177
See all 176 photos
Listed by Kasey Hinchman • David Lyng Real Estate, DRE#01424163
$3,800,000
Est. payment /mo
8 Beds
6.5 Baths
4,530 SqFt
Active
420 Capitola Road EXT Santa Cruz, CA 95062
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,530 sqft
Price per Sqft $838
MLS Listing ID ML82038636
Bedrooms 8
Full Baths 6
Half Baths 1
Year Built 1950
Lot Size 0.935 Acres
Property Sub-Type Five or More Units
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.
Location
State CA
County Santa Cruz
Area Live Oak
Zoning RM-4
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Off-Street Parking, Room for Oversized Vehicle
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter, Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 026-081-45-000
Security Features None
Special Listing Condition Not Applicable
Virtual Tour https://my.matterport.com/show/?m=w1h6R9d3j2m&mls=1
© 2026 MLSListings Inc. All rights reserved.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH
POPULAR BAY AREA CITIES
- San Francisco
- Daly City
- South San Francisco
- Millbrae
- Belmont
- Brisbane
- Burlingame
- Daly City
- East Palo Alto
- Foster City
- Half Moon Bay
- Hillsborough
- Menlo Park
- Pacifica
- Redwood City
- San Bruno
- San Carlos
- San Mateo
- Alameda
- Albany
- Berkeley
- Dublin
- Emeryville
- Fremont
- Hayward
- Livermore
- Newark
- Oakland