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Updated Duplex with Studio Unit
For Sale
$1,498,000

429 Capitola AVE, Capitola, CA 95010

Residential Income (2-4 units), Cape Cod, Cottage, Country English, French, CAPITOLA, CA

Property Size960 SF
Lot Size0.02 Acres
Price / SF$1,560
Days on Market82

Property Features for 429 Capitola AVE

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Res
Bedrooms 3
Rooms Bedroom 2, Bedroom 3, Bedroom 1
Parking features On Street, Assigned
Interior features High Ceiling
Appliances Countertop - Marble, Garbage Disposal, Oven Range - Built-In, Gas, Refrigerator
Lot features Views
Subdivision Capitola
Standard status Active
Size 960 SF
Lot size 0.02 Acres

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1928
Number of units 2
Flooring type Laminate
Building materials Wood
Roof type Composition
Architectural style Cottage, Cape Cod, English, French
Listing Agency: David Lyng Real Estate
Listed By: Vicki Malandra · License #00548915
Added: Jun 10 Changed: Aug 26 Last Checked: Aug 30 at 10:06PM
MLS# ML82048029

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.

Investment Insights

Based on property information with market context.

This 960-square-foot duplex on a 0.023-acre lot includes a two-bedroom, one-bath residence and a separate studio unit that is currently rented. The primary unit features an open-beam ceiling, French doors and windows, a kitchen with a marble countertop, garbage disposal, built-in gas oven range, and refrigerator, plus a bathroom with a large walk-in shower and sun tunnel. A private deck connects to a lower brick patio and the lower unit by spiral stairway. Additional features include a utility room with laundry and storage, tile, wood, and engineered flooring, electric baseboard heating, and an electric fireplace. The property was built in 1928 and updated in 1990, with wood construction, a composition roof, public water, and Res zoning.

Located at 429 Capitola AVE in Capitola, the property is described as being near the beach, river, village shops, and restaurants. Parking includes one assigned space and on-street parking.

Key Highlights

  • 960‑square‑foot duplex on a 0.023‑acre lot
  • Two‑bedroom, one‑bath unit plus a separate studio currently rented
  • Updated in 1990; original construction dates to 1928

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Travel Agency Butcher Daycare Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,477
Businesses Nearby

Demographics for 95010, CA

9,080
Population
4,741
Households
1.9
Avg Household Size
47
Median Age
46%
College-Educated
91%
High-School Grad
1.4 sq mi
ZIP Area
6,486
Density / Sq Mi
$96,701
Median Household Income
$53,704
Median Earnings
$2,370
Median Rent
$781,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with a private deck, brick patio, and assigned parking.
Where is this duplex located?
The property is located at 429 Capitola AVE Capitola, CA.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: 960‑square‑foot duplex on a 0.023‑acre lot; Two‑bedroom, one‑bath unit plus a separate studio currently rented; Updated in 1990; original construction dates to 1928
More about this property
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