Capitola is a picturesque beach village on Monterey Bay, one of California's oldest seaside resort towns, known for the colorful Venetian Court, the wharf, and the walkable Capitola Village lining Soquel Creek where it meets the sand. The housing stock is scarce and coveted, from the tiny, brightly painted cottages of the Jewel Box to the coveted bluff-top homes on Depot Hill and the hillside lots of Cliffwood Heights. Strong second-home and vacation-rental demand, paired with a hard cap on new supply, keeps every well-located property a genuine opportunity.
Fidelity Funding lends directly across California, and our asset-based approach fits a market this scarce and high-value. We underwrite the property and the exit rather than an income file, and close in five to ten business days. Whether an investor is renovating a Jewel Box cottage, bridging a Depot Hill bluff-top purchase, or holding a Village vacation rental on DSCR terms, our capital keeps pace where a single hesitation can lose a rare listing to a cash buyer.
Capitola sits at the high end of the California coastal market, where waterfront and bluff-view parcels rarely trade and capital efficiency decides which investors win bids.
Investors active in Capitola typically draw down rehab capital in three to four stages — foundation/structural, MEP, finishes, and final staging — and exit to a custom-buyer sale or short-term rental DSCR refi. Local pocket coverage includes Capitola Village, Jewel Box, Depot Hill, Cliffwood Heights and adjacent Capitola submarkets.
Estimated local median: $2.22M · Typical loan range: $1.44M – $2.77M · Top program: luxury fix-and-flip and short-term rental DSCR
Most Capitola private money loans we fund range from $1.44M to $2.77M, sized against an estimated local median around $2.22M. Loans outside that range are case-by-case based on parcel and scope.
For Capitola, our highest-volume program is luxury fix-and-flip and short-term rental DSCR. We also fund bridge, construction, commercial, and DSCR rental scenarios in this market.
Yes. The beach village draws strong short-term rental demand, and our DSCR loans can be sized on the property's rental income rather than personal income.
When inventory is this scarce, speed wins listings. Our loans close in as little as five to seven business days, letting you compete with cash buyers.
Absolutely. With loans up to $50M, we can size financing for premium Depot Hill and Cliffwood Heights properties.
Yes, the compact Jewel Box cottages are strong value-add candidates, and we cover up to 100% of rehab costs on an asset basis.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT