236 Locust ST

WATSONVILLE, CA 95076
Square Ft.
2,300
$1,195,000
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. Rents have not been increased in several years.Read MoreRead Less
Courtesy of Albers Real Estate Investment Company, Hap Albers 831-372-1922
Listing Snapshot
Days Online
74
Last Updated
Property Type
Five Or More Units
Square Ft.
2,300
Lot Size
0.2 Acres
Year Built
1931
MLS Number
ML82040986
30 Days Snapshot Of 95076
$1.05M
-11%
(avg) sold price
32
+18%
homes sold
39
+77%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 8886.00, Max Area Units: Square Feet, Lot is 0.20399449035813 acres
Accessibility Features
None
Unit One
Rent: $1,900, 1 bedroom
Unit Two
Rent: $1,500
Building
2,300 structure square feet, Age: 95, Built in 1931, 2 buildings, 5 minimum units in complex
Cooling
None
Floors
Laminate, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage
4 garage spaces, Detached Garage, Off-Street Parking, On Street
Water Features
Individual Water Meter
Heating
Electric
Kitchen
Countertop - Formica, Countertop - Granite, Exhaust Fan, Oven Range - Gas, Refrigerator
Laundry
Coin Operated, Washer / Dryer
Tenant Pays
Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
Miscellaneous
Total expenses: 39388
Parking
3 parking spaces
Property
Zoning: R-1
Roof
Flat / Low Pitch
Security Features
None
Taxes
Annual tax amount: $13,680
Sewer
Sewer Connected
Utilities
Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
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Melanie Ventura
Realtor
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