344 Pennsylvania Drive,Watsonville, CA 95076
Watsonville, CA 95076
Description
An exceptional 8-unit investment opportunity in Watsonville. This is a 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 2024, 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.
Details
| MLS # | ML82051650 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 69 |
| Listing Provided By | Bailey Properties | Jo Ellen Smith |
Features
| SQ Feet | 6,048 |
|---|---|
| Units | 8 |
| Building(s) | 2 |
| Zoning | RM3 |
| Acreage | 0.30 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition |
|---|
Taxes
| Property | 26000 |
|---|
Area Information
| State | CA |
|---|---|
| County | Santa Cruz |
| City | Watsonville |
| Zip Code | 95076 |
| Area | 699 Not Defined |
| Listing VS Median (in 95076) | |
Price: $4,300,000 low | high Med: $1,797,500 sqft: 6,048 low | high Med: 4,614 $ / sqft: $711 low | high Med: $387 On site: 69 low | high Med: 56.5 | |
Market Activity 95076
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Learn More About This Property
| State | CA |
|---|---|
| County | Santa Cruz |
| City | Watsonville |
| Zip Code | 95076 |
| Area | 699 Not Defined |
| Listing VS Median (in 95076) | |
Price: $4,300,000 low | high Med: $1,797,500 sqft: 6,048 low | high Med: 4,614 $ / sqft: $711 low | high Med: $387 On site: 69 low | high Med: 56.5 | |