518 Capitola Avenue, Capitola, CA 95010

$1,699,000
2,239
SqFt

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List Price
$1,699,000
Status
ACTIVE
MLS#
ML82060133
Year Built
1999
Living Sq. Ft
2,239
Lot Size
4,008
Acres
0.09
Days on Market
5
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Rare opportunity to own two detached residences on one property in the heart of Capitola, just minutes from Capitola Village, the beach, restaurants, and shops. Unlike a traditional duplex, each home is its own separate structure, offering exceptional privacy and flexibility with no shared living walls and no one living above or below. Both residences feature 2 bedrooms, 2 full baths, an attached 1-car garage, and in-unit laundry. Each has a bedroom and full bath on the ground floor, while upstairs the kitchen opens to the living and dining areas alongside a spacious primary suite. Unit B is enhanced by vaulted ceilings and a private deck, adding to its open and airy feel. Unit A is currently tenant occupied, while Unit B is owner occupied, providing future flexibility for an owner-user. Live in one and rent the other, enjoy a Capitola getaway with built-in income, or add a unique coastal property to your investment portfolio. A special opportunity to enjoy the Capitola lifestyle just moments from the Village. Adjacent property also available, creating a rare opportunity to acquire two neighboring income properties totaling five units in Capitola.

Additional Information

Taxes
$18,900
Heat
Central
Cooling
Yes
Cooling Description
None
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Other
Middle School
Other
High School
Soquel
Attached Structure
Detached
Gross Scheduled Income
$88,800

Listing courtesy of Listing Agent: Greg Lukina (glukina@davidlyng.com) from Listing Office: David Lyng Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.