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$ 4,300,000
Est. payment /mo
Active
344 Pennsylvania DR Watsonville, CA 95076
0.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82051650
HOA Y/N No
Year Built 1965
Annual Tax Amount $26,000
Lot Size 0.301 Acres
Property Description
This property is an exceptional 8-unit investment opportunity in Watsonville. This well-maintained property features seven spacious 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit, offering strong tenant appeal and a proven rental history. Completely renovated in 2025, this property was rebuilt from the studs out with extensive upgrades including new drywall, plumbing, electrical systems, new roofs, modern kitchens with gas cook tops, quartz counter tops, and new cabinetry. Beautifully updated bathrooms with tub and over head shower. Bedrooms are ample sized with large closet area. Built -in storage cabinets in hallway. Luxury plank flooring (LPF) throughout all units. Ground floors have individuals private back yards of various sizes. Upper units have balconies. Conveniently located distance to Target, Home Depot, shopping, dining, and everyday amenities. The property also benefits from an elementary school right on the corner and easy access to downtown Watsonville and HWY 17 For investors seeking a turnkey asset with significant capital improvements already completed, this is a rare opportunity to acquire a fully renovated, income-producing property in a highly desirable location. All units are at current market rates with all utilities paid by tenants.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning RM3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Roof Type Composition
Total Parking Spaces 11
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Tax ID 01633121000
Special Listing Condition Standard
Virtual Tour https://tour.rhbphotographer.com/344--348-pennsylvania-7ttc?b=0
Listed by Jo Ellen Smith Bailey Properties #01341240