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236 Locust Street Watsonville, CA $ 1,295,000
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$ 1,295,000 Get more info
236 Locust Street
$ 1,295,000
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236 Locust Street

Watsonville, CA, 95076
$ 1,295,000
Bedrooms1 Baths-- Sq 2,300

Monthly Estimate*

$ 7,974

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 with 1 bedroom. This 2,300 square foot building was built in 1931 on a lot size of 0.2.

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

Bedrooms

1

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.2

Year Built

1931

Town/City

Watsonville

County/Region

Santa Cruz

MLS | Web ID

ML82040986
Features
General
Living Area 2300
Heating Electric
Cooling None
Appliances Refrigerator
Zoning Gene
Year Built 1931
Property Subtype Other
County Santa Cruz
Property Type Commercial Sale
HOA false
Status Active
City Watsonville
MLS Area Listing
Lot Size Square Feet 8886
Standard Status Active
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Interior
Interior Amenities Updated Baths Updated Kitchen
Flooring Laminate Tile
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Coin Operated
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Exterior
Lot Size Area 8886
Building Area Total 2300
Lot Size Acres 0.2
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* Excluded Features
List By
Hap Albers

Listing Agent

Albers Real Estate Investment Company

Broker

hap@albersrealestate.com

Email

Affordability Calculator

$7,974
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Monthly Principal & Interest
$7,974
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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
0 Middle School
Unknown High School High School
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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 0.2. 236 Locust Street has 1 bedroomsThe property's zip code is 95076 which is in Watsonville, CA

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