$1,500,000

511 Capitola Ave Capitola, CA 95010

Capitola Area

Estimated payment $8,518/month

4 Beds
2 Baths
2,065 Sq Ft
$726 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Washer and Dryer
  • 4-minute walk to Barrys Park
  • Mission Hill Middle School Rated A-

About This Home

This duplex offers a unique combination of space, location, and potential in the heart of Capitola Village. Rarely does a property of this size become available in such a prime location. Enjoy the ultimate Capitola Village lifestyle with the beach, local boutiques, restaurants, and grocery stores just a short stroll away.While being within easy walking distance of the action, the property is positioned just outside the main thoroughfare, providing a peaceful retreat from the hustle and bustle. This property is an ideal choice for investors or those looking for a versatile living arrangement. While the home retains much of its original charm and is ready for a modern touch, it offers a fantastic blank canvas for a new owner to customize the space and significantly add value. The garage presents a great opportunity, with some TLC, it can be restored to full functionality, providing highly coveted, private off-street parking. The current long-term tenants are happy to stay, offering immediate, reliable income for a new owner looking for a rental investment. Whether you are looking to add something special to your portfolio or secure a foothold in one of the coast's most desirable cities, this duplex presents a rare and versatile opportunity.

Listing Agent

Wilhelm Zilliacus

Bailey Properties License #01967881 Listed on: 08/28/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1897

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • 2,065 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Laundry

  • Washer and Dryer

Utilities

  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $64,800

Property Details

Home Type

Multi-Family

Year Built

1897

Lot Details

3,877 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: 030- Single Duplex
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2065
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1897

Interior Features

  • Living Sq Ft: 2065
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 877

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3877.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3877.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.15
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Income Annual Gross: 64800.00
  • Income Annual Rental: 64800
  • Income Gross Scheduled: 64800
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,375 $96,963 $27,053 $69,910
2025 $3,083 $95,062 $26,523 $68,539
2023 $2,941 $91,371 $25,493 $65,878
2022 $2,835 $89,579 $24,993 $64,586
2021 $2,715 $87,823 $24,503 $63,320
2020 $2,646 $86,922 $24,252 $62,670
2019 $2,585 $85,218 $23,776 $61,442
2018 $2,499 $83,547 $23,310 $60,237
2017 $2,442 $81,909 $22,853 $59,056
2016 $2,332 $80,303 $22,405 $57,898
2015 $2,119 $79,096 $22,068 $57,028
2014 $2,048 $77,547 $21,636 $55,911
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2026 08/28/26 For Sale $1,500,000 -- $726 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82059281

MLSListings

APN: 035-093-39-000

California Santa Cruz County Capitola 95010

511 Capitola Ave, Capitola, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes
Wilhelm Zilliacus
Listing Agent
Wilhelm Zilliacus
Section Image
Bailey Properties
(831) 230-7721
Your Personal Tour Guide

Ask me questions while you tour the home.