Well maintained 8 unit apartment building in the heart of Watsonville. 642 Lincoln Street is a 6 unit building and 406 E 5th is a duplex, all on one parcel. Units have been updated with newer electric panels and wall heaters. Units have separate gas and electric meters. Most kitchens, bathrooms have been updated, along with newer flooring and dual pane windows. Long term tenants with low rents and no vacancy for many years. Please do not disturb the tenants. Separate laundry room with coin operated machines. This is an excellent investment for buyers looking for stable cash flow and long term upside.
Pending
$1,495,000
E 5th St, Watsonville, CA 95076
3beds
2baths
4,350sqft
Five Or More Units, Residential Income
Built in 1890
-- sqft lot
$1,430,300 Zestimate®
$344/sqft
$-- HOA
What's special
Newer flooringDual pane windows
- 52 days
- 24
- 0
Zillow last checked:
Listing updated:
Listed by:
Peter Cook 01223810 831-247-7211,
Lighthouse Realty 831-423-7355
Source: MLSListings Inc,MLS#: ML82054887
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Coin Operated
Features
- Doors: None
Interior area
- Total structure area: 4,350
- Total interior livable area: 4,350 sqft
Property
Parking
- Parking features: On Street
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 7,754 Square Feet
- Features: Level
Details
- Parcel number: 01855101000
- Zoning: MR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1890
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & HOA
Location
- Region: Watsonville
Financial & listing details
- Price per square foot: $344/sqft
- Date on market: 7/20/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
$1,430,300
$1.36M - $1.50M
$2,697/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Pending sale | $1,495,000$344/sqft |
Source: | ||
| 7/21/2026 | Listed for sale | $1,495,000$344/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95076
Nearby schools
Schools provided by the listing agent
- District: PajaroValleyUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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