
Watsonville, California 95076
This duplex presents a High-Potential Investment Opportunity with a List Price of $788,000—positioned well below the $769,438 Fair Market Value by -2%. While the property requires modernization, its Fair Condition Rating and ADU potential in the detached garage offer significant upside. Featuring a Granite Kitchen and Upper-Level Deck with distant views, this asset provides flexible income-producing potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through a strategic rental strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 2nd Street Subject | $788,000* List Price | 0 | 0 | 1,710 | $450 | - |
A 20 Gonda Street Active | $789,000 List Price | 0 | 0 | 1,645 | $480 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1900, this property shows a mix of conditions. While the listing mentions an updated upper kitchen with granite, the provided images show a primary kitchen with significantly dated cabinetry, old tile flooring, and visible wall patches. The detached garage and exterior structures show signs of age exceeding 30 years. It remains functional and move-in ready but requires modernization of kitchens, baths, and likely older systems to meet current market standards.
This duplex configuration offers excellent flexibility for either an investor seeking dual rental income or an owner-occupant looking to offset their mortgage by living in one unit and renting the other.
The inclusion of a large detached garage provides a prime opportunity for an Accessory Dwelling Unit (ADU) conversion, allowing for increased density and additional rental revenue.
The property features classic Victorian-inspired architecture and a welcoming front porch, complemented by modern interior upgrades like granite countertops and quality cabinetry in the upper unit.
Originally built in 1900, the property may necessitate ongoing maintenance or costly updates to aging systems such as plumbing, electrical, and foundation to meet modern standards.
The 3,833 square foot lot is largely occupied by the building footprint, detached garage, and paved parking area, leaving very little room for private yard or garden space.
Historic charm, flexible living, and income-producing potential come together in this unique Watsonville duplex. Showcasing classic Victorian-inspired architecture, a welcoming front porch, and timeless character throughout, this property offers an excellent opportunity for investors or owner-occupants wanting to live in one and rent the other. The lower unit features 1 bedroom, 1 bathroom, and a bonus room that could potentially serve as a second bedroom, home office, or guest space, along with a spacious living room with soaring ceilings, a dedicated dining area, and an indoor laundry room. The upper unit offers 2 bedrooms, 1 bathroom, a generous laundry room, and an open living/dining layout. The updated kitchen features granite countertops, quality cabinetry, and ample storage. An expansive upper-level deck provides beautiful views of downtown Watsonville and afar. The property also includes a large detached garage with potential ADU possibilities (buyer to verify), a spacious paved area for parking, and a convenient location near downtown shops, restaurants, services, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,710 | 1,355 | 50% |
| Lot Size | 3,833 | 6,708 | 50% |
| Price | $788.0K | $844.0K | 50% |
| Price per sq ft | $461 | $680 | 50% |
| Built year | 1900 | 1930 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 59 | 50% |
May 28, 2026
$788,000
Initial Listing