4855 Crystal Street, Capitola, California 95010, Capitola, 95010 - 2 bed, 1 bath
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4855 Crystal Street
Capitola, California 95010
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,023Sq Ft
6,447Lot Size
Property Price
LIST PRICE$1,800,000
EST. MARKET VALUE
$1,647,587
9% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,800,000—positioned well below the $1,647,588 Fair Market Value by -9%. Featuring a Dual-Unit Configuration on an oversized lot in the Jewel Box neighborhood, this asset offers significant rental income potential. With a Condition Rating of 5, the vintage 1930s structures require comprehensive renovation to modernize systems. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal project with long-term appreciation potential.
Estimated Market Value
$1,647,587
Based on Realkey algorithm analyzing recent comparable sales in Capitola.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4855 Crystal Street Subject | $1,800,000* List Price | 2 | 1 | 1,023 | $1,611 | - |
A 525 Riverview Drive Active | $1,775,000 List Price | 3 | 2 | 1,300 | $1,365 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Originally built in 1930, the property shows significant signs of age with interior finishes—including wood-paneled walls, dated kitchen cabinetry with textured glass, and older carpeting—suggesting no major renovations in over 30 years. While currently functional, the home requires a comprehensive rehab of its primary systems and aesthetic finishes to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Configuration
The property features two separate detached homes on a single lot, providing exceptional flexibility for rental income, multi-generational living, or a guest house setup.
- Prime Coastal Location
Situated in the highly desirable 'Jewel Box' neighborhood of Capitola, the property offers walking distance proximity to beaches, Capitola Village, and local dining.
- Oversized Lot Potential
The 6,447 square foot lot is generous for this coastal area, offering rare space and versatility for future development or outdoor lifestyle enhancements.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1930, the homes may require significant capital investment for modern upgrades, structural maintenance, or system replacements to meet current standards.
- Limited Interior Scale
Both residences are relatively small 2-bedroom, 1-bath configurations, which may limit appeal for buyers seeking more spacious primary living quarters or additional bathrooms.
About 4855 Crystal Street
Great opportunity in the heart of Capitola's highly desirable Jewel Box neighborhood! This unique property offers the rare combination of two homes on one lot in a prime coastal location, providing exceptional flexibility and investment potential. Conveniently located near beautiful beaches, Capitola Village, shopping, dining, and convenient commute routes, the property is ideal for multi-generational living, rental income, or an owner-occupant seeking additional versatility. 4855 Crystal Street features a 2-bedroom, 1-bath home of approximately 1,023 square feet, while 4825 Crystal Street offers a separate 2-bedroom, 1-bath home of approximately 902 square feet with attached 1 car garage. The oversized lot and two home configuration create a variety of possibilities in one of Santa Cruz County's most sought-after coastal neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 6,447 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 1.0 | 2.4 |
| Square foot | 1,023 | 1,666.857 |
| Lot Size | 6,447 | 5,196 |
| Price | $1.80M | $1.72M |
| Price per sq ft | $1.8K | $1.2K |
| Built year | 1930 | 1968 |
| HOA | $0 | $0 |
| Days on market | 7 | 35 |
Pricing History
Listed for Sale
Sep 2, 2026
$1,800,000
Initial Listing