236 Locust Street Watsonville, CA $ 1,295,000
236 Locust Street
$ 1,295,000
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236 Locust Street

Watsonville, CA, 95076
$ 1,295,000
Bedrooms-- Baths-- Sq 2,300

Monthly Estimate*

$ 7,974

Listed by Albers Real Estate Investment Company
236 Locust Street, Watsonville, CA 95076 - Image 1
236 Locust Street, Watsonville, CA 95076 - Image 2

Commercial Property for sale in Watsonville, CA

for $1,295,000. This 2,300 square foot building was built in 1931 on a lot size of 0.204.

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 - 10.87 GRM and 5.88% 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.

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Commercial Active

Price

$ 1,295,000

Property Type

Commercial

Taxes

$ 14,761

Style

Lot Size

0.204

Year Built

1931

Town/City

Watsonville

County/Region

Santa Cruz

MLS | Web ID

ML82040986

Days on Market

1

Features
General
Heating Electric
Cooling None
Roof Flat
Zoning General Industrial
HOA Fee 0
Year Built 1931
County Santa Cruz
Insurance Expense 6750
Property Type Commercial Sale
MaintenanceExpense 3750
Special Listing Conditions Standard
Status Active
Directions Cross Street: W. Riverside & 2nd Street
City Watsonville
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8886
Carport Spaces 0
Tax Annual Amount 14761
Trash Expense 2544
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 3
Lot Size Area 8886
Number of Buildings 2
Building Area Total 2300
Lot Size Acres 0.204
Lot Size Source Assessor
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* Excluded Features
List By
Albers Real Estate Investment Company

Broker

hap@albersrealestate.com

Email

Affordability Calculator

$9,204
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,974
Monthly Property Taxes
$1,230
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$1,295,000 Listed Price

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236 Locust Street, Watsonville, CA, 95076 is a Commercial Property for sale at $1,295,000 with 2,300 sqft and a lot size of 0.204. 236 Locust Street was built in 1931. The property's zip code is 95076 which is in Watsonville, CA