• Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Pinterest
  • YouTube
Phone877.778.8811
Login or sign up for new accountLogin / Register
Email Customer CareCustomer Care
  • Search Listings
  • About
  • Agents
  • Commercial Partners
  • Careers
  • Blog
Menu
Berkshire Hathaway HomeServices California Properties
236 Locust Street Watsonville, CA 95076
$1,195,000 0 beds, 0 baths
0 sqft
Save My Notes
 

Commercial Division Commercial Associate 877-778-8811 o
commercial@bhhscal.com Call My Office
commercial@bhhscal.com
Interested in This Property? Your message will be sent to Commercial.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.
  • Save
  • My Notes

Listing Details

Property type: (Commercial)
Property Sub-Type:
Status: Active Under Contract
Listing ID: ML82040986
List price is $1,195,000 Reduced by $100,000 on 4/8/2026
HOA Fee is $0.00
Built in 1931
0.20 acres
County: Santa Cruz
Zoning: R-1
Heating/cooling: None
Heating description: Electric

Last Updated: 7/24/2026

 Find more Watsonville properties

 Find more properties in 95076 zip code

Lat/Long: 36.905436, -121.759612.
Find nearby listings


Listing Agent: Hap Albers
Office Name: Commercial Division

Lot Details

Utilities

Attachments

Property Details

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. All units were remodeled in 2020. 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.

Financials

Annual Annual Per SF
Gross Rental Income
Other Income
Vacancy Loss
Effective Gross Income
Taxes
Operatig Expenses
Total Expenses
Net Operating Income

Area Map

CLICK TO VIEW MAP

Nearby Schools

No schools were found in the area

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 877.778.8811
hsoa-logo
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Pinterest
  • YouTube

© 2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.
Lic#: 01317331

Photo of Equal Housing Opportunity Privacy Policy - California Privacy Notice - Terms of Use - Accessibility - Legal Copyright Notice - Affiliated Business Disclosure
Do Not Sell My Personal Information DMCA.com Protection Status