
Watsonville, California 95076
This Multi-Unit Mixed-Use Property is a stable income-producing asset with a List Price of $1,320,000, matching its $1,320,000 Fair Market Value. Featuring a Condition Score of 4, the 1899-built structure offers well-maintained interiors with updated windows and a private patio. The layout includes separate entrances and a spacious rear carport, maximizing tenant privacy and convenience in a high-demand rental market. Located near central amenities, this property is an ideal acquisition for Owner-Occupants looking to generate passive income or Buy-and-Hold Investors seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 128 Maple Avenue Subject | $1,320,000* List Price | 0 | 0 | 2,602 | $507 | - |
A 441 Center Street Sold | $1,150,000 | 0 | 0 | 1,752 | $656 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1899, this property is well-maintained for its age but shows clear signs of being outdated. While it features some updates such as newer laminate flooring and windows, the kitchen cabinets are older painted units, and the overall interior finishes and appliances are basic and aged. The exterior and carport structures show significant wear consistent with a century-old building that has not undergone a recent comprehensive renovation.
This versatile property features multiple units with separate entrances, offering a rare opportunity for passive income or owner-occupancy in a high-demand rental market.
The inclusion of a private driveway, spacious rear carport, and a fenced common yard provides significant value and convenience for tenants, which helps in maintaining low vacancy rates.
Situated in close proximity to schools, shopping, and transportation, the property is ideally located to attract long-term tenants and ensure consistent rental demand.
Originally built in 1899, the property may require ongoing specialized maintenance or significant capital expenditures to address aging systems typical of century-old structures.
Classified as mixed-use, this property may face more stringent lending requirements and higher insurance premiums compared to standard residential multi-family assets.
This versatile multiunit property offers a rare combination of income potential and prime location. The well-maintained building features multiple units, each with separate entrances, updated windows, and charming architectural details, including a classic front bay window. A private driveway leads to a spacious rear carport with designated parking for tenants, adding convenience and value. The property includes ample outdoor space with a fenced common yard and utility hookups, ideal for tenant enjoyment and functionality. With strong rental demand in the area and close proximity to schools, shopping, and transportation, this is a must-see opportunity for any investor or owner-occupant looking to generate passive income. Dont miss out on this centrally located, income-producing asset!
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 | 2,602 | 2,177 | 50% |
| Lot Size | 9,365 | 8,341.5 | 50% |
| Price | $1.32M | $1.24M | 50% |
| Price per sq ft | $507 | $582 | 50% |
| Built year | 1899 | 1906 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 322 | 259 | 0% |
Jun 4, 2025
$1,320,000
Initial Listing