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Five-Unit Income Property with Parking

420 Capitola Road EXT Santa Cruz, CA 95062

Claim this Listing
For Sale
$3,800,000

MULTI_FAMILY - SANTA CRUZ, CA

Property size:
4,530 SF
Lot size:
0.94 Acres
Price / SF:
$838/SF
Added:
Jun 1, 2026
Days on Market:
42
Last Refresh:
Jul 12 at 12:06 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 7, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 8
Parking
7
Parking features
Off Street, Covered
Standard status
Active
Size
4,530 SF
Lot size
0.94 Acres

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1950
Roof type
Composition

Listing agent Kasey Hinchman License #01424163

Listing office David Lyng Real Estate 1041 41st Ave, CA

Listing date Jun 1, 2026

MLS# ML82038869 Listing URL

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey income property includes five residential units across three separate structures. The configuration features a 3BR/2BA single-family home with an attached studio, a detached 1BR/1BA home, and a duplex containing two units that share one wall. On-site amenities include covered parking and a shared laundry area, along with several accessory structures. A portion of the parcel is currently vacant at the rear.

The parcel is zoned RM-4 and is primarily designated Urban Medium Residential, and the seller notes potential flexibility for multi-family housing uses. The property is described as being in convenient Midtown Santa Cruz, with access to shopping, dining, and commuter routes, and proximity to Downtown and area beaches.

Buyer and tenant considerations should include verifying zoning and any development potential with the appropriate government agencies.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Parking Lot & Garage Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Garden Center Accounting Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Store

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

FAQs

What type of property is this?
Apartment building - Turnkey five-unit residential property across three structures with covered parking and shared laundry space.
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: 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.
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