420 Capitola Road Extension, Santa Cruz, CA 95062
Local realty services provided by:ERA North Orange County Real Estate
Listed by: kasey hinchman831-239-3708
Office: david lyng real estate
MLS#:82038869
Source:CAREIL
Price summary
- Price:$3,800,000
- Price per sq. ft.:$838.85
About this home
Turnkey multi-unit investment opportunity in a convenient Midtown Santa Cruz location. The property features five residential units across three structures plus a vacant rear portion of the parcel offering potential for future development. Unit mix includes a 3BR/2BA single-family home (420 Capitola Rd Ext) with an attached studio (420A), a detached 1BR/1BA home (422), and a duplex with a 2BR/1BA unit (422A) and a 2BR/1.5BA unit (424) sharing one wall. Additional improvements include covered parking, a shared laundry area, and several accessory structures. The parcel is primarily designated Urban Medium Residential and zoned RM-4, providing potential flexibility for multi-family housing uses. Well located near Midtown Santa Cruz, Ocean Street, Downtown, and area beaches, with convenient access to shopping, dining, and commuter routes. The property has a strong rental history and currently operates as a solid five-unit income property with ample open space and long-term upside potential, including the possibility for future expansion or larger-scale development. Buyer to verify zoning, and development potential with appropriate government agencies....
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Home facts
- Year built:1950
- Listing ID #:82038869
- Added:1 day(s) ago
- Updated:March 18, 2026 at 04:32 PM
Rooms and interior
- Living area:4,530 sq. ft.
Heating and cooling
- Heating:Central Forced Air
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:4,530 sq. ft.
- Lot area:0.94 Acres
- Foundation Description:Concrete Perimeter, Concrete Slab
Utilities
- Water:City/Public
- Sewer:Sewer - Public
Finances and disclosures
- Price:$3,800,000
- Price per sq. ft.:$838.85
Parking
- Parking description:2 Car Carport, Covered Parking, Off Street Parking, Uncovered Parking
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