If you need a last-minute place that takes dogs and provides only bare-basic amenities available, then this place works. As other guests have mentioned, it bears repeating. Parking was a challenge because the people staying in the adjoining unit had multiple cars and dominated in the only space provided, including parking in the clearly marked "no parking" zone which blocked entry to the unit we rented. The only other options, which you should budget for, were street parking or all day parking in a city owned lot.
Given the description and the price, the cottage didn't appear ready for us when we arrived. Clean-ish but threadbare. There was dust and dirt, especially under the couch, coffee table and bed, including worn socks left by previous guests and discarded candy wrappers. We also ran out of basic supplies (soap, towels, toilet paper) with no access to additional resources, so we had to buy our own. The good news is Trader Joe's and Whole Foods are only a mile away.
The shared wall (and ceiling) should also be considered. The people in the adjoining unit can be heard quite clearly through the thin walls, and the children staying next door appeared to be walking/jumping on the ceiling in what we imagined to be some kind of loft or converted attic space.
On the plus side the neighborhood was generally quiet and very close to the beach. The path along Soquel Creek was right across the street, very charming and handy for walking the dogs and taking in the natural beauty. The village of Capitola itself is quite a gem, including paths and steps that allow for meditative early morning walks and relaxing evening strolls with breathtaking views.