208 Capitola Avenue, Capitola, California 95010, Capitola, 95010 - bed, bath

208 Capitola Avenue, Capitola, California 95010 home-pic-0
ACTIVE$2,650,000
208 Capitola Avenue, Capitola, California 95010
0Bed
0Bath
3,542Sqft
1,786Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Coastal Location: Situated in the heart of Capitola Village, just steps from the sand, boutique shops, and restaurants, offering unparalleled access to a vibrant coastal lifestyle.
Top Cons:
Historic Property Age: Built in 1936, the property's age, despite recent remodels, may still present challenges with underlying older infrastructure or require specialized maintenance for original components.

Compared to the nearby listings

Price:$2.65M vs avg $2.10M (+$550,000)60%
Size:3,542 sqft vs avg 2,000 sqft80%
Price/sqft:$748 vs avg $1.1K20%

More Insights

Built in 1936 (89 years old).
Condition: Despite being built in 1936, this property has undergone an extensive and recent renovation since 2020, including new kitchens and bathrooms in both residential units. The images confirm modern, high-quality finishes, new stainless steel appliances, contemporary light fixtures, hardwood flooring, and efficient split AC units. All components appear virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1936
Close
-
List price
$2.65M
Original List price
$2.08M
Price/Sqft
$748
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022902
Home ConditionExcellent
Features
View-

About this home

Live, Invest & Play in the Heart of Capitola Village! Just steps from the sand and surrounded by boutique shops and restaurants, this mixed-use property offers the ultimate coastal lifestyle with outstanding flexibility and income potential. The property features two beautifully updated residential units (a 2BR/2BA and a 1BR/1.5BA) plus two commercial storefronts, creating multiple opportunities for personal use and investment. Since 2020, it has undergone an extensive remodel, including new kitchens and bathrooms in both units, upgraded appliances, fresh interior and exterior paint, a new roof, and countless other thoughtful improvements. Located within Capitola's vacation rental zone, this property gives owners the option to enjoy their own beach retreat while benefiting from short-term rental income when away. Picture starting your day with a stroll along the sand, spending afternoons browsing local boutiques or enjoying waterfront dining, and capping the evening with a concert by the sea - all just outside your door. This is more than real estate it's a chance to fully embrace the Capitola lifestyle while securing an investment in one of the most sought-after coastal communities in California. Don't wait on this one!

Condition Rating
Excellent

Despite being built in 1936, this property has undergone an extensive and recent renovation since 2020, including new kitchens and bathrooms in both residential units. The images confirm modern, high-quality finishes, new stainless steel appliances, contemporary light fixtures, hardwood flooring, and efficient split AC units. All components appear virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Premier Coastal Location: Situated in the heart of Capitola Village, just steps from the sand, boutique shops, and restaurants, offering unparalleled access to a vibrant coastal lifestyle.
Versatile Mixed-Use Income Property: Comprises two updated residential units (2BR/2BA and 1BR/1.5BA) and two commercial storefronts, providing diverse income streams and significant investment flexibility.
Extensive Recent Renovations: Underwent a comprehensive remodel since 2020, including new kitchens, bathrooms, upgraded appliances, fresh paint, and a new roof, minimizing immediate capital expenditures for a new owner.
Short-Term Rental Eligibility: Located within Capitola's vacation rental zone, allowing for lucrative short-term rental income potential from the residential units, enhancing overall profitability.
Strong Lifestyle & Investment Appeal: Offers the unique opportunity to embrace a desirable Capitola lifestyle while owning a robust income-generating asset in one of California's most sought-after coastal communities.

Cons

Historic Property Age: Built in 1936, the property's age, despite recent remodels, may still present challenges with underlying older infrastructure or require specialized maintenance for original components.
Limited Lot Size: The relatively small lot size of 1786 sqft for a mixed-use property with four units could limit outdoor space, parking options, or future expansion possibilities.
Complex Management: As a mixed-use property with multiple residential and commercial tenants, it will likely demand more intensive management and oversight compared to a simpler residential property.

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