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516 Capitola Avenue

Capitola, CA 95010
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Bed 3

Bed

Bath 3

Bath

SqFt1,526

Sqft

SqFt3,441

Sqft(Lot)

A rare value-add opportunity in the heart of Capitola, just minutes from Capitola Village, the beach, restaurants, and shops. This versatile triplex features three units across two structures, offering multiple possibilities for investors, owner-occupants, or buyers seeking a Capitola second home with rental income. The front building includes a 1-bedroom/1-bath unit and studio/1-bath unit, while a detached 2-bedroom/1-bath residence sits privately toward the rear. The rear unit features in-unit laundry and will be delivered vacant, creating an opportunity to renovate and make it your own while generating income from the other two units. Each unit has its own off-street parking space. Zoned MU-N (Mixed Use, Neighborhood), the property offers intriguing potential for future improvements or redevelopment, subject to City approval. Build equity through renovation, explore the property's longer-term possibilities, or reposition a well-located investment. Adjacent 2-unit property also available, creating a rare opportunity to acquire 5 units across two neighboring Capitola properties.

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Detail Ic Property Details

Property Type : Residential

Price : $1,199,000

AD Id : 91023822

MLS Id : ML82060123

Beds : 3

Lot Size : 3,441 Sqft

Living Area Size : 1,526

Year Built : 1948

County : Santa Cruz

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Roofing Information

    Composition
  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1948
    Private Pool: No

  • Lot Information

    Main Square Feet: 3441 Lot Size Acres: 0.079 Lot Size Source: Assessor Lot Size Square Feet: 3,441

  • Listing Price Information

    Listing Price: $1199000

  • Tax Information

    Parcel Number: 03509418000

  • Parking Information

    Parking Total: 3

  • School Information

    Elementary School: Junior High School: Other Senior High School: Soquel
  • Location Information

    Direction: Cross Street: Beverly WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
47th Avenue #69, Capitola, CA, 95010 $65,000 2 2 800 --
833 Sir Francis Avenue, Capitola, CA, 95010 $1,350,000 4 2 1,405 6,795 Sqft
142 Sir Francis Court, Capitola, CA, 95010 $1,495,000 4 2 1,689 6,795 Sqft
109 Cabrillo Street, Capitola, CA, 95010 $1,498,000 3 2 1,558 6,011 Sqft
300 Plum Street #77, Capitola, CA, 95010 $1,077,000 3 2 1,623 4,312 Sqft
300 Plum Street #30, Capitola, CA, 95010 $999,900 3 2 1,634 --
300 Plum Street #23, Capitola, CA, 95010 $759,000 2 2 1,440 --
100 Oakland, Capitola, CA, 95010 $6,495,000 5 -- 3,100 6,098 Sqft
100 Oakland, Capitola, CA, 95010 $6,495,000 7 7 3,100 6,098 Sqft
304 Grand Avenue, Capitola, CA, 95010 $5,350,000 4 4 2,509 4,574 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/05/2026 @ 18:01

MLS: ML82060123 LISTED BY: Greg Lukina, David Lyng Real Estate 831-438-5700 SOURCE: CRMLS

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