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109 Jefferson

Watsonville, CA 95076
  • $1,200,000
  • STATUS: Active
  • ON SITE: 144 Days
  • ID#: ML81969676
UPDATED: 33 min ago
$1,200,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,921
    SQFT
  • $625
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1919
County:

School Ratings & Info

School District:
Listing Agent(s): Diana L. Rugh of David Lyng Real Estate (831-429-5700)


Description

This property has a great upside! The main building at the front of the lot has 3 units. The 4th unit is a 2-bedroom 1 bath separate building at the back of lot with an adjacent garage. Ample parking is available. Per the seller the City of Watsonville would allow an additional unit (ADU) to be constructed on the property. Seller has proposal and site plans for renovation of all current units plus construction of the ADU. There is also a potential possibility of removing the current structures and rebuild an apartment building with multiple units. Current rents are below market, long term month to month tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/151686201
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109 Jefferson Watsonville, CA 95076

  • Price: $1,200,000
  • Status: Active
  • On Site: 144 Days
  • Updated: 33 min ago
  • ID#: ML81969676
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1,921
SQFT
$625
$/SQFT
1919
Built
Neighborhood:
699 - Not Defined
County:
Santa Cruz
Area:
699 - Not Defined
School District:
Other
Property Description
This property has a great upside! The main building at the front of the lot has 3 units. The 4th unit is a 2-bedroom 1 bath separate building at the back of lot with an adjacent garage. Ample parking is available. Per the seller the City of Watsonville would allow an additional unit (ADU) to be constructed on the property. Seller has proposal and site plans for renovation of all current units plus construction of the ADU. There is also a potential possibility of removing the current structures and rebuild an apartment building with multiple units. Current rents are below market, long term month to month tenants.
Exterior Features

Carport Spaces 3 Carport YN Yes Foundation Details Concrete Perimeter Parking Features Off StreetUnassignedUncovered Parking Total 0 Roof Composition View YN No

Interior Features

Accessibility Features None Appliances Refrigerator Cooling None Cooling YN Yes Heating YN Yes

Property Features

Association YN No Cap Rate 5.22 Garage YN Yes Gross Scheduled Income 67944 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 150 Other Expense 0 Property Sub Type Quadruplex Special Listing Conditions Standard Tax Annual Amount 3835 Trash Expense 0 Water Source Public Zoning Res



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T18:33:57.327. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Diana L. Rugh of David Lyng Real Estate (831-429-5700)