616 Oak Drive

• Sat Aug 8, 1:00 pm - 4:00 pm

  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 1,312 sf each on a 4,356 sf lot.

• Sun Aug 9, 12:00 pm - 3:00 pm

  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 1,312 sf each on a 4,356 sf lot.

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!

Days on Market

9 days

Current Status

Active

Original Price

$1,599,000

List Price

$1,599,000

On Market Date

Jul 30, 2026

Property Type

Single Family Home

Area

44 - Capitola

Zip Code

95010

MLS ID

ML82056108

APN

035-301-09-000

Year Built

1966

Stories in Building

2

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

4

Full on Ground Floor, Showers over Tubs - 2+, Stall Shower - 2+, Tile

Parking

4

Carport, On Street, Parking Area

SQ FT

2,642

SQ FT Source

Unavailable

Lot SQ FT

4,356.0

Lot Acres

0.1 Acres

Kitchen

Countertop - Quartz, Oven Range - Electric

Cooling

None

Dining Room

Dining Area

Disclosures

Natural Hazard Disclosure

Family Room

No Family Room

Flooring

Carpet, Laminate, Tile

Foundation

Concrete Perimeter and Slab

Heating

Central Forced Air

Laundry

In Utility Room, Outside

Possession

COE

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.