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… Read More 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. Read Less
Courtesy of David Lyng Real Estate, George Wilson 831-818-3704
Listing Snapshot
Days Online
144
Last Updated
Property Type
Fourplex
Square Ft.
2,883
Lot Size
0.21 Acres
Year Built
1964
MLS Number
ML81998369
30 Days Snapshot Of 95062
$1.74M
-9%
(avg) sold price
11
-52%
homes sold
39
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 9235.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 720 square feet, Unit 1 rent: $2,000
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 720 square feet, Unit 2 rent: $2,390
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 720 square feet, Unit 3 rent: $1,965
Unit Four
2 bedrooms in unit 4, Unit 4: approximately 720 square feet, Unit 4 rent: $2,215
Accessibility Features
None
Building
Built in 1964, 4 building units, 1 building, 2,883 structure square feet
Roof
Composition
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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