Last Sold Price
3,284 sqft$480/sqft
2865 Capitola Rd, Santa Cruz, CA 95062

Description

Turnkey Investment Property in Central Santa Cruz/Capitola Location! Walking distance to Capitola Mall and 41st Ave with immediate access to coffee shops, restaurants, public transportation, and Trader Joe's. Short bike ride to the beaches at Pleasure Point, Capitola Village and the Harbor. Three minutes by car to HWY 1. Great unit mix, good tenant history, 100% occupancy. Over-sized lot with room for BBQ and play area for children. Two dedicated parking spaces for each unit. Upside in rents. Lower...Turnkey Investment Property in Central Santa Cruz/Capitola Location! Walking distance to Capitola Mall and 41st Ave with immediate access to coffee shops, restaurants, public transportation, and Trader Joe's. Short bike ride to the beaches at Pleasure Point, Capitola Village and the Harbor. Three minutes by car to HWY 1. Great unit mix, good tenant history, 100% occupancy. Over-sized lot with room for BBQ and play area for children. Two dedicated parking spaces for each unit. Upside in rents. Lower income units are month to month and higher income units 1+ year leases. Rare Four Plex investment opportunity with solid tenants and returns!
LISTING CLOSED: 12/19/2017 12:00 AM

  1. Listed by Scott C. Poncetta • DRE #01497030 • Brokerage DRE #01526679 • KW Bay Area Estates • 408-757-1007

Property Details for 2865 Capitola Road

Status
MLS #
ML81682377
Days on Compass
10
Taxes
$19,937 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
RESIDENTIAL INCOME
Year Built
1965
Lot Size
0.33 AC / 14,201 SF
MLS City Name
SANTA CRUZ
Building Type
FOURPLEX
Style
Traditional
Garage Spaces
0
Parking Spaces
8
Cross Street
30th

Recent comparable sales

Median sold price

$1,600,000

Avg days on market

83

Sale-to-list ratio

88.0%

Santa Cruz, CA

9 comparable properties found

a view of a house with sitting area
1/2
1

$1,425,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,883
Square Feet
0.21
Acres
a view of a house with a garage
1/2
2

$1,475,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,880
Square Feet
0.15
Acres
a front view of house with yard and trees around
1/50
3

$1,825,000

Sold 11/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,600
Square Feet
0.38
Acres
a view of a house with a yard
1/23
4

$2,075,000

Sold 04/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,950
Square Feet
0.34
Acres
an aerial view of a city
1/58
5

$1,500,000

Sold 09/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
3,158
Square Feet
0.15
Acres
front view of a house with a yard
1/2
6

$1,425,000

Sold 01/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,964
Square Feet
0.09
Acres
a view of a house with a patio
1/2
7

$1,965,000

Sold 03/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,858
Square Feet
0.33
Acres
a front view of a house with a yard
1/30
8

$2,200,000

Sold 10/24/24

Unavailable
Bedrooms
Unavailable
Bathrooms
3,284
Square Feet
0.31
Acres
a view of a house with wooden fence and two windows
1/49
9

$1,600,000

Sold 06/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,673
Square Feet
0.24
Acres

Location

Listing Courtesy of KW Bay Area Estates, Scott C. Poncetta, DRE #01497030

Sold By Coldwell Banker Residential Brokerage, David Propach, DRE #01926166

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Building Information for 2865 Capitola Road

Stories2Residences4Year Built1965Building Size-Lot Size0.33 AC / 14,201 SF

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$9,667 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,006

Property Taxes

$1,661

HOA Dues

$0

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Property Information for 2865 Capitola Road

Features
Room Information
  • Kitchen: Exhaust Fan, Hood Over Range, Oven Range, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 3284
  • Pool: No
  • Security Features: Other
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Live Oak
  • Roof: Other
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 2865
  • Street Name: Capitola
  • Street Suffix: Road
  • Area ID: 45
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3284
  • Structure SqFt Source: Assessor
  • Age: 52
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RM-3
Location Information
  • City Limits: Yes
  • Parcel Number: 031-071-53-000
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95062
  • Elementary School District: 880
  • High School District Text: Santa Cruz City High
  • High School Text: Harbor High
Lot Information
  • Foundation: Concrete Perimeter, Crawl Space
  • Horse Property: No
  • Irrigation: Drip
  • Lot Acres: .33
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, BBQ Area, Courtyard, Deck, Fenced, Low Maintenance, Porch - Enclosed
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $19,937
  • Building Unit Total: 4
  • Capitalization Rate: 4.92
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Income Includes: Rents
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $2,000
  • Expense Landscape: $1,200
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $2,250
  • Expenses Total: $28,387
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 14.77
  • Income Annual Gross: $106,920
  • Income Annual Rental: $108,000
  • Income Gross Scheduled: $108,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 725
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,300
Unit 3 Information
  • Unit 3 Approx Square Footage: 916
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $2,250
Unit 4 Information
  • Unit 4 Approx Square Footage: 725
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,950
Unit Type 1
  • Unit Type1 Approx SqFt: 916

Property History for 2865 Capitola Road

DateEvent & SourcePriceAppreciation
Dec 19, 2017

Sold

SDMLS #ML81682377

$1,575,000
Dec 19, 2017

Sold

MLSListings #ML81682377

$1,575,000
Dec 19, 2017

Sold

EBRD #ML81682377

$1,575,000
DateEvent & SourcePrice
12/19/2017

Sold

SDMLS #ML81682377

$1,575,000
12/19/2017

Sold

MLSListings #ML81682377

$1,575,000
12/19/2017

Sold

EBRD #ML81682377

$1,575,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2865 Capitola Road

This home is within Live Oak Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alternative Family Education School
PublicK to 12

Mission Hill Middle School
Public6 to 8

Santa Cruz High School
Public9 to 12

Soquel High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2865 Capitola Road, Santa Cruz, CA 95062
$1,575,000
3,284
14,201
$1,575,000
4
3,284
14,201
$820,000
3,200
22,651
$1,300,000
6
3,284
22,651
$897,000
3,284
11,805
$897,000
4
3,284
11,805

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Bay Area Estates, Scott C. Poncetta, DRE #01497030

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.