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Residential Income - 518 Capitola Avenue, Capitola, CA

$1,699,000

518 Capitola Avenue, Capitola, CA

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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.

Property details

Square feet
2,239
Year built
1999
Property type
Residential Income
Lot size
4,008 sqft

Location

518 Capitola Avenue • Capitola, CA 95010

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Listed by

Greg Lukina · David Lyng Real Estate

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