28 Madison Street Watsonville, CA $ 1,000,000
28 Madison Street
$ 1,000,000
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28 Madison Street

Watsonville, CA, 95076
$ 1,000,000
Baths0.0 Sq 2,461

Monthly Estimate*

$ 6,314

Listed by Aldina Real Estate,Inc.
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Studio

Multi-Family Home for sale in Watsonville, CA

for $1,000,000. This 2,461 square foot home was built in 1933 on a lot size of 0.186.

Rare opportunity to own a beautifully maintained triplex offering timeless architectural charm, exceptional curb appeal, and outstanding investment potential. This attractive property features an ideal unit mix of two 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit, providing strong rental appeal. Each unit is separately metered for gas, electricity, water, sewer, and garbage, allowing tenants to pay all utilities and helping keep owner operating expenses low. Recent improvements include a brand-new permitted detached three-car garage, providing each unit with its own private enclosed garage complete with automatic garage door opener. The exterior of both the triplex and detached garage have been freshly painted, complemented by new fencing, refreshed landscaping, and a newer roof installed within the past 10 years on the multi-unit building. The expansive rear courtyard offers an abundant of parking for tenants, a rare amenity for an in-town investment property. Conveniently located within walking distance to Mintie White Elementary School, E.A. Hall Middle School, Watsonville High School, and downtown Watsonville, this turnkey investment offers the perfect combination of character, recent improvements, low maintenance, and long-term income potential.

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Multi-Family Contingent

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,364

Style

Lot Size

0.186

Year Built

1933

Town/City

Watsonville

County/Region

Santa Cruz

MLS | Web ID

ML82055100

Days on Market

15

Features
General
Living Area 2461
Sewer Public Sewer
Heating Fireplace(s) Wall Furnace
Possession Close Of Escrow
Roof Composition
Appliances Gas Cooktop Vented Exhaust Fan
Zoning R-1
Garage Spaces 3
Year Built 1933
Property Subtype Triplex
Accessibility None
County Santa Cruz
Insurance Expense 3216
Property Type Residential Income
HOA false
MaintenanceExpense 3600
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Cross Street: East Lake Avenue
High School Other
City Watsonville
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8102
Carport Spaces 0
Elementary School Other
Tax Annual Amount 15364
Middle/Junior High School Other
Trash Expense 0
Standard Status Active Under Contract
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Triplex
Cap Rate 2.41
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Interior
Flooring Carpet Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Covered Uncovered
Water Source Public
Total Parking 6
Lot Size Area 8102
Foundation Details Concrete Perimeter Pillar/Post/Pier
Number of Buildings 1
Building Area Total 2461
Lot Size Acres 0.186
Lot Size Source Assessor
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* Excluded Features
List By
Aldina Real Estate,Inc.

Broker

tony@tonymelorealestate.com

Email

Affordability Calculator

$7,594
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$1,280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4826967 Elementary School
4826966 Middle School
Other High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$1,000,000 Listed Price

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28 Madison Street, Watsonville, CA, 95076 is a Multi-Family Home for sale at $1,000,000 with 2,461 sqft and a lot size of 0.186. 28 Madison Street is a studio with 0.0 baths and was built in 1933. The property's zip code is 95076 which is in Watsonville, CA