$1,195,000
236 Locust ST
Watsonville, CA, 95076
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. All units were remodeled after purchase in 2017. 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.
Property Details
Price:
$1,195,000
MLS #:
ML82040986
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Mar 31, 2026
Total Sq Ft:
2,300
Lot Size:
8,886 sqft / 0.20 acres (approx)
Year Built:
1931
Schools
School District:
Other
Interior
Cooling
NO
Heating
ELC
Exterior
Parking Spots
3
Parking Total
3
Roof
FLTR
Financial
Maintenance Fee
$3,750
Taxes
$13,680
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
More About JamesMortgage Calculator
Map
Current real estate data for Commercial in Watsonville as of Apr 11, 2026
15
Commercial Listed
151
Avg DOM
$4,280,667
Avg List Price
Community
- Address236 Locust ST Watsonville CA
- CityWatsonville
- CountySanta Cruz
- Zip Code95076
Similar Listings Nearby
Property Summary
- 236 Locust ST Watsonville CA is a Commercial for sale in Watsonville, CA, 95076. It is listed for $1,195,000 To schedule a showing of MLS#ml82040986 at 236 Locust ST in Watsonville, CA, contact your James Outland agent at 8057482262.
Courtesy of Albers Real Estate Investment Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 236 Locust ST
Watsonville, CA