$1,990,000

1790 48th Ave Capitola, CA 95010

Estimated payment $12,324/month

Total Views 107
9 Beds
4 Baths
3,223 Sq Ft
$617 Price per Sq Ft

Highlights

  • Deck
  • Balcony
  • Tandem Parking
  • Mission Hill Middle School Rated A-
  • Double Pane Windows
  • Air Purifier

About This Home

Welcome to this great convenient property, in the vibrant City of Capitola. Spanning over 3,223 square feet, this 4-plex offers a range of features. The property is located above the Village, with its shops, restaurants, Beach, & of course, Summer Music Concerts and Festivals. Shadowbrook Restaurant is just blocks away. Close to Freeway and 41st Ave shopping. Two upstairs units have been fully remodeled, down to the studs. The roof is only 8 years old, and insulated. The rear downstairs unit has an awesome private patio. The upstairs 3 Bedroom unit has a sunny deck. The kitchens are equipped with a variety of appliances, including an electric cooktops, built-in oven range, dishwasher, and refrigerators. The property features carpet and vinyl/linoleum flooring throughout. Coin-operated laundry facilities with washer and dryer access. Four carport spaces, with room for more parking for each.

Listing Agent

Jan Taylor

Santa Cruz Estates License #01156322 Listed on: 01/27/2026

Santa Cruz Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • Fenced
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Home Design

  • Quadruplex
  • Ceiling Insulation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,223 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Tandem Parking
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas

Listing and Financial Details

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $6,000
  • Other Expense $3,000
  • Utility Expense $2,400
  • Trash Expense $1,380
  • Operating Expense $21,487
  • Gross Income $103,336

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3223
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Formica, Countertop - Stone, Dishwasher, Exhaust Fan, Oven Range - Built-In, Oven Range - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 3223
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Low Maintenance

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Off-Street Parking, On Street, Parking Area, Tandem Parking
  • Carport Min: 4

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Air Purifier

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3877.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3877.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.26
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 6000
  • Expenses Other: 3000
  • Expenses Total: 21487
  • Expenses Utility: 2400
  • Expense Trash: 1380
  • Income Annual Gross: 103336.00
  • Income Annual Rental: 103236
  • Income Gross Scheduled: 103336
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 100
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2026 01/27/26 For Sale $1,990,000 -- $617 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82032699

MLSListings
California Santa Cruz County Capitola 95010

1790 48th Ave, Capitola, CA

For Sale

MultiFamily

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Jan Taylor
Listing Agent
Jan Taylor
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Santa Cruz Estates
(831) 480-3605