This four-unit property is a rare opportunity to invest in a prime location that captures the essence of California coastal living! Whether you're a seasoned investor or a first-time buyer, the combination of location, income potential, and development possibilities makes this property an exceptional find. Each unit is separately metered, providing convenience and autonomy for tenants while maximizing your investments profitability. The expansive lot offers endless opportunities for further development. Consider adding more units, creating a communal garden, or building luxury outdoor spaces for tenants.
For sale
Price cut: $149K (6/4)
$1,650,000
1621 Capitola Rd, Santa Cruz, CA 95062
--beds
--baths
2,400sqft
Est.:
Quadruplex,
Built in 1949
-- sqft lot
$1,534,800 Zestimate®
$688/sqft
$-- HOA
What's special
Communal gardenExpansive lotLuxury outdoor spaces
- 139 days
- on Zillow |
- 510 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 02:21am
Listed by:
Chuck Fischer 00755878 831-818-8148,
El Camino Realty,
Garrett Fischer 01946424 831-840-7608,
El Camino Realty
Source: MLSListings Inc,MLS#: ML81998834

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Kitchen
- Features: Countertop_Formica, Countertop_Granite
Heating
- Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Microwave, Oven/Range, Refrigerator, Washer/Dryer
Features
- Flooring: Tile
- Doors: None
- Windows: Other
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Garage spaces: 4
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
- Has view: Yes
- View description: None
Lot
- Size: 0.35 Acres
- Features: Mostly Level
Details
- Additional structures: Sheds
- Parcel number: 02615177000
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Quadruplex,
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Condition
- Year built: 1949
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Santa Cruz
Financial & listing details
- Price per square foot: $688/sqft
- Tax assessed value: $1,079,158
- Annual tax amount: $16,522
- Date on market: 3/20/2025
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: Other, OvenRangeAllUnits
- Lease term: Month To Month
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