About This Home

This 4-bedroom, 0-bathroom multi-family at 518 Capitola AVE in Capitola, CA is listed for $1,699,000 ($759 per sqft). Built in 1999, the home offers 2,239 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1999
  • 0.09 acre lot
  • 2 parking spaces

Property Details

2-car garage
1999
Listing Description

Rare opportunity to own two detached residences on one property in the heart of Capitola, just minutes from Capitola Village, the beach, restaurants, and shops. Unlike a traditional duplex, each home is its own separate structure, offering exceptional privacy and flexibility with no shared living walls and no one living above or below.

Both residences feature 2 bedrooms, 2 full baths, an attached 1-car garage, and in-unit laundry. Each has a bedroom and full bath on the ground floor, while upstairs the kitchen opens to the living and dining areas alongside a spacious primary suite. Unit B is enhanced by vaulted ceilings and a private deck, adding to its open and airy feel.

Unit A is currently tenant occupied, while Unit B is owner occupied, providing future flexibility for an owner-user. Live in one and rent the other, enjoy a Capitola getaway with built-in income, or add a unique coastal property to your investment portfolio. A special opportunity to enjoy the Capitola lifestyle just moments from the Village. Adjacent property also available, creating a rare opportunity to acquire two neighboring income properties totaling five units in Capitola.

Monthly Cost Estimate

$9,087/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,362
Insurance$496

Estimates only. Actual payments may vary.

Location

518 Capitola AVE

Capitola, CA 95010

Property Details

Parking

Garage - Attached

Heating

Forced AirCentral

Questions & Answers

This 4-bedroom, 0-bathroom multi-family at 518 Capitola AVE is listed at $1,699,000 ($759/sqft). The estimated monthly payment is $9,087 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1999, 0.09 acre lot, 2 parking spaces.

This property is listed by Greg Lukina and can be reached at 8316005581.

GL

Greg Lukina

License 01949291

Agent at David Lyng Real Estate

(831) 600-5581
Agent website

Listed by David Lyng Real Estate · Broker phone: (831) 476-0100 · View on Broker Site · Broker website

MLS# ML82060133· Source: MLS Listings, Inc.· 23 days on PropertySimple

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.

518 Capitola AVE, Capitola, CA 95010

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