OFF MARKET

Off Market Dec 2017 for $1.5M

$1,931,111

•

3,284

sq ft

2865 Capitola Rd, Santa Cruz, CA 95062

About this home

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!

Multi-familyProperty Type

1965Year Built

0.33 acresLot Size

$588Est. Price/Sq.Ft.

8 spacesParking

Listed by Scott C. Poncetta •DRE #01497030 • KW Bay Area Estates

Contact: 408-757-1007

Bought with David Propach •DRE #01926166 • Coldwell Banker Realty

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81682377

Redfin Estimate

$1,931,111

$356K since sold in December 2017$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.3% higher than the average sale price ($1.55M) of 6 comparable homes.

SOLD JAN 12, 2026
$1,651,568
A
6 beds4 baths2,359 sq ft
1330/1332 Thompson Ave, Santa Cruz, CA 95062
SOLD JUL 23, 2026
$1,525,000
B
4 beds2 baths1,648 sq ft
3325 Axford Rd, Santa Cruz, CA 95062
SOLD MAY 6, 2026
$1,450,000
C
4 beds3 baths1,902 sq ft
1245 Harper St, Santa Cruz, CA 95062
SOLD APR 13, 2026
$1,560,000
D
4 beds2 baths1,799 sq ft
1500 Dougmar Dr, Santa Cruz, CA 95062
SOLD JUL 13, 2026
$1,700,000
E
4 beds3 baths2,168 sq ft
1901 Maciel Ave, Santa Cruz, CA 95062
SOLD JUL 24, 2026
$1,435,000
F
3 beds2.5 baths1,595 sq ft
1855 Rodriguez St, Santa Cruz, CA 95062

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 95062, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.7%

+1.2% MoM

Median sale price

$1.4M

$20K MoM

Avg. days on market

13d

1 days MoM

Recently sold homes

20 MoM

New listings for sale

NEW 15 HRS AGO
$1,995,000
3 beds2 baths1,416 sq ft
462 Hampstead Way, Santa Cruz, CA 95062
EARLY ACCESS
$2,500,000
4 beds3 baths3,148 sq ft
22650 E Cliff Dr, Santa Cruz, CA 95062
EARLY ACCESS
$2,399,000
2 beds2 baths1,600 sq ft
460 Lake Ave, Santa Cruz, CA 95062
$1,650,000
2 beds2 baths1,226 sq ft
22130 E Cliff Dr Unit 2D, Santa Cruz, CA 95062
$1,649,999
4 beds3 baths2,044 sq ft
303 Windham St, Santa Cruz, CA 95062
Century 21 Affiliated
OPEN SAT, 12PM TO 5PM
$1,695,000
3 beds2.5 baths1,558 sq ft
230 Alhambra Ave, Santa Cruz, CA 95062
$3,100,000
4 beds4 baths2,303 sq ft
4355 Opal Cliff Dr, Santa Cruz, CA 95062
OPEN FRI, 4PM TO 6PM
$1,975,000
3 beds3 baths2,566 sq ft
1446 Avila Ave, Santa Cruz, CA 95062
$470,109
1 bed1 bath776 sq ft
708 Frederick St #202, Santa Cruz, CA 95062
$1,300,000
2 beds1 bath1,035 sq ft
1435 Eastcrest Ct, Santa Cruz, CA 95062
See all

Provided by Redfin

Sale history for 2865 Capitola Rd

Date

Event

Price

MLSListings #ML81682377

Dec 19, 2017

Sold

$1,575,000

$480/sq ft

Oct 30, 2017

Contingent

—

Oct 20, 2017

Listed

$1,595,000

$486/sq ft

SDMLS #301729452

Dec 19, 2017

Sold

$1,575,000

$480/sq ft

Oct 20, 2017

Listed

$1,595,000

$486/sq ft

SDMLS #301701192

Apr 21, 2015

Sold

$1,255,000

$382/sq ft

Feb 27, 2015

Listed

$1,250,000

$381/sq ft

The four unit property offers a very strong unit mix : 2, 2/1's averaging 725 sqft & 2, 3/1 units at 916 spft. Classically architected with enclosed patios & decks for each unit, newly landscaped & modeled three-bed one-bath unit. In addition there is new exterior lighting, freshly painted exterior & dual paned windows.The front of the property provides planting beds creating a garden setting that is very appealing. There is on-site laundry & eight assigned parking spaces.

MLSListings #ML81452762

Mar 6, 2015

Pending

—

Mar 5, 2015

Sold

$1,255,000

$382/sq ft

Feb 27, 2015

Listed

$1,250,000

$381/sq ft

SDMLS #301772751

Dec 31, 2014

Listing Removed

—

Jul 21, 2014

Listed

$1,195,000

$364/sq ft

MLSListings #ML80789322

Nov 3, 2008

Sold

$850,000

$259/sq ft

Jul 11, 2008

Listing Removed

—

Apr 4, 2008

Listed

$950,000

$289/sq ft

MLSListings #ML80629510

Aug 8, 2006

Sold

$1,115,000

$340/sq ft

Jun 27, 2006

Listing Removed

—

May 19, 2006

Listed

$1,150,000

$350/sq ft

MLSListings #ML80381547

May 13, 2004

Listing Removed

—

Apr 10, 2004

Sold

$999,990

$305/sq ft

Mar 5, 2004

Listed

$999,990

$305/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Santa Cruz County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 11, 2023.

Property details

Parking

Parking Information
Parking Description: Parking Area
Parking Spaces: 8

Interior

Room Information
Kitchen Description: Exhaust Fan, Hood Over Range, Oven Range, Refrigerator(s)

Interior Features
Laundry: Washer/Dryer
Flooring: Carpet, Laminate, Vinyl/Linoleum

Heating & Cooling Information
Heating: Wall Furnace

Multi-Unit Information
# of Stories: 2
# of Units in Building (Total): 4
Annual Rental Income: $108,000
Annual Gross Income: $106,920
Gross Rent Multiplier: 14.77
Gross Scheduled Income: $108,000
Total Expenses: $28,387
Vacancy Factor: 1

Unit Type 1 Information
# of Bedrooms: 3
# of Baths (Full): 1
Approx Sq. Ft.: 916
Rent: $2,500

Unit Type 2 Information
# of Bedrooms: 2
# of Baths (Full): 1
Approx Sq. Ft.: 725
Rent: $2,300

Unit Type 3 Information
# of Bedrooms: 3
# of Baths (Full): 1
Approx Sq. Ft.: 916
Rent: $2,250

Unit Type 4 Information
# of Bedrooms: 2
# of Baths (Full): 1
Approx Sq. Ft.: 725
Rent: $1,950

Exterior

Exterior Features
Roof: Other (See Remarks)
Yard/Grounds: Balcony/Patio, Barbecue Area, Courtyard, Deck, Fenced, Low Maintenance, Porch(s) (Enclosed)

Building Information
# of Buildings: 1
Style: Traditional
Subclass: Fourplex
Concrete Perimeter, Crawl Space

Property Features
Living Sq. Ft.: 3,284
Security Features: Other (See Remarks)
Special Features: Parking

Property Information
Ownership Type: Individual
Tenant Expenses: Utilities (Electric), Utilities (Gas), Utilities (Hot Water)

Land Information
Landscape Expense: $1,200

Lot Information
Lot Acres: 0.326
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: RM-3

Financial

Tax/Assessment Information
Annual Tax Amount: $19,937

Utilities

Utility Information
Meters: Separate Electric, Separate Gas, Separate Water
Sewer Septic: Sewer (Public), Sewer Connected
Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
Utility Expenses: $2,250

Water Information
Water: Public

Location

School Information
Elementary School District: Live Oak Elementary
High School: Harbor High
High School District: Santa Cruz City High

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Santa Cruz County
APN: —

Home facts updated by county records on Apr 11, 2023

Around this home

Schools

Live Oak Elementary School

Public K-5 • Assigned • 0.4mi

5/10

Shoreline Middle School

Public 6-8 • Assigned • 0.8mi

7/10

Soquel High School

Public 9-12 • Assigned • 1.5mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

6 days above 84° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

13 unhealthy days expected this year, 14 days in 30 years

Provided by First Street

Historical weather

Santa Cruz, CA • 95062

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

11 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.84M – $2.22M

Sell confidently with a local market expert in Santa Cruz. 3 minutes to get started.

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Home values near 2865 Capitola Rd

Data from public records.

Address	Redfin Estimate
2945 Capitola Rd Apartment 1, Santa Cruz, CA 8 Beds \| 4 Baths \| 2883 Sq. Ft.	$1,586,177
2875 Capitola Rd Apartment 5, Santa Cruz, CA 10 Beds \| 6 Baths \| 3284 Sq. Ft.	$1,805,455

Address	Redfin Estimate
2895 Capitola Rd Apartment 14, Santa Cruz, CA 10 Beds \| 4 Baths \| 3374 Sq. Ft.	$2,064,466
2865 Capitola Rd Apartment 1, Santa Cruz, CA 10 Beds \| 4 Baths \| 3284 Sq. Ft.	$1,891,524

Address	Redfin Estimate
2885 Capitola Rd Apartment 1, Santa Cruz, CA 10 Beds \| 4 Baths \| 3284 Sq. Ft.	$1,748,125
2935 Capitola Rd Apartment 1, Santa Cruz, CA 2 Beds \| 1 Baths \| 720 Sq. Ft.	$547,311

Property information provided by MLSListings when last listed in 2017. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 95062, CA

Sale history for 2865 Capitola Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 95062

Home values near 2865 Capitola Rd

More real estate resources