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For sale
  • Price cut: $376K (7/24)
    $2,499,000

    Frd, Watsonville, CA 95076

    --beds
    --baths
    4,878sqft
    : 
    Five Or More Units,
    Built in 2024
    -- sqft lot
    $2,424,800 Zestimate®
    $512/sqft
    $-- HOA

    What's special

    New bathsFresh paintNew flooringUpdated plumbingNew kitchens
    5.84% CAP RATE! Two brand new (May 2024) 750 Sq. Ft. 2-bedroom/2-bath townhomes, all electric with solar, heatpump, all new everything! Plus Main Building with 5 units ( four 1-bedroom, 1- two-bedroom) that have all been remodeled over the past 5 years (new kitchens, new baths, new flooring, fresh paint, updated plumbing and electric). 3 units just had new flooring and bathrooms installed. On-site parking for all units. This property currently generates $218,820 in Annual Gross Rents ($182,35/month) and a Net Operating Income of $145763 per year resulting in a 5.8% Cap Rate. Tenants would very much like to stay. Property Management firm is in place to make this an easy transition for you.
    116 days
    on Zillow
    |
    145
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 24, 2025 at 04:42am

    Listed by:

    Ruth Bates 01799929 831-359-2212,

    Compass

    Source: MLSListings Inc,MLS#: ML82002701MLS Logo

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of Frd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Electric, Other
    Cooling
    • None
    Features
    • Doors: None
    Interior area
    • Total structure area: 4,878
    • Total interior livable area: 4,878 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Off Street
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 01814203000
    • Zoning: Multi-Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units,
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Composition
    Condition
    • Year built: 2024

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Watsonville

    Financial & listing details

    • Price per square foot: $512/sqft
    • Date on market: 4/15/2025
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: OvenRangeAllUnits
    • Lease term: Other
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