$ 1,295,000
-
$1,295,000
Price -
0
Bed -
0
Bath -
2,300
SqFt
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About the Listing ML34098 - ML138386
Lowest priced 5-unit complex in Santa Cruz County. Great opportunity for investors looking for revenue & financial returns vs great neighborhoods. $109,000 in Scheduled Gross Income delivers profitable returns - 10.87 GRM and 5.88% cap rate on current rents at full price. All units were remodeled after purchase in 2017. The complex has 4 one-bedroom units and a studio. New roofs for all buildings are pending in the spring of 2026. All asphalt was redone in 2023. Future capital improvement costs are minimal for several years. The complex is close to downtown Watsonville and Highway One.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Commercial Sale
MLS ®
ML82040986
Year Built
1931
Total Square Footage
2,300
Lot/Acreage
0.2
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: General Industrial
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $14,761
- Taxes w/Assessments: N/A
- Tax/Property ID: 01716217000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
236 Locust St Watsonville, CA 95076
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