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Bobby Kelley

bobbykelley@compass.com +1(650) 885-8383

Listed by Erik Barbic • Sherman & Boone Realtors, DRE#01736370

$ 2,749,000

Est. payment | -/mo

1 Bed

1 Bath

3,155 SqFt

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$ 2,749,000

Est. payment | -/mo

Save

1 Bed

1 Bath

3,155 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,155 sqft

Price per Sqft $871

MLS Listing ID ML82049484

Bedrooms 1

Full Baths 1

Year Built 1947

Lot Size 4,182 Sqft

Property Sub-Type Five or More Units

Property Description

Located in the heart of Capitola Village by the Sea, this rare 5-unit Cape Cod style apartment property offers a highly desirable coastal living experience in an area dominated by vacation rentals and single-family homes. The property features ocean views and an unbeatable walkable location just steps to shops and restaurants and a short stroll to the beach creating a true year-round resort lifestyle. The flexible layout allows for multiple use strategies: an owner could occupy the two upper units as a private residence with ocean views while generating income from the three ground-floor units, or lease all five units for maximum cash flow. The property has been well maintained, with interiors renovated in 2019, and is offered fully furnished for immediate occupancy or rental. Opportunities like this are infrequent in Capitola Village, where demand remains strong and vacancy is minimal.

Location

State CA

County Santa Cruz

Area Capitola

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features On Street

Utilities Available Public Utilities

View Bay, Ocean

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 035-163-28-000

Security Features Other

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 885-8383

bobbykelley@compass.com

891 Beach St, San Francisco, CA, 94109, USA

208 Terrace WAY Capitola, CA 95010

Bobby Kelley

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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208 Terrace WAY