Recently Listed Open House 8/2 12pm - 3pm
616 Oak Drive
Capitola, CA, 95010 $ 1,599,000
Baths0.0 Sq 2,400 Monthly Estimate*
$ 10,096
Listed by Christie's International Real Estate Sereno
Studio for $1,599,000. This 2,400 square foot home was built in 1966 on a lot size of 0.1.
Rare investment opportunity in the heart of Capitola! This well-maintained duplex sits just moments from the beach and Capitola Village, offering two turn-key 2BR/2BA units ~1,200 sf each on a 4,356 sf lot. Perfect for investors, owner-occupants, or a coastal getaway with built-in income potential. Both units have been thoughtfully updated with fresh interior paint, updated laminate or carpet flooring, updated kitchen and bathroom finishes, quartz counters, and contemporary lighting throughout. Enjoy private balconies, a fenced yard/garden area, a welcoming shared courtyard, and a shared carport with storage plus individual laundry rooms for everyday convenience. This property boasts a strong, proven rental history, making it an attractive addition to any portfolio. The location is unbeatable. A 10-minute walk to Capitola Beach and Village restaurants/shops like Margaritaville, Zelda's on the beach, Britannia Arms, Paradise Beach Grille and a 3-minute stroll to Gayle's Bakery, Capitola Produce, and nearby coffee shops, and just minutes to Nob Hill Grocery, the Capitola Wharf, and Shadowbrook restaurant. Live in one unit while renting the other, or hold both as income property. This is coastal living and opportunity combined in one of Santa Cruz's most sought-after neighborhoods!
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Open House
8/2/2026 12:00 PM - 3:00 PM
616 Oak Drive Capitola, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 2400
Sewer Public Sewer
Cooling None
Possession Close Of Escrow
Roof Composition Shingle
Appliances Electric Cooktop Range Hood
Zoning R
Garage Spaces 0
Year Built 1966
Property Subtype Duplex
Accessibility None
County Santa Cruz
Insurance Expense 0
Property Type Residential Income
HOA false
MaintenanceExpense 372
Garage Y/N false
Special Listing Conditions Standard
Status Active
City Capitola
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 4356
Carport Spaces 2
Carport Y/N true
Trash Expense 0
Standard Status Active
Year Built Source Other
Virtual Tour http://www.brezsnyassociates.com/properties/616-oak-drive
Property Sub Type Additional Duplex
Cap Rate 4.54
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InteriorFlooring Carpet Laminate Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorParking Features Carport Guest
Lot Features Level
Water Source Public
Total Parking 0
Lot Size Area 4356
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 2400
Lot Size Acres 0.1
Lot Size Source Other
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* Excluded FeaturesList ByChristie's International Real Estate SerenoBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,096
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Capitola, CA
Average List Price $3,197,333
Percent of Sale Price 100%
About Capitola, CA 10,272 Population
-2% Since 2002
$ 74,682 Median Income
42.43 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/31/2026 | $1,599,000 | | Listed Price |