420 Capitola Road Extension, Santa Cruz, CA 95062

Building Details

Year Built

1950

Listing office David Lyng Real Estate k***@davidlyng.com Show Phone

Listing date Mar 21, 2026

Source Exitrealty

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Overview

This turnkey multifamily property contains five residential units across three structures, plus a vacant rear portion of the parcel. The unit mix includes a 3BR/2BA single-family home with an attached studio (420 Capitola Rd Ext, identified as 420A), a detached 1BR/1BA home (422), and a duplex with two shared-wall units: 2BR/1BA (422A) and 2BR/1.5BA (424). The property also includes covered parking, a shared laundry area, and several accessory structures, supporting straightforward day-to-day operations.

The parcel is designated Urban Medium Residential and zoned RM-4. It is located in Midtown Santa Cruz with convenient access to shopping, dining, and commuter routes, and is described as being near Ocean Street, Downtown, and area beaches.

For buyers and operators, the configuration offers a compact income profile with a mix of single-family and duplex-style layouts, along with covered parking and shared laundry. The vacant rear portion provides space that may support future development planning; the buyer should verify zoning and development potential with the appropriate government agencies.

Suggested Use

Restaurant Bar & Pub Barber Shop Accounting Firm Bed & Breakfast Parking Lot & Garage Coworking & Hybrid Office Pet Store Shopping Center & Mall Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Santa Cruz

County

Santa Cruz

State

California

Longitude

-121.99361

Latitude

36.980503

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FAQs

What type of property is this?

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

Where is this apartment building located?

The property is located at 420 Capitola Road Extension 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: Five residential units across three structures, plus a vacant rear portion of the parcel with potential for future development; Unit mix includes: 3BR/2BA single‑family (420 Capitola Rd Ext) with attached studio (420A), detached 1BR/1BA home (422), and duplex (422A & 424); Duplex units are 2BR/1BA (422A) and 2BR/1.5BA (424), sharing one wall