CA
Santa Cruz
SANTA CRUZ
95062
420 Capitola Road Extension
420 Capitola Road Extension, SANTA CRUZ, CA 95062
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Listing Type
Multi Family
Listing Status
Active
176
$3,800,000

Home Details for 420 Capitola Road Extension

Price
$3,800,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
4530
Year built
1950
County
Santa Cruz
Garage
Days on site
1
MLS Listing#
ML82038636
Listed By: David Lyng Real Estate - 831-429-5700
Listed By: Kasey Hinchman
Property Description

Turnkey multi-unit investment opportunity 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. 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 is primarily designated Urban Medium Residential and zoned RM-4, providing potential flexibility for multi-family housing uses. 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. Buyer to verify zoning, and development potential with appropriate government agencies.

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Property Features
  • Parking
    • Off Street
    • Oversized
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • Water Features
    • Public
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-03-14 17:10:21
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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