208 Capitola Ave Capitola, CA 95010
Estimated payment $15,555/month
Highlights
- 1-Story Property
- Main Street Elementary School Rated A-
- 1-minute walk to Barrys Park
About This Home
Live, Invest & Play in the Heart of Capitola Village! Just steps from the sand and surrounded by boutique shops and restaurants, this mixed-use property offers the ultimate coastal lifestyle with outstanding flexibility and income potential. The property features two beautifully updated residential units (a 2BR/2BA and a 1BR/1.5BA) plus two commercial storefronts, creating multiple opportunities for personal use and investment. Since 2020, it has undergone an extensive remodel, including new kitchens and bathrooms in both units, upgraded appliances, fresh interior and exterior paint, a new roof, and countless other thoughtful improvements. Located within Capitola's vacation rental zone, this property gives owners the option to enjoy their own beach retreat while benefiting from short-term rental income when away. Picture starting your day with a stroll along the sand, spending afternoons browsing local boutiques or enjoying waterfront dining, and capping the evening with a concert by the sea - all just outside your door. This is more than real estate it's a chance to fully embrace the Capitola lifestyle while securing an investment in one of the most sought-after coastal communities in California. Don't wait on this one!
Property Details
Home Type
- Multi-Family
Year Built
- 1936
Lot Details
- 1,786 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Flat Roof Shape
- Slab Foundation
Interior Spaces
- 3,542 Sq Ft Home
- 1-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
Overview
Building Details
- 3 Leased Units
- Insurance Expense $14,089
- Maintenance Expense $3,544
- Manager Expense $37,019
- Other Expense $14,678
- Utility Expense $9,195
- Operating Expense $101,458
- Gross Income $218,243
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,835 | $1,894,454 | $1,217,736 | $676,718 |
| 2023 | $21,928 | $1,794,690 | $1,170,450 | $624,240 |
| 2022 | $21,674 | $1,759,500 | $1,147,500 | $612,000 |
| 2021 | $21,161 | $1,725,000 | $1,125,000 | $600,000 |
| 2020 | $13,134 | $1,002,127 | $601,276 | $400,851 |
| 2019 | $12,850 | $982,477 | $589,486 | $392,991 |
| 2018 | $12,616 | $963,213 | $577,928 | $385,285 |
| 2017 | $12,429 | $944,326 | $566,596 | $377,730 |
| 2016 | $11,688 | $925,810 | $555,486 | $370,324 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $2,650,000 | -3.6% | $748 / Sq Ft |
| 09/26/2025 09/26/25 | Price Changed | $2,750,000 | +32.5% | $776 / Sq Ft |
| 09/25/2025 09/25/25 | For Sale | $2,075,000 | -- | $586 / Sq Ft |
Source: MLSListings
MLS Number: ML82022902
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