Sold
Last Sold Price
3,284 sqft$670/sqft
2895 Capitola Rd, Santa Cruz, CA 95062
Multi FamilyProperty Type
0.31 acresLot Size
1965Year Built
$670/sq ftPrice per sq ft
10 carsParking Spaces

Description

Upgraded and clean 4-plex in coveted Santa Cruz location. Near Capitola Mall,shopping,beaches on bus line for tenants. Rare to find 4-plex with two 3Br and two 2BR units. All have been nicely updated by current owner. Upgrades include all doublepane windows, plank flooring, paint, carpets, updated bath room with tile shower. Kitchen upgrades include shaker style cabinets,gas cooktop,updated quartz countertops. The heavy lifting of updating units and getting rents to market has been done. Solid investment....Upgraded and clean 4-plex in coveted Santa Cruz location. Near Capitola Mall,shopping,beaches on bus line for tenants. Rare to find 4-plex with two 3Br and two 2BR units. All have been nicely updated by current owner. Upgrades include all doublepane windows, plank flooring, paint, carpets, updated bath room with tile shower. Kitchen upgrades include shaker style cabinets,gas cooktop,updated quartz countertops. The heavy lifting of updating units and getting rents to market has been done. Solid investment. Income represents current rentroll annualized, expenses from 2023 bookeeper. Must see for any Santa Cruz investors.
  • Listed by: Andy Kay DRE #00922383 Brokerage DRE #01878277 • eXp Realty of California Inc 831-239-9002
Listing closed: 10/24/2024 12:00 AM • Source: MLSListings, MLS#: ML81963478

Recent comparable sales

Median sold price

$1,825,000

Avg days on market

43

Sale-to-list ratio

89.8%

Santa Cruz, CA

9 comparable properties found

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1

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Unavailable
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Square Feet
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Sold 11/13/25

Unavailable
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Square Feet
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Unavailable
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Sold 08/21/25

Unavailable
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a living room with furniture and a window
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Unavailable
Bedrooms
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Square Feet
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$1,825,000 | 570 17th Avenue, Santa Cruz, CA 95062
1/2
8

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Sold 08/19/26

Unavailable
Bedrooms
Unavailable
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Square Feet
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an aerial view of a city
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Sold 09/20/24

Unavailable
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Location

Listing Courtesy of eXp Realty of California Inc, Andy Kay, DRE #00922383

Sold By Out of Area Office, RECIP, DRE #02025353

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Principal and Interest

$11,182

Property Taxes

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Property Information for 2895 Capitola Road

Property Details
  • Taxes: $19,458 / year
  • MLS Type: RESIDENTIAL INCOME / Fourplex
  • MLS City Name: SANTA CRUZ
  • Building Type: FOURPLEX
  • Garage Spaces: 0
  • Parking Spaces: 10
Building Information
  • Residences: 4
  • Year Built: 1965
  • Lot Size: 0.31 AC / 13,329 SF
Features
Room Information
  • Kitchen: Cooktop - Gas, Countertop - Synthetic, Exhaust Fan, Refrigerator
Features
  • Fireplace: No
  • Living SqFt: 3284
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Street Parking, Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Live Oak
  • Roof: Flat / Low Pitch
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 2895
  • Street Name: Capitola
  • Street Suffix: Road
  • Area ID: 45
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 3284
  • Structure SqFt Source: Assessor
  • Age: 59
Development Information
  • Zoning Detail: RM-3
Location Information
  • Directions: Fourplex in back on right
  • Parcel Number: 031-071-26-000
  • 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
Lot Information
  • Foundation: Concrete Grid
  • Horse Property: No
  • Lot Acres: .31
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio, BBQ Area
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $19,458
  • Building Unit Total: 4
  • Capitalization Rate: 5.19
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,214
  • Expense Landscape: $714
  • Expense Maintenance: $5,240
  • Expense Management: $0
  • Expense Trash: $7,270
  • Expenses Other: $6,173
  • Expenses Utility: $2,225
  • Expenses Total: $42,294
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 14.15
  • Income Annual Gross: $159,000
  • Income Annual Rental: $159,000
  • Income Gross Scheduled: $159,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,600
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,600
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,900
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $3,150

Property History for 2895 Capitola Road

DateEvent & SourcePriceAppreciation
Oct 24, 2024

Sold

MLSListings #ML81963478

$2,200,000
Oct 24, 2024

Sold

EBRD #ML81963478

$2,200,000
Sep 24, 2024

Pending

MLSListings #ML81963478

DateEvent & SourcePrice
10/24/2024

Sold

MLSListings #ML81963478

$2,200,000
10/24/2024

Sold

EBRD #ML81963478

$2,200,000
09/24/2024

Pending

MLSListings #ML81963478

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

Schools near 2895 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

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Listing Courtesy of eXp Realty of California Inc, Andy Kay, DRE #00922383

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.