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Duplex Cottage with Two Balconies
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 Market128

Property Features for 429 Capitola AVE

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Res
Bedrooms 3
Rooms Bedroom 3, Bedroom 2, 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 English, Cape Cod, Cottage, French
Listing Agency: David Lyng Real Estate
Listed By: Vicki Malandra · License #00548915
Added: Jun 10 Changed: Sep 16 Last Checked: Oct 15 at 4:06AM
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 in Capitola dates to 1928 and combines a two-bedroom upper cottage with a downstairs studio that is currently under lease. The upper level includes a renovated kitchen and bathroom, high ceilings, French windows and doors, marble finishes, and two balconies. Brick patios, mature plantings, wood and engineered flooring, baseboard heating, an electric fireplace, and a utility room with laundry and storage add practical detail. Parking includes one assigned space and on-street availability.

The property is located on Capitola AVE in the beach community of Capitola, with the beach, shops, and restaurants within walking distance. Its 0.023-acre lot has public water service, a composition roof, and Res zoning. The duplex presents a compact residential income configuration with cottage-style architectural elements and separate lower-level studio space.

Key Highlights

  • Duplex configuration with a two‑bedroom upper cottage and downstairs studio
  • 960 square feet on a 0.023‑acre lot
  • Downstairs studio is currently under lease

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Cape Cod-style duplex with a leased lower studio, renovated upper-level kitchen and bathroom, and walkable access to local amenities.
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: Duplex configuration with a two‑bedroom upper cottage and downstairs studio; 960 square feet on a 0.023‑acre lot; Downstairs studio is currently under lease
More about this property
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