344 Pennsylvania DR, Watsonville, CA 95076
- $4,300,000
- 6,048
- SqFt
Listed by Jo Ellen Smith, 831-247-9600 from Bailey Properties
(If provided) CoList: Tim Bowers from Bailey Properties
- List Price
- $4,300,000
- MLS#
- ML82051650
- Status
- ACTIVE
- Property Type
- Commercial
- Class
- Five or More Units
- Sqft. of Residence
- 6,048
- City
- Watsonville
- Lot Size
- 13,112
- Zip
- 95076
- Sqft. of Residence
- 6,048
- Listing Area
- Watsonville
- Neighborhood
- Other
- Year Built
- 1965
Property Description
This property is an exceptional 8-unit investment opportunity in Watsonville. This well-maintained property features seven spacious 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit, offering strong tenant appeal and a proven rental history. Completely renovated in 2025, this property was rebuilt from the studs out with extensive upgrades including new drywall, plumbing, electrical systems, new roofs, modern kitchens with gas cook tops, quartz counter tops, and new cabinetry. Beautifully updated bathrooms with tub and over head shower. Bedrooms are ample sized with large closet area. Built -in storage cabinets in hallway. Luxury plank flooring (LPF) throughout all units. Ground floors have individuals private back yards of various sizes. Upper units have balconies. Conveniently located distance to Target, Home Depot, shopping, dining, and everyday amenities. The property also benefits from an elementary school right on the corner and easy access to downtown Watsonville and HWY 17 For investors seeking a turnkey asset with significant capital improvements already completed, this is a rare opportunity to acquire a fully renovated, income-producing property in a highly desirable location. All units are at current market rates with all utilities paid by tenants.
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Additional Information
- Amenities
- None
- Cooling System
- None
- Floor Covering
- Laminate
- Foundation
- Concrete Perimeter
- Garage Parking
- No Garage, Parking Area, Tandem Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- None
- Living Area
- 6,048
- Lot Description
- Grade - Mostly Level
- Lot Size
- 13,112
- Neighborhood
- Watsonville
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Style
- Contemporary
- Water
- Public
- Zoning
- RM3
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