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

429 Capitola Avenue, Capitola, CA 95010

A thoughtfully updated duplex includes a rented studio unit, plus a deck, walk-in shower, and French doors for comfortable indoor-outdoor living.

Property Size960 SF
Price / SF$1,560
Days on Market75

Property Features for 429 Capitola Avenue

General Information

Standard status Active
Size 960 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $12,000

Building Details

Year Built 1928
Year Renovated 1990
Listing Agency: David Lyng Real Estate
Listed By: Vicki Malandra · License #00548915
Source: Exitrealty
Added: May 30 Changed: Aug 8 Last Checked: Aug 12 at 4:10AM

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 David Lyng Real Estate

Investment Insights

Based on property information with market context.

This updated duplex offers a 2-bedroom, 1-bath unit accessed through a private gate and brick walkway. Inside, the home features a character-rich mix of open beam ceilings with French doors and windows, along with an interior palette of white surfaces with black accents. The kitchen includes a marble countertop, garbage disposal, and a gas oven range. The bathroom has a large walk-in shower and a sun tunnel that adds natural light.

A French door opens to a sunny deck with views of the Capitola Trestle, and the deck connects to a lower brick patio and the lower unit via a spiral stairway. Flooring throughout combines tile, wood upstairs, and engineered flooring downstairs, supported by baseboard heating and an electric fireplace. Laundry is located in the utility room and storage area.

The property also includes a large studio unit (bedroom 3) that is currently rented, adding flexibility to the rental configuration. Located in Capitola, it’s described as being just steps from the beach, river, and village shops and restaurants, supporting a low-steps lifestyle for residents who want walkable nearby amenities.

Key Highlights

  • 1928‑built duplex with two‑bedroom 1‑bath main unit and a separate rented studio unit (bedroom 3).
  • Updated in 1990 and set up for privacy with a private gate and brick walkway to the 2‑bedroom unit.
  • Kitchen includes marble countertop, garbage disposal, and a gas oven range.

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.

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
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Frequently Asked Questions

What type of property is this?
Duplex - A thoughtfully updated duplex includes a rented studio unit, plus a deck, walk-in shower, and French doors for comfortable indoor-outdoor living.
Where is this duplex located?
The property is located at 429 Capitola Avenue 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: 1928‑built duplex with two‑bedroom 1‑bath main unit and a separate rented studio unit (bedroom 3).; Updated in 1990 and set up for privacy with a private gate and brick walkway to the 2‑bedroom unit.; Kitchen includes marble countertop, garbage disposal, and a gas oven range.
More about this property
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