# 516 Capitola AVE, Capitola, CA 95010

> **TL;DR:** 3bd/3ba single family, $1,199,000 ($786/sqft), built 1948, 1,526 sqft. Est. $6,413/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,199,000 |
| Price/sqft | $786 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 1,526 |
| Year Built | 1948 |
| Lot Size | 3,441 sqft (0.08 acres) |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,063 |
| Estimated Insurance | $350 |
| **Total** | **$6,413** |

## Property Highlights

- Built in 1948
- 0.08 acre lot
- 3 parking spaces

## Description

### Agent Description
A rare value-add opportunity in the heart of Capitola, just minutes from Capitola Village, the beach, restaurants, and shops. This versatile triplex features three units across two structures, offering multiple possibilities for investors, owner-occupants, or buyers seeking a Capitola second home with rental income. The front building includes a 1-bedroom/1-bath unit and studio/1-bath unit, while a detached 2-bedroom/1-bath residence sits privately toward the rear. The rear unit features in-unit laundry and will be delivered vacant, creating an opportunity to renovate and make it your own while generating income from the other two units. Each unit has its own off-street parking space. Zoned MU-N (Mixed Use, Neighborhood), the property offers intriguing potential for future improvements or redevelopment, subject to City approval. Build equity through renovation, explore the property's longer-term possibilities, or reposition a well-located investment. Adjacent 2-unit property also available, creating a rare opportunity to acquire 5 units across two neighboring Capitola properties.

## Location

- **Address:** 516 Capitola AVE, Capitola, CA 95010
- **Coordinates:** 36.97609, -121.953307
- **Google Maps:** https://www.google.com/maps?q=36.97609,-121.953307

## Virtual Tour & Media

- **Video Tour:** https://www.516capitola.com

## Listing Agent

- **Name:** Greg Lukina · **License:** 01949291
- **Brokerage:** David Lyng Real Estate
- **Phone:** 8316005581
- **Broker Phone:** (831) 476-0100
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/516-Capitola-Ave-Apt-A_Capitola_CA_95010_M23328-17018?f=listhub&s=MLSLCA&m=ML82060123&c=propsimple)

## Photos

![516 Capitola AVE - Photo 1](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f967018430r.jpg)

![516 Capitola AVE - Photo 2](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3112515994r.jpg)

![516 Capitola AVE - Photo 3](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4088260819r.jpg)

![516 Capitola AVE - Photo 4](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4256247769r.jpg)

![516 Capitola AVE - Photo 5](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f509925024r.jpg)

![516 Capitola AVE - Photo 6](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1356881353r.jpg)

![516 Capitola AVE - Photo 7](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3456924669r.jpg)

![516 Capitola AVE - Photo 8](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f613529695r.jpg)

![516 Capitola AVE - Photo 9](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3895939080r.jpg)

![516 Capitola AVE - Photo 10](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1336060555r.jpg)

![516 Capitola AVE - Photo 11](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f2864976229r.jpg)

![516 Capitola AVE - Photo 12](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4196178638r.jpg)

![516 Capitola AVE - Photo 13](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1580672644r.jpg)

![516 Capitola AVE - Photo 14](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3079610902r.jpg)

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![516 Capitola AVE - Photo 16](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f2560157149r.jpg)

![516 Capitola AVE - Photo 17](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1607847484r.jpg)

![516 Capitola AVE - Photo 18](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f860823488r.jpg)

![516 Capitola AVE - Photo 19](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3252911534r.jpg)

![516 Capitola AVE - Photo 20](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f224819828r.jpg)

![516 Capitola AVE - Photo 21](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1642917193r.jpg)

![516 Capitola AVE - Photo 22](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4288165897r.jpg)

![516 Capitola AVE - Photo 23](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4090997497r.jpg)

![516 Capitola AVE - Photo 24](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1396703824r.jpg)

![516 Capitola AVE - Photo 25](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3329492275r.jpg)

![516 Capitola AVE - Photo 26](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f866936640r.jpg)

![516 Capitola AVE - Photo 27](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f2667964692r.jpg)

![516 Capitola AVE - Photo 28](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1836011470r.jpg)

![516 Capitola AVE - Photo 29](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1557247930r.jpg)

![516 Capitola AVE - Photo 30](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4124282960r.jpg)

![516 Capitola AVE - Photo 31](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f2209329090r.jpg)

![516 Capitola AVE - Photo 32](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f2657357657r.jpg)

![516 Capitola AVE - Photo 33](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3036069376r.jpg)

![516 Capitola AVE - Photo 34](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3215943379r.jpg)

![516 Capitola AVE - Photo 35](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3084980819r.jpg)

![516 Capitola AVE - Photo 36](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3470036511r.jpg)

![516 Capitola AVE - Photo 37](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3599139377r.jpg)

![516 Capitola AVE - Photo 38](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f451799102r.jpg)

![516 Capitola AVE - Photo 39](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4227045038r.jpg)

![516 Capitola AVE - Photo 40](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1128470670r.jpg)

![516 Capitola AVE - Photo 41](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f1317110435r.jpg)

![516 Capitola AVE - Photo 42](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f3008601155r.jpg)

![516 Capitola AVE - Photo 43](http://lh.rdcpix.com/931f4fac75b5ec3aa591c7940932912fl-f4100839215r.jpg)

---

**MLS#:** ML82060123 | **Updated:** 2026-09-29
**Source:** listhub

*Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/516-capitola-ave-capitola-ca-95010-82060123)

---

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    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/516-capitola-ave-capitola-ca-95010-82060123#agent",
    "name": "Greg Lukina",
    "telephone": "8316005581",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/516-capitola-ave-capitola-ca-95010-82060123#brokerage",
      "name": "David Lyng Real Estate",
      "telephone": "(831) 476-0100"
    }
  }
}
```