833 Sir Francis Avenue, Capitola, California 95010, Capitola, 95010 - 4 bed, 2 bath
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833 Sir Francis Avenue
Capitola, California 95010
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,405Sq Ft
6,795Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,246,834
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,300,000—positioned above the $1,227,838 Fair Market Value. While the property requires modernization due to its Condition Rating of 5, the 6,795 square foot lot and four-bedroom layout provide significant value-add potential in the Capitola market. The sale is subject to a long-term lease, necessitating a strategic approach to future occupancy. This asset is best suited for Buy-and-Hold Investors or Value-Add Developers capable of navigating current tenancy to unlock long-term coastal appreciation.
Estimated Market Value
$1,246,834
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 |
|---|---|---|---|---|---|---|
★ 833 Sir Francis Avenue Subject | $1,350,000* List Price | 4 | 2 | 1,405 | $887 | - |
A 916 Balboa Avenue Sold | $1,600,000 | 4 | 3 | 1,868 | $857 | 0.1 mi |
B 142 Sir Francis Court Active | $1,495,000 List Price | 4 | 2 | 1,689 | $885 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1967 (57 years old) with no mention of renovations in the listing. The exterior shows signs of age, including a window AC unit and cracked driveway, suggesting outdated systems and a need for significant rehab to meet modern standards for the area.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly desirable Capitola area, this property offers proximity to world-class beaches and a vibrant coastal lifestyle, ensuring strong long-term asset appreciation.
- Generous Lot Size
The 6,795 square foot lot provides significant outdoor space and potential for future expansion or landscaping, which is a premium feature in this densely populated coastal market.
- High Bedroom Count
Featuring four bedrooms, the home offers a versatile and efficient layout that maximizes rental utility and appeals to larger families or investors seeking higher occupancy.
CONSRISKS & DEFICIENCIES
- Long-Term Lease Encumbrance
The sale is subject to a long-term lease, which prevents immediate owner-occupancy and significantly limits the buyer pool to specialized real estate investors.
- Potential for Deferred Maintenance
Built in 1967 and lacking mention of recent upgrades, the property may require substantial modernization or repairs to meet current market standards for a $1.3M price point.
About 833 Sir Francis Avenue
FOUR BEDROOM TWO BATH HOME. SALE SUBJECT TO LONG TERM LEASE.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 6,795 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 2.7 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,405 | 1,666.857 |
| Lot Size | 6,795 | 5,196 |
| Price | $1.35M | $1.72M |
| Price per sq ft | $961 | $1.2K |
| Built year | 1967 | 1968 |
| HOA | $0 | $0 |
| Days on market | 32 | 35 |
Pricing History
Listed for Sale
Aug 27, 2026
$1,350,000
$1,300,000
+4% Price Increase
Initial Listing
Price Change
Aug 8, 2026
$1,300,000
Initial Listing
Sold
Dec 1, 2017
$650,000
Public Record