236 Locust St | Image 1
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$1,195,000

For Sale

9 days ago

236 Locust St, Watsonville, CA

House

MLS® ML82040986

0 Bed

0 Bath

--

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $13,680
Days Active 8
Lot Size 
Approx. Age 1931
MLS® Number ML82040986

Property Address: 236 Locust St, Watsonville, CA, 95076

Average square foot calculated using Size range provided by listing agent.

Description

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 - 10.07 GRM and 6.35% 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.
MLS® NumberML82040986
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1931
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 31, 2026List Date
$1,195,000List Price
  • Commute

Commute

Starting Address
Destination Address
236 Locust St, Watsonville, CA

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