Upside potential to add value Both properties are steps from shopping, dining, and entertainment at 41st Avenue and Capitola Mall, making them highly desirable rental investments. Buy one or both. A rare chance to expand your portfolio in a sought-after beachside community!
Location
State CA
County Santa Cruz
Area Live Oak
Zoning RM-3
Interior
Heating Gas, Wall Furnace
Cooling None
Exterior
Parking Features Assigned Spaces, No Garage, Uncovered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition
Building
Lot Description Grade - Level
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 031-261-3
Security Features None
Special Listing Condition Not Applicable
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 MLSListings Inc. All rights reserved.
GET MORE INFORMATION
Agent | Lic# CalBRE: 01336392