208 Terrace WAY, Capitola, CA 95010
208 Terrace WAY, Capitola, CA 95010
208 Terrace WAY, Capitola, CA 95010
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,749,000
Est. payment /mo
4,181 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82049484

HOA Y/N No

Year Built 1947

Annual Tax Amount $30,000

Lot Size 4,181 Sqft

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 699 - Not Defined

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Composition

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Soquel

School District Other

Others

Tax ID 03516328000

Special Listing Condition Standard

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Listed by Erik Barbic Sherman & Boone Realtors #01736370

NEARBY SCHOOL & BUSINESS

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