16 Grove St., Watsonville, CA 95076 - ML81995361 - iPro Real Estate
iPro Real Estate

iPro Real Estate

16 Grove St.
Watsonville, CA 95076

Active, Multi-Family/Income Sale

New Listing
For Sale

$2,595,000 $523.82 per sqft

Free Professional CMA

Listing ID : ML81995361

  • Structure / Lot Size

    4,954 Sqft / 0.3870 Acre

  • Year

    1955

Description

Nine-unit complex in great condition. The units consist of: 1 - 3 Bedroom/2 Bath; 1 - 2 Bed/1 Ba; 5 - 1 Bed/1Ba; 2 - Studios all with assigned parking & storage units. The current Gross Monthly Rent is $19,605; the property sits on a 0.38-acre, fully fenced lot. Complexs recent upgrades: electrical, plumbing, parking lot & windows. Recent addition of subpanels makes potential for separate metering possible currently landlord pays PG&E, Water & Garbage. No insurance claims, same owners since 2006.

Details

Type: Multi-Family/Income Sale 
Subdivision: Watsonville 
County: Santa Cruz 
Security Features: Security Fence 
Tax ID: 017-252-18-000
Annual Taxes: $34,000
School District: Pajaro Valley Unified
Building Size: 4,954 SqFt 
Cap Rate: 6.72% 
Gross Rent Multiplier: 11.03 
Days on Market: 1 
Access Features: Wheelchair Access 
AltCal ID: ML81995361 
Foundation: Concrete Perimeter 
Kitchen: Oven Range - Gas 
Number of Buildings: 5 
Parking Spaces: 14 
Property Type: Commercial Sale 
Restrictions: None 
Roof: Shingle 
Sewer: Sewer - Public 
Sub Type: Five or More Units 
Utilities: Public Utilities 
Water: Public 

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36.904415 -121.754326 $2,595,000 ML81995361
16 Grove St., Watsonville, CA 95076
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Listed by Ella King with Tierra Real Estate

Based on information from the MLSListings MLS) as of 2/26/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/26/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes