Updated Duplex with Permitted
For Sale
$1,799,000
318 Park Avenue, Capitola, CA 95010
Two residences provide flexible living arrangements, guest accommodations, or separate rental use in a gated Capitola property.
Property Size1,153 SF
Days on Market67
Property Features for 318 Park Avenue
General Information
Standard status
Active
Size
1,153 SF
Total Parking Spaces
7
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
tankless water heaters
split-system heating and air conditioning
radiant bathroom floor heating
built-in KitchenAid gas range and refrigerator
in-unit washer and dryer
heated outdoor shower
electric gates
Security System
Radiant
Wall Furnace
Dishwasher
Garbage Disposal
Oven Range - Built-In
Gas
Oven Range - Gas
Washer/Dryer
Public Utilities, Water - Public, Composition
Building Details
Building Size
1,153 SF
Year Built
1938
Listing Agency:
Bailey Properties
(831) 818-2013
Listed By:
Joe Wright · License #00865000
(831) 818-2013
Source:
Kw
Added: Jun 25
Changed: Aug 30
Last Checked: Aug 30 at 12:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bailey Properties
Investment Insights
Based on property information with market context.
Located at 318 Park Avenue in Capitola, this duplex combines a 1938 main residence with a permitted accessory dwelling unit completed in 2023. The primary home includes 2 bedrooms and 1 bath, while the ADU offers 1 bedroom and 1 bath. An oversized 2-car garage and gated access on both sides of the property support secure parking for up to 7 vehicles.
Both residences include tankless water heaters and updated interior finishes. The ADU adds split-system heating and air conditioning, radiant bathroom floor heating, a built-in KitchenAid gas range and refrigerator, and an in-unit washer and dryer. Additional property features include a heated outdoor shower, security system, public water, public utilities, and composition roofing. The separate living spaces can accommodate owner occupancy with additional rental, guest, extended-family, or work-from-home use.
Both residences include tankless water heaters and updated interior finishes. The ADU adds split-system heating and air conditioning, radiant bathroom floor heating, a built-in KitchenAid gas range and refrigerator, and an in-unit washer and dryer. Additional property features include a heated outdoor shower, security system, public water, public utilities, and composition roofing. The separate living spaces can accommodate owner occupancy with additional rental, guest, extended-family, or work-from-home use.
Key Highlights
- Permitted 1‑bedroom, 1‑bath ADU completed in 2023
- Main residence offers 2 bedrooms and 1 bath
- Oversized 2‑car garage with gated access on both sides
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide flexible living arrangements, guest accommodations, or separate rental use in a gated Capitola property.
Where is this duplex located?
The property is located at 318 Park Avenue Capitola, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Permitted 1‑bedroom, 1‑bath ADU completed in 2023; Main residence offers 2 bedrooms and 1 bath; Oversized 2‑car garage with gated access on both sides
