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$1,425,000
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Property Description
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.
Full Property Details
Full Property Details for 2945 Capitola Rd
General
- Sold For: $1,425,000
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML81998369
- Added to Site: 304 day(s) ago
Interior
- Flooring: Carpet, Vinyl / Linoleum
Rooms
Other Rooms
- Laundry: Washer / Dryer
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Assigned Spaces, No Garage, Uncovered Parking
Location
- Area: Live Oak
- County: Santa Cruz
- Cross Streets: 30th Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, 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: 2,883
- Year Built: 1964
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): 0.212
- Minimum Lot Size: 9235
- Lot Size (Sq. Ft.): 9,235
- 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
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Schools
Schools serving 2945 Capitola Rd
School Districts:Live Oak Elementary School District, Santa Cruz City High School District
| Name | Grades | Distance |
|---|---|---|
Mission Hill Middle School 425 King Street, Santa Cruz, CA 95060 | 7-8 | 3.5 mi |
Harbor High School 300 La Fonda Avenue, Santa Cruz, CA 95062 | 9-12 | 1.3 mi |
Soquel High School 401 Soquel San Jose Road, Soquel, CA 95073 | 9-12 | 1.4 mi |
Santa Cruz High School 415 Walnut Avenue, Santa Cruz, CA 95060 | 9-12 | 3.2 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 2945 Capitola Rd
Date
Details
Price
Change
Source
8/29/2025
Sold
$1,425,000
-10.94%
MLS
5/14/2025
Price Reduced
$1,600,000
-7.25%
MLS
4/12/2025
Price Reduced
$1,725,000
-8%
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.
2945 Capitola Rd, Santa Cruz, CA 95062 (MLS# ML81998369) is a Multi-Family property that was sold at $1,425,000 on August 29, 2025. Want to learn more about 2945 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.

