511 Capitola Avenue, Capitola, CA 95010

$1,500,000
2,065
SqFt

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List Price
$1,500,000
Status
ACTIVE
MLS#
ML82059281
Year Built
1897
Living Sq. Ft
2,065
Lot Size
3,877
Acres
0.09
Days on Market
0
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

This duplex offers a unique combination of space, location, and potential in the heart of Capitola Village. Rarely does a property of this size become available in such a prime location. Enjoy the ultimate Capitola Village lifestyle with the beach, local boutiques, restaurants, and grocery stores just a short stroll away.While being within easy walking distance of the action, the property is positioned just outside the main thoroughfare, providing a peaceful retreat from the hustle and bustle. This property is an ideal choice for investors or those looking for a versatile living arrangement. While the home retains much of its original charm and is ready for a modern touch, it offers a fantastic blank canvas for a new owner to customize the space and significantly add value. The garage presents a great opportunity, with some TLC, it can be restored to full functionality, providing highly coveted, private off-street parking. The current long-term tenants are happy to stay, offering immediate, reliable income for a new owner looking for a rental investment. Whether you are looking to add something special to your portfolio or secure a foothold in one of the coast's most desirable cities, this duplex presents a rare and versatile opportunity.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Other
High School
Soquel
Attached Structure
Detached
Gross Scheduled Income
$64,800

Listing courtesy of Listing Agent: Wilhelm Zilliacus (wpzilli@sbcglobal.net) from Listing Office: Bailey Properties.

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Calculator source: Real Geeks

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.