12 Eastern Drive, Watsonville, California 95076, Watsonville, 95076 - 4 bed, 3 bath
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12 Eastern Drive
Watsonville, California 95076
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,809Sq Ft
4,748Lot Size
Property Price
LIST PRICE$960,000
EST. MARKET VALUE
$900,473
6% AboveMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $960,000—positioned above the $900,473 Fair Market Value. While priced slightly above market, the property maintains a Good Condition Rating following a 2019 remodel. Key features include a permitted 1-bedroom studio, paid-off solar panels, and a spacious covered patio. This versatile layout offers significant rental-income potential or multi-generational living. It is an ideal acquisition for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking to offset mortgage costs through rental income.
Estimated Market Value
$900,473
Based on Realkey algorithm analyzing recent comparable sales in Watsonville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12 Eastern Drive Subject | $960,000* List Price | 4 | 3 | 1,809 | $498 | - |
A 207 Rogers Avenue Sold | $1,075,000 | 3 | 2 | 1,802 | $597 | 0.6 mi |
B 517 Bridge Sold | $700,000 | 3 | 2 | 1,338 | $523 | 0.9 mi |
C 450 Beck Street Sold | $800,000 | 3 | 2 | 1,242 | $644 | 0.9 mi |
D 708 Hill Avenue Sold | $790,000 | 3 | 2 | 1,324 | $597 | 0.7 mi |
E 703 Palm Ave Sold | $734,888 | 3 | 2 | 1,946 | $378 | 0.7 mi |
F 525 California Street Active | $995,000 List Price | 3 | 3 | 1,842 | $540 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1939, the property underwent a comprehensive remodel in 2019 (approximately 7 years ago), including a modern kitchen with quartz countertops and stainless steel appliances, updated bathrooms, and new vinyl flooring. The addition of paid-off solar panels and a permitted studio indicates well-maintained systems and move-in ready condition, falling within the 5-15 year renovation window for a Good rating.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The permitted 1-bedroom, 1-bath studio above the garage provides excellent versatility for rental income, multi-generational living, or a private home office.
- Modernized Interior
A comprehensive 2019 kitchen remodel featuring quartz countertops and stainless-steel appliances, combined with updated bathrooms and vinyl flooring, offers a move-in-ready aesthetic.
- Energy Efficiency
The property includes fully paid-off solar panels, providing significant long-term savings on electricity costs and increasing the home's overall value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1809, other record living area = 1449. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Compact Lot Size
At 4,748 square feet, the lot is relatively small for a property hosting two separate living units, which may limit private outdoor space and parking flexibility.
- Vintage Infrastructure
Originally built in 1939, the home may have underlying aged systems or structural elements that require more maintenance than a modern build, despite recent cosmetic updates.
About 12 Eastern Drive
Welcome to 12 Eastern Drive, a spacious and versatile Watsonville property offering comfort, convenience, and rental-income potential. The main home features 3 bedrooms, 2 bathrooms, a separate office, updated vinyl flooring, and an inviting living room with a cozy fireplace. Remodeled in 2019, the kitchen includes updated cabinetry, quartz countertops, tile flooring, a decorative backsplash, and stainless-steel appliances. The bathrooms have also been tastefully updated. Above the garage, a permitted 1-bedroom, 1-bath studio can be rented for additional income or used for extended family, guests, or a private workspace. Paid-off solar panels help reduce electricity costs, while the private backyard and spacious covered patio with tile flooring provide the perfect setting for gatherings and year-round enjoyment. Conveniently located within walking distance of Callaghan Park, St. Patrick's Church, Moreland Notre Dame School, restaurants, shopping, bus stops, and downtown Watsonville. A fantastic opportunity to own a centrally located home with flexible living space and income potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 4,748 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,809 | 1,198.231 |
| Lot Size | 4,748 | 6,133.615 |
| Price | $960.0K | $816.1K |
| Price per sq ft | $531 | $618 |
| Built year | 1939 | 1966 |
| HOA | $0 | $320 |
| Days on market | 28 | 57 |
Pricing History
Listed for Sale
Aug 12, 2026
$960,000
Initial Listing
Sold
Jul 19, 2012
$300,000
Public Record