420 Capitola Road EXT Santa Cruz, CA 95062
Multiple Dwellings / Structures - SANTA CRUZ, CA
Property size:
4,530 SFPrice / SF:
$838/SF- Added:
- Mar 18, 2026
- Days on Market:
- 45
- Last Refresh:
- May 1 at 3:06 am
Property Features for 420 Capitola Road EXT
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-4
- Bedrooms
- 8
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 7
- Parking features
- Covered
- Interior features
- None
- Standard status
- Active
- Size
- 4,530 SF
Utilities
- Heating system
- Forced Air
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1950
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kasey Hinchman License #01424163 (831) 476-0100
Listing office David Lyng Real Estate 1041 41st Ave, CA (831) 476-0100
Listing date Mar 18, 2026
MLS# ML82038869
Listing URL
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Overview
Turnkey Santa Cruz Investment Opportunity
This turnkey multi-unit investment opportunity is located 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. The 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, primarily designated Urban Medium Residential and zoned RM-4, provides potential flexibility for multi-family housing uses. The property is 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. The property size is 4530 square feet. The property is intended for use as apartment buildings, multifamily properties, and residential income properties.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -121.99361
- Latitude
- 36.980503
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five residential units with development potential in Midtown Santa Cruz.
Where is this apartment building located?
The property is located at 420 Capitola Road EXT Santa Cruz, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Turnkey multi‑unit investment property in Midtown Santa Cruz.; Five residential units provide immediate income.; Vacant rear portion offers potential for future development.
