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ANGELINA NGUYEN

angelinannhan@gmail.com +1(408) 952-9437

Listed by Jo Ellen Smith • Bailey Properties, DRE#01341240

$ 4,300,000

Est. payment | -/mo

5 Beds

3 Baths

6,048 SqFt

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$ 4,300,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

6,048 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,048 sqft

Price per Sqft $710

MLS Listing ID ML82051650

Style Contemporary

Bedrooms 5

Full Baths 3

Year Built 1965

Lot Size 0.301 Acres

Property Sub-Type Five or More Units

Property Description

This property is an exceptional 8-unit investment opportunity in Watsonville. This well-maintained property features seven spacious 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit, offering strong tenant appeal and a proven rental history. Completely renovated in 2025, this property was rebuilt from the studs out with extensive upgrades including new drywall, plumbing, electrical systems, new roofs, modern kitchens with gas cook tops, quartz counter tops, and new cabinetry. Beautifully updated bathrooms with tub and over head shower. Bedrooms are ample sized with large closet area. Built -in storage cabinets in hallway. Luxury plank flooring (LPF) throughout all units. Ground floors have individuals private back yards of various sizes. Upper units have balconies. Conveniently located distance to Target, Home Depot, shopping, dining, and everyday amenities. The property also benefits from an elementary school right on the corner and easy access to downtown Watsonville and HWY 17 For investors seeking a turnkey asset with significant capital improvements already completed, this is a rare opportunity to acquire a fully renovated, income-producing property in a highly desirable location. All units are at current market rates with all utilities paid by tenants.

Location

State CA

County Santa Cruz

Area Watsonville

Zoning RM3

Rooms

Kitchen Cooktop - Gas, Countertop - Stone, Oven - Electric, Oven - Self Cleaning, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Laundry None

Exterior

Exterior Feature Back Yard, Balcony / Patio, Deck

Parking Features No Garage, Parking Area, Tandem Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Lot Description Grade - Mostly Level

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 016-331-21-000

Miscellaneous None

Security Features None

Special Listing Condition Not Applicable

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344/348 Pennsylvania DR Watsonville, CA 95076