201 Monterey Avenue

Capitola, CA 95010

$2,900,000
Last Sold Price
Beds
4,470 Sq. Ft.
$649 / Sq. Ft.
4,470
Sq. Ft.
$649
per Sq. Ft.

Description

Opportunity to own a piece of Capitola history in a prime corner location in the heart of the quaint Capitola Village By the Sea. This trophy property once owned by F. A. Hihn served as the headquarters for Camp Capitola, California's first seaside resort community, until 1930. Restored in the 1970's and updated again in 2018, it has the prestigious designation as being marked a California Historic Landmark. The beautiful architecture & freshly painted exterior stands out and brings attention to...Opportunity to own a piece of Capitola history in a prime corner location in the heart of the quaint Capitola Village By the Sea. This trophy property once owned by F. A. Hihn served as the headquarters for Camp Capitola, California's first seaside resort community, until 1930. Restored in the 1970's and updated again in 2018, it has the prestigious designation as being marked a California Historic Landmark. The beautiful architecture & freshly painted exterior stands out and brings attention to 3 commercial spaces, currently 2 retail stores & a deli with 2 half baths. On the 2nd floor set above the street are 2 one-bedroom apartments recently renovated with new kitchens, baths, & flooring; one offers great ocean views. Set in the vacation rental zone offering flexibility for long or short term rentals. On the top level is a large attic loft space with high ceilings & a half bath. Arguably one of the best locations in Santa Cruz Co. only steps to the beach.
  1. Listed by Lyng-Vidrine Team • DRE #70010151 • David Lyng Real Estate

Property Details for 201 Monterey Avenue

MLS City Name
CAPITOLA
Building Type
OTHER
Style
Victorian
Garage Spaces
0
Parking Spaces
0
View
Bay, City Lights, Downtown, Ocean
Cross Street
Capitola Ave

Location

Listing Courtesy of David Lyng Real Estate, Lyng-Vidrine Team, DRE #70010151

Sold By Keller Williams-Santa Cruz, Elaine Della-Santina, DRE #01297090

Add your commute
LISTING UPDATED: 04/23/2021 02:33 PM

Property Details for 201 Monterey Avenue

StatusSold
MLS #ML81829248
Days on Compass9
Taxes$3,974 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1881
Lot Size0.04 AC / 1,917 SF
CountySanta Cruz County

Location

Listing Courtesy of David Lyng Real Estate, Lyng-Vidrine Team, DRE #70010151

Sold By Keller Williams-Santa Cruz, Elaine Della-Santina, DRE #01297090

Add your commute

Building Information for 201 Monterey Avenue

Stories3Residences-Year Built1881Lot Size0.04 AC / 1,917 SF

Payment Calculator

$16,158 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,826

Property Taxes

$331

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 201 Monterey Avenue

Features
External Links
Room Information
  • Additional Rooms: Attic, Loft, Storage
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Electric
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Laundry: Washer / Dryer
  • Living SqFt: 4470
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Master Electric, Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Property Details
Homeowners Association
  • HOA Exists: 0
Property Details
  • Area Text: Capitola
  • Roof: Composition
  • Subclass: Mixed Use or Other Multi-Unit
  • Year Built Source: Other
  • Street Number: 201
  • Street Name: Monterey
  • Street Suffix: Avenue
  • Area ID: 44
Lot / Property Details
Building Information
  • Number Of Stories: 3
  • Number of Buildings: 1
  • Structure SqFt: 4470
  • Structure SqFt Source: Assessor
  • Age: 140
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: Residential/commercial
Location Information
  • City Limits: Yes
  • Directions: In the Capitola Village, on the corner of Monterey Ave & Capitola Ave
  • Incorporated: No
  • Parcel Number: 035-185-06-000
  • County Name: Santa Cruz
  • City Name: CAPITOLA
  • City Postal ID: 8
  • Postal Code: 95010
  • Elementary School District: 870
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .04
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Low Maintenance
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $3,974
  • Capitalization Rate: 3.42
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $5,500
  • Expense Landscape: $0
  • Expense Maintenance: $3,456
  • Expense Management: $3,465
  • Expense Trash: $801
  • Expenses Other: $6,644
  • Expenses Utility: $7,153
  • Expenses Total: $30,993
  • Operating Expenses Include: Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 22.43
  • Income Annual Gross: $133,659
  • Income Annual Rental: $131,580
  • Income Gross Scheduled: $133,659
  • Income Other: $2,079
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1

Property History for 201 Monterey Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Monterey Avenue

Taxable ValueLand$1,872,720Additions$1,144,440Total$3,017,160
Tax Record2023$37,686 ($3,141 / month)
Home Facts
Baths2Total Finished SqFt2,932 SqFtAbove Grade Finished SqFt2,932 SqFtStories1Lot Size1,917 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated2018CountySANTA CRUZAPN035-185-06

Schools near 201 Monterey Avenue

This home is within Soquel Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Main Street Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

New Brighton Middle School
Public6 to 8

Harbor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Lyng Real Estate, Lyng-Vidrine Team, DRE #70010151

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.