2458 Freedom Boulevard Unit A, Watsonville, California 95076, Watsonville, 95076 - 5 bed, 3 bath

2458 Freedom Boulevard Unit A, Watsonville, California 95076 home-pic-0

2458 Freedom Boulevard Unit A

Watsonville, California 95076

ACTIVE
CONDITION: FAIR
5Beds
3Baths
5,564Sq Ft
38,725Lot Size

Property Price

LIST PRICE$1,850,000

SUMMARY

Analysis of 2458 Freedom Boulevard Unit A, Watsonville, California 95076 is currently available with a list price of $1,850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Watsonville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property, built in 1947, is 77 years old. While the description claims 'modern comfort' and 'top-of-the-line stainless steel appliances' in its 'four units,' the provided images are exclusively of the exterior of an old commercial building ('Johnnie's Super') and offer no visual evidence of any residential units, their interiors, or the claimed modern updates. Without interior images, it is impossible to assess the condition, style, and features of the kitchens and bathrooms, or other key interior components like flooring, light fixtures, and systems. Given the property's age and the complete lack of visual verification for the claimed renovations, a 'Fair' score is assigned. This indicates that while the property might be functional, its overall condition and the extent of any modern updates cannot be confirmed, and it likely shows signs of age, requiring minor updates or repairs. The significant discrepancy between the description and the provided images is a major concern for a professional assessment.

PROSSTRENGTHS & OPPORTUNITIES

  • Multi-Unit Investment Opportunity

    The property features four distinct units, offering significant potential for rental income and portfolio diversification.

  • Strong Income Generation Potential

    Explicitly designed to create a substantial income stream and passive revenue, ideal for investors.

  • Prime Location & Tenant Appeal

    Strategically located near popular local amenities like breweries, grocery stores, and restaurants, enhancing tenant attraction and retention.

CONSRISKS & DEFICIENCIES

  • Critical Property Type Discrepancy

    Listed as a 'Single Family Residence' despite being described as a four-unit property, which could lead to financing, zoning, or legal complications.

  • Extended Market Time

    The property has been active on the market since November 2023, potentially indicating overpricing or other underlying challenges.

  • Age of Building & Potential Capital Expenditures

    Built in 1947, the property's age may necessitate future capital expenditures for major systems (e.g., roof, plumbing, electrical) not explicitly mentioned as updated.

About 2458 Freedom Boulevard Unit A

Here is your golden ticket into the world of real estate investment with this exceptional property! Why limit yourself to just one unit when you can have four? Picture the ease of renting out all four units, creating a substantial income stream, or keeping one for yourself. Wave goodbye to shouldering your mortgage solo and say hello to a relaxed lifestyle in a great location, all while enjoying the perks of passive income. Each unit is designed for modern comfort, featuring top-of-the-line stainless steel appliances. Large windows flood every room with natural light. Abundant storage space ensures a clutter-free existence for both you and your tenants, simplifying property management. This property is conveniently located just moments away from popular spots like Corralitos Brewing Co, Safeway, and tantalizing Mexican restaurants, making it an enticing prospect for attracting reliable tenants. This property offers convenience and value that you simply cannot afford to overlook.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1947
Lot Size
38,725 Sq. Ft.

Interior

Total Bedrooms
5
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
91%
Baths3.02.0
62%
Square foot5,5641,590.5
99%
Lot Size38,72510,912
67%
Price$1.85M$887.6K
86%
Price per sq ft$332$550
1%
Built year19471976
14%
HOA$0$0
50%
Days on market852193
0%

Pricing History

Listed for Sale

Nov 6, 2023

$1,850,000

Initial Listing

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