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$1,475,000

  • Sold
  • Closed
  • Multi-Family
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Located near Capitola, this fourplex presents an outstanding investment opportunity with upside potential. Three of the four 2-bedroom, 1-bath units have been updated, offering modernized living spaces. Each 720 sq. ft. unit features a private patio or deck, creating a comfortable outdoor retreat for tenants. Originally built as a fourplex, a condominium map was recorded in 1981. The property is described as four assessor parcels classified as condominiums, adding flexibility and potential value. Conveniently situated within walking distance to Capitola Mall, local restaurants, and 41st Avenue, this property ensures a highly desirable lifestyle for tenants. Additionally, it's less than 1.5 miles the world-famous Pleasure Point surf spot, making it a sought-after rental location. For those looking to expand their portfolio, the adjacent fourplex at 2945 Capitola Road is also available for sale, creating a rare opportunity to own two income-producing properties side by side with conventional loans.

Full Property Details for 2935 Capitola Rd #1-4

General

  • Sold For: $1,475,000
  • Status: Closed
  • Type: Multi-Family
  • Source: RE_Infolink
  • MLS ID: ML81998370
  • Added to Site: 305 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Electric Oven/Range, Refrigerator
  • Laundry: Hookups Only

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Parking Features: Assigned Spaces

Location

  • Area: Live Oak
  • County: Santa Cruz
  • Cross Streets: 30th Ave

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Disability Access: None
  • Square Feet: 2,880
  • Year Built: 1962

Unit Information

Unit 1

  • Square Feet: 720
  • Bedrooms: 2

Unit 2

  • Square Feet: 720
  • Bedrooms: 2

Unit 3

  • Square Feet: 720
  • Bedrooms: 2

Unit 4

  • Square Feet: 720
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1529
  • Minimum Lot Size: 6659
  • Lot Size (Sq. Ft.): 6,659
  • Building Sites: 1
  • Zoning: RM-3
  • Lot Description: Level

Listed by David Lyng Real Estate, George Wilson and David Lyng Real Estate, Jeanne Wilson
Sold by Expca, Andy Kay

Listing agents

— 2935 Capitola Rd #1-4 —

  • George Wilson

    David Lyng Real Estate

  • Jeanne Wilson

    David Lyng Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2935 Capitola Rd #1-4

School Districts:Live Oak Elementary School District, Santa Cruz City High School District
NameGradesDistance
Mission Hill Middle School
425 King Street, Santa Cruz, CA 95060
7-83.5 mi
Harbor High School
300 La Fonda Avenue, Santa Cruz, CA 95062
9-121.3 mi
Soquel High School
401 Soquel San Jose Road, Soquel, CA 95073
9-121.4 mi
Santa Cruz High School
415 Walnut Avenue, Santa Cruz, CA 95060
9-123.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2935 Capitola Rd #1-4

Date
Details
Price
Change
Source
8/29/2025
Sold
$1,475,000
-10.61%
MLS
5/14/2025
Price Reduced
$1,650,000
-7.04%
MLS
4/12/2025
Price Reduced
$1,775,000
-5.33%
MLS
3/18/2025
Listed
$1,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by David Lyng Real Estate, George Wilson and David Lyng Real Estate, Jeanne Wilson
Sold by Expca, Andy Kay

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Recent Sales near 2935 Capitola Rd #1-4

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2935 #1-4 Capitola Rd, Santa Cruz, CA 95062 (MLS# ML81998370) is a Multi-Family property that was sold at $1,475,000 on August 29, 2025. Want to learn more about 2935 #1-4 Capitola Rd? Do you have questions about finding other Multi-Family real estate for sale in Live Oak? You can browse all Live Oak real estate or contact a Coldwell Banker agent to request more information.