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    Five-Unit Income Property with Parking
    Updated: Jun 1
    Five-Unit Income Property with Parking

    420 Capitola Road EXT, Santa Cruz, CA 95062

    $3,800,000
    4,530 sqft 0.94 AC lot
    Five residential units across three structures, including a 3BR/2BA single‑family home with attached studio (420A).
    Detached 1BR/1BA home (422) plus a duplex with two units: 2BR/1BA (422A) and 2BR/1.5BA (424) sharing one wall.
    Off‑street parking with covered parking plus a shared laundry area for residents.
    Built in 1950 with forced air heating and a composition roof.
    Parcel primarily designated Urban Medium Residential and zoned RM‑4, with a vacant rear portion for potential future development (buyer to verify).
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    This listing looks promising.

    Here's a quick look at some key insights for

    420 Capitola Road EXT, SANTA CRUZ, CA 95062

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $126K
      Annual

    • Price @ 7% Cap

      $1.8M
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1934
    View Property Analytics
    Oceanfront Multifamily Residence
    Updated: Jul 16
    Oceanfront Multifamily Residence

    100 Oakland, Capitola, CA 95010

    $6,495,000
    3,100 sqft 0.14 AC lot
    Oceanfront property in Capitola’s Depot Hill with panoramic views across Monterey Bay
    Remodeled main residence features high ceilings, open‑concept living, and a wraparound deck
    Ocean‑view bedrooms open to an oceanfront patio with a fire pit; private courtyard includes a hot tub
    Includes a private studio with fireplace, Murphy bed, bath, and laundry with its own entrance or deck access
    Detached triplex with 2 studios and a 1‑bedroom unit, all with ocean views plus outdoor space
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    Fully Occupied Multifamily Income Property
    Fully Occupied Multifamily Income Property

    5601 Freedom BLVD, Aptos, CA 95003

    $5,999,999
    31.00 AC lot

    Fully tenant-occupied multifamily property with 12 rental units and an on-site commercial/art studio with creative bays.

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    5-Unit Cape Cod Apartment Building
    5-Unit Cape Cod Apartment Building

    208 Terrace Way, Capitola, CA 95010

    $2,749,000
    3,155 sqft

    Five-unit Cape Cod building with renovated interiors and ocean views in a walkable Capitola Village setting.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multifamily Income Property with Parking
    Multifamily Income Property with Parking

    420 Capitola Road Extension, Santa Cruz, CA 95062

    $3,800,000
    4,530 sqft

    Five-unit residential property with covered parking and a vacant rear portion for potential redevelopment in RM-4 zoning.

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    Mixed-Use Income Property with New Roof
    Mixed-Use Income Property with New Roof

    80 Porter Drive A, Watsonville, CA 95076

    $3,100,000
    11,867 sqft

    Income-producing mixed-use building with residential units above long-term commercial tenants and a new 30-year roof.

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    Santa Cruz Mountains Income Opportunity
    Santa Cruz Mountains Income Opportunity

    9969 Alba Road, Ben Lomond, CA 95005

    $695,000
    2,263 sqft 1.00 AC lot

    Multi-unit residential property with development potential in Ben Lomond.

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    Fully Leased Nine-Unit Apartment Building
    Fully Leased Nine-Unit Apartment Building

    2643 Mar Vista Drive, Aptos, CA 95003

    $3,765,000

    Nine fully leased residences include eight two-bedroom units and one studio, generating strong in-place monthly rental income.

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    Downtown Mixed-Use Building with Retail
    Downtown Mixed-Use Building with Retail

    1114 Pacific AVE, Santa Cruz, CA 95060

    $7,995,000

    Four-story mixed-use property with ground-floor retail/restaurant and studio units above in downtown Santa Cruz.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Santa Cruz County, CA, we suggest exploring several alternatives: similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

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    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

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    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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    Off-Market Properties in Santa Cruz County, CA

    Consider similar Off-Market properties in Santa Cruz County, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    214 Branciforte Ave, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    214 Branciforte Ave, Santa Cruz, CA 95062-3353

    Unit 1
    Value Estimation by Request
    5,285 sqft 0.23 AC lot
    View details
    2303 Portola Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    2303 Portola Dr, Santa Cruz, CA 95062-4275

    Unit 1
    $585,000
    Estimated value
    945 sqft 0.43 AC lot
    View details
    34 Sudden St
    APARTMENT HOUSE (5+ UNITS)

    34 Sudden St, Watsonville, CA 95076-4345

    Value Estimation by Request
    1,475 sqft 0.38 AC lot
    View details
    9801 Hwy 9th 9
    APARTMENT HOUSE (5+ UNITS)

    9801 Hwy 9th 9, Ben Lomond, CA 95005-9281

    $1,750,000
    Estimated value
    4.34 AC lot
    View details
    120 Trinity St
    APARTMENT HOUSE (5+ UNITS)

    120 Trinity St, Santa Cruz, CA 95060-5090

    Value Estimation by Request
    1,560 sqft 0.27 AC lot
    View details
    137 Calabasas Rd, Unit D
    APARTMENT HOUSE (5+ UNITS)

    137 Calabasas Rd, Watsonville, CA 95076-1134

    Unit D
    Value Estimation by Request
    1,241 sqft 0.71 AC lot
    View details
    3440 Maplethorpe Lnb
    APARTMENT HOUSE (5+ UNITS)

    3440 Maplethorpe Lnb, Soquel, CA 95073-2949

    Value Estimation by Request
    1,079 sqft 1.56 AC lot
    View details
    129 Atkinson Lnd
    APARTMENT HOUSE (5+ UNITS)

    129 Atkinson Lnd, Watsonville, CA 95076-2138

    $880,000
    Estimated value
    738 sqft 0.49 AC lot
    View details
    317 Walnut Ave, Unit A
    APARTMENT HOUSE (5+ UNITS)

    317 Walnut Ave, Santa Cruz, CA 95060-3651

    Unit A
    $1,445,000
    Estimated value
    6,374 sqft 0.36 AC lot
    View details
    14251 Big Basin Way, Unit 4
    APARTMENT HOUSE (5+ UNITS)

    14251 Big Basin Way, Boulder Creek, CA 95006-9224

    Unit 4
    Value Estimation by Request
    956 sqft 1.31 AC lot
    View details
    140 Vernon St, Unit 18
    APARTMENT HOUSE (5+ UNITS)

    140 Vernon St, Santa Cruz, CA 95060-2149

    Unit 18
    $6,045,000
    Estimated value
    9,399 sqft 0.54 AC lot
    View details
    610 Pacific Ave, Unit 7
    APARTMENT HOUSE (5+ UNITS)

    610 Pacific Ave, Santa Cruz, CA 95060-4447

    Unit 7
    $880,000
    Estimated value
    3,752 sqft 0.11 AC lot
    View details
    21615 Clf Dr, Unit 4
    APARTMENT HOUSE (5+ UNITS)

    21615 Clf Dr, Santa Cruz, CA 95062-4951

    Unit 4
    $1,275,000
    Estimated value
    1,624 sqft 0.14 AC lot
    View details
    6034 Soquel Dr
    APARTMENT HOUSE (5+ UNITS)

    6034 Soquel Dr, Aptos, CA 95003-3115

    $560,000
    Estimated value
    1,467 sqft 0.89 AC lot
    View details
    130 Bch Std
    APARTMENT HOUSE (5+ UNITS)

    130 Bch Std, Watsonville, CA 95076-4556

    Value Estimation by Request
    1,727 sqft 0.57 AC lot
    View details

    Santa Cruz County, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Santa Cruz County, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,445 square feet of properties for sale, with an estimated market value of $20,639,000.

    Sale prices for two-family homes in Santa Cruz County, CA start at $695,000, averaging $3,439,833, and reaching up to $6,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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