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Sold for $1,425,000 on 08/29/25
  • $1,425,000

    2945 Capitola Rd, Santa Cruz, CA 95062

    --beds
    --baths
    2,883sqft
    Quadruplex, Residential Income
    Built in 1964
    -- sqft lot
    $1,393,900 Zestimate®
    $494/sqft
    $3,520 Estimated rent

    Home value

    $1,393,900

    $1.24M - $1.56M

    $3,520/mo

    Zestimate® history
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    $3,520/mo

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    $8,840/mo

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    $8,840/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: August 30, 2025 at 06:11am

    Listed by:

    George Wilson 00662250 831-818-3704,

    David Lyng Real Estate 831-475-8111,

    Jeanne Wilson 00549459 831-818-3706,

    David Lyng Real Estate

    Bought with:

    Andy Kay, 00922383

    eXp Realty of California Inc

    Source: MLSListings Inc,MLS#: ML81998369MLS Logo

    Facts & features

    Interior

    Heating
    • Gas, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Washer/Dryer
    Features
    • Flooring: Carpet, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 2,883
    • Total interior livable area: 2,883 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, No Garage
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 9,235 sqft
    • Features: Level
    Details
    • Parcel number: 03107124000
    • Zoning: RM-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1964

    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 & neighborhood

    Location
    • Region: Santa Cruz

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    8/29/2025Sold$1,425,000$494/sqft
    Source: MLSListings Inc #ML81998369 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95062

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: LiveOakElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,393,900
    2% more+ $27,878
    With Zillow Showcase(estimated)
    $1,421,778