4170 Gross Road ExtCapitola, CA 95010

Property Details for 4170 Gross Road Ext

Year built

1979

Construction

TILT-UP CONCRETE

Lot size

0.46 AC

Property size (Sq ft)

6,818 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

034-141-24

APU

3414124

Description

This fully leased 6,847 square foot executive office building in Capitola, CA, presents a compelling investment opportunity. Located at 4170 Gross Rd, the property boasts a strong 5.00% cap rate and a substantial net operating income (NOI) of $145,897.20. Built in 1979, the building sits on a 19,950 square foot lot zoned C-R (Regional Commercial) and features ample parking with 19 spaces plus two handicap-accessible spots. The property benefits from long-term tenants, all of whom have recently renewed or exercised lease options, ensuring consistent rental income. Tenants include Coast Auto Insurance (2,167 sq ft), The HOPE Program (2,280 sq ft), Solis Acupuncture (1,600 sq ft), and The Hook Outlet (800 sq ft). A dedicated roof reserve fund further enhances the property's value and provides for future maintenance. This exceptional property offers a secure investment in a desirable Capitola location, with its convenient access to Highway 1 and proximity to local businesses. The asking price is $2,917,944. The property's strong tenant base, high NOI, and favorable location make it an attractive prospect for discerning investors.

Location Insight

City

Capitola

County

Santa Cruz

State

California

Latitude

36.9808

Longitude

-121.964

CBSA code

42100

CBSA name

SANTA CRUZ-WATSONVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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