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Sold for $1,425,000
    • $1,425,000

    2945 Capitola Rd, Santa Cruz, CA 95062

    8beds
    4baths
    2,883sqft
    Quadruplex, Residential Income
    Built in 1964
    -- sqft lot
    $1,410,800 Zestimate®
    $494/sqft
    $3,713 Estimated rent

    Home value

    $1,410,800

    $1.26M - $1.59M

    $3,713/mo

    Zestimate® history
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    $3,713/mo

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    $3,713/mo

    Rent Zestimate®

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    $9,175/mo

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    $9,175/mo

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    What's special

    Private patio or deck
    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:

    Listing updated:

    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:

    , 00922383

    eXp Realty of California Inc

    Source: MLSListings Inc,MLS#: ML81998369MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    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 Square Feet
    • 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 & HOA

    Location
    • Region: Santa Cruz

    Financial & listing details

    • Price per square foot: $494/sqft
    • Annual tax amount: $16,494
    • Date on market: 3/18/2025
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    8/29/2025Sold$1,425,000-10.9%$494/sqft
    Source: MLSListings Inc #ML81998369 Report a problem
    7/7/2025Contingent$1,600,000$555/sqft
    Source: MLSListings Inc #ML81998369 Report a problem
    6/9/2025Listed for sale$1,600,000$555/sqft
    Source: MLSListings Inc #ML81998369 Report a problem
    6/4/2025Contingent$1,600,000$555/sqft
    Source: MLSListings Inc #ML81998369 Report a problem
    5/14/2025Price change$1,600,000-7.2%$555/sqft
    Source: MLSListings Inc #ML81998369 Report a problem
    4/12/2025Price change$1,725,000-8%$598/sqft
    Source: MLSListings Inc #ML81998369 Report a problem
    3/18/2025Listed for sale$1,875,000$650/sqft
    Source: MLSListings Inc #ML81998369 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95062

    Nearby homes

    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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    Estimated market value
    $1,410,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,410,800

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