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Duplex with Downstairs Studio
For Sale
$1,498,000

429 Capitola Avenue, Capitola, CA 95010

ResidentialIncome, CapeCod, Cottage, CountryEnglish, French, Capitola, CA

Property Size960 SF
Lot Size0.02 Acres
Price / SF$1,560
Days on Market155

Property Features for 429 Capitola Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Res
Parking features On Street
Interior features HighCeiling
Appliances GarbageDisposal, OvenRangeBuiltInGas, Refrigerator, WasherDryer
Lot features Views
Elementary school SoquelUnionElementary
Middle school NewBrightonMiddle
High school SantaCruzCityHigh
Elementary school district SoquelUnionElementary
High school district SantaCruzCityHigh
Directions Drive south on Highway one and take the Capitola exit. Turn right and go to second stop sign, turn right and head toward the ocean and village. Just before the railroad Trestle this property is on the right.
Subdivision Capitola
Standard status Active
APN 035-093-14-000
Size 960 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 12000

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1928
Floors in Building 2
Number of units 2
Flooring type Laminate
Roof type Composition
Architectural style French
Listing Agency: David Lyng Real Estate
Listed By: Vicki Malandra · License #00548915
Added: May 20 Changed: Oct 21 Last Checked: Oct 21 at 12:06PM
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.

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Investment Insights

Based on property information with market context.

Built in 1928, this 960-square-foot duplex occupies a 0.023-acre parcel and is zoned Res. The layout combines a leased studio on the lower level with a two-bedroom cottage upstairs. The upper living space includes two balconies, and a utility room provides laundry and storage. Heating is provided by baseboards and an electric fireplace; the property also has high ceilings and brick patios with mature plantings.

The property is within walking distance of Capitola’s beach, shops, and restaurants, with local destinations also accessible by bike. On-street parking is available.

Key Highlights

  • 960‑square‑foot duplex on a 0.023‑acre parcel
  • Lower‑level studio currently under lease
  • Upstairs cottage has two bedrooms and two balconies

Property Analytics

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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
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

Frequently Asked Questions

What type of property is this?
Duplex - The lower-level studio is currently leased, while the upper residence offers two bedrooms and two balconies.
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: 960‑square‑foot duplex on a 0.023‑acre parcel; Lower‑level studio currently under lease; Upstairs cottage has two bedrooms and two balconies
More about this property
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