This home's estimate is 49% higher than the average sale price ($1.55M) of 6 comparable homes.
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2895 Capitola Rd, Santa Cruz, CA 95062
About this home
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.

Redfin Estimate
Market trends in 95062, CA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
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Provided by Redfin
Sale history for 2895 Capitola Rd
$670/sq ft
$685/sq ft
$257/sq ft
$271/sq ft
$295/sq ft
Great investment opportunity. 4 Units, strong rents! Central location, set back from Capitola Rd. All new vinyl widows and sliding glass doors.
$257/sq ft
$271/sq ft
Great investment opportunity. 4 Units, strong rents! Central location, set back from Capitola Rd. All new vinyl widows and sliding glass doors.
Great investment opportunity. 4 Units, strong rents! Central location, set back from Capitola Rd. All new vinyl widows and sliding glass doors.
$155/sq ft
$161/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Parking Description: Off-Street Parking, Parking Area
- Parking Spaces: 10
Interior
- Room Information
- Kitchen Description: Cooktop (Gas), Countertop (Synthetic), Exhaust Fan, Refrigerator(s)
- Heating & Cooling Information
- Heating: Gas, Wall Furnace
- Multi-Unit Information
- # of Units in Building (Total): 4
- Annual Rental Income: $159,000
- Annual Gross Income: $159,000
- Gross Rent Multiplier: 14.15
- Gross Scheduled Income: $159,000
- Other Expenses: $6,173
- Total Expenses: $42,294
- Unit Type 1 Information
- # of Bedrooms: 3
- # of Baths (Full): 1
- Rent: $3,600
- Unit Type 2 Information
- # of Bedrooms: 3
- # of Baths (Full): 1
- Rent: $3,600
- Unit Type 3 Information
- # of Bedrooms: 2
- # of Baths (Full): 1
- Rent: $2,900
- Unit Type 4 Information
- # of Bedrooms: 2
- # of Baths (Full): 1
- Rent: $3,150
Exterior
- Exterior Features
- Roof: Flat/Low Pitch
- Yard/Grounds: Backyard, Balcony/Patio, Barbecue Area
- Building Information
- # of Buildings: 1
- Subclass: Fourplex
- Concrete Grid
- Property Features
- Living Sq. Ft.: 3,284
- Property Information
- Property Primary ID: 403097
- Tenant Expenses: Utilities (Electric), Utilities (Gas)
- Land Information
- Landscape Expense: $714
- Lot Information
- Lot Acres: 0.306
- 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: $19,458
Utilities
- Utility Information
- Meters: Primary Water, Separate Electric, Separate Gas
- Sewer Septic: Sewer (Public)
- Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Trash Expense: $7,270
- Utility Expenses: $2,225
- Water Information
- Water: Public
Location
- School Information
- Elementary School District: Live Oak Elementary
- High School District: Santa Cruz City High
- Location Information
- Directions: Fourplex in back on right
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Santa Cruz County
- APN: —
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.8mi
Public 9-12 • Assigned • 1.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 84° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
13 unhealthy days expected this year, 14 days in 30 years
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.
Sell confidently with a local market expert in Santa Cruz. 3 minutes to get started.
Nearby similar homes
New listings for sale in 95062
Home values near 2895 Capitola Rd
| Address | Redfin Estimate |
|---|---|
10 Beds | 4 Baths | 3374 Sq. Ft. | $2,064,466 |
10 Beds | 4 Baths | 3284 Sq. Ft. | $1,891,524 |
| Address | Redfin Estimate |
|---|---|
10 Beds | 4 Baths | 3284 Sq. Ft. | $1,748,125 |
2 Beds | 1 Baths | 720 Sq. Ft. | $547,311 |
| Address | Redfin Estimate |
|---|---|
10 Beds | 6 Baths | 3284 Sq. Ft. | $1,805,455 |
2 Beds | 1 Baths | 720 Sq. Ft. | $548,084 |
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