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Berkshire Hathaway HomeServices California Properties

208 Terrace Way, Capitola, CA 95010

$2,749,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Erik Barbic | erikb@sbacommercial.com
Lic#: 01736370
Broker: Courtesy of Sherman & Boone Realtors
Phone: 831-464-5039

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82049484

Price: $2,749,000

Rental Rate: $2,749,000

Lot Size:

HOA Fee is $0.00

Built in 1947

0.10 acres

County: Santa Cruz

Zoning: RM

Heating/cooling: None

Heating description: Wall Furnace

Last Updated: 7/24/2026

Days On Market (DOM): 62

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Lat/Long: 36.974602, -121.951409.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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