518 Capitola Ave , Capitola, CA 95010
$1,699,000
Est. Payment: $9,324.75/mo
4 Bed
2239 Sqft
0.09 Acres
Status: Active | Days on site: 23
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ML35384 - ML5072718,ML123945
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House 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.

Highlights

Listed by Greg Lukina , 831-600-5581 and Derek Fenster , 831-588-4773 David Lyng Real Estate , (831) 438-5700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1999

County

Santa Cruz

Area

699 - Not Defined

School District

Other

Listing ID

ML82060133

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:2
Zoning:MU-N
Roof:Composition
Sewer:Public Sewer
Principal Interest
$9,325
Taxes
$1,575

Home Price

$1,699,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$339,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,324.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,324.75 $1,575.00 $0.00 $10,899.75
Yearly $111,896.96 $18,900.00 $0.00 $130,796.96
Total $3,356,908.84 $567,000.00 $0.00 $3,923,908.84

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Capitola, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T11:10:31.000Z

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