616 Oak Drive Capitola, CA $ 1,599,000
616 Oak Drive
$ 1,599,000
Recently Listed
Open House 8/2 12pm - 3pm
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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
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View a Virtual Tour
Studio

Multi-Family Home for sale in Capitola, CA

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

Multi-Family Active

Price

$ 1,599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1

Year Built

1966

Town/City

Capitola

County/Region

Santa Cruz

MLS | Web ID

ML82056099

Days on Market

4

Features
General
Living 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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Interior
Flooring Carpet Laminate Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking 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 Features
List By
Christie's International Real Estate Sereno

Broker

getreal@sereno.com

Email

Affordability Calculator

$10,096
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Monthly Principal & Interest
$10,096
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2026$1,599,000 Listed Price

Map


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616 Oak Drive, Capitola, CA, 95010 is a Multi-Family Home for sale at $1,599,000 with 2,400 sqft and a lot size of 0.1. 616 Oak Drive is a studio with 0.0 baths and was built in 1966. The property's zip code is 95010 which is in Capitola, CA