Excellent development opportunity in Capitola where there is very little vacant land and parcels like this are ripe for development. Current approval for a 10 unit project from the City of Capitola issued earlier this year along with tentative map granted in conjunction with the owners of neighboring parcel. Site plans, building plans and drawings are done and available. Other development scenarios exist for both 3 and 4 unit PUDs that would meet current zoning requirements. All just waiting to be explored along with several other possibilities. Water to this parcel is supplied by the City of Santa Cruz and 3 meters already in. Existing duplex is on site with 3 bedroom, 2bath, 1500 sq ft units that are primed and ready for interior renovation. Walk to 41st and all the amenities Mid County.