The property is a tear down including the foundation. A buyer should assume that the utilities (including water, gas and electric, and sewer) will need new meters and new lines. The cottage encroaches onto the back neighbors property. After the cottage is demolished, the back neighbor will have the right to move his fence along the true property line (which is approximately 5 feet of the existing yard). The City of Capitola has issued rebuilding guideline subject to Coastal Commission approval. This is a project for someone who wants a getaway cottage on Depot Hill. Property next door at 202 Hollister will be sold separately.