511 Capitola AVE, Capitola, CA 95010

$1,500,000
2,065
SqFt

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List Price
$1,500,000
MLS#
ML82059281
Status
ACTIVE
Type
Multifamily
Living Area
2,065
Neighborhood
Capitola

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

Year Built
1897
Sewer
Sewer - Public

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Calculator source: Real Geeks

Courtesy of Bailey Properties, Wilhelm Zilliacus.

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