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For sale
  • $4,300,000

    Pennsylvania Dr, Watsonville, CA 95076

    5beds
    3baths
    6,048sqft
    : 
    $29,314/mo
    Get pre-qualified
    Five Or More Units, Residential Income
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $711/sqft
    $-- HOA

    What's special

    Upper units have balconiesNew roofsQuartz counter topsNew cabinetry
    This property is an exceptional 8-unit investment opportunity in Watsonville. This well-maintained property features seven spacious 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit, offering strong tenant appeal and a proven rental history. Completely renovated in 2025, this property was rebuilt from the studs out with extensive upgrades including new drywall, plumbing, electrical systems, new roofs, modern kitchens with gas cook tops, quartz counter tops, and new cabinetry. Beautifully updated bathrooms with tub and over head shower. Bedrooms are ample sized with large closet area. Built -in storage cabinets in hallway. Luxury plank flooring (LPF) throughout all units. Ground floors have individuals private back yards of various sizes. Upper units have balconies. Conveniently located distance to Target, Home Depot, shopping, dining, and everyday amenities. The property also benefits from an elementary school right on the corner and easy access to downtown Watsonville and HWY 17 For investors seeking a turnkey asset with significant capital improvements already completed, this is a rare opportunity to acquire a fully renovated, income-producing property in a highly desirable location. All units are at current market rates with all utilities paid by tenants.
    36 days
    |
    191
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jo Ellen Smith 01341240 831-247-9600,

    Bailey Properties 831-426-4100,

    Tim Bowers 01796536 408-835-1376

    Source: MLSListings Inc,MLS#: ML82051650MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Kitchen
      • Features: Countertop_Stone
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Gas Cooktop, Electric Oven, Self Cleaning Oven
      • Laundry: None
      Features
      • Flooring: Laminate
      • Windows: None
      Interior area
      • Total structure area: 6,048
      • Total interior livable area: 6,048 sqft

      Property

      Parking
      • Total spaces: 11
      • Parking features: No Garage, Parking Area, Tandem
      • Has carport: Yes
      Accessibility
      • Accessibility features: Parking
      Lot
      • Size: 0.3 Acres
      • Features: Mostly Level
      Details
      • Parcel number: 01633121000
      • Zoning: RM3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Five Or More Units, Residential Income
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Year built: 1965

      Utilities & green energy

      • Gas: IndividualGasMeters, PublicUtilities
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public Utilities, Water Public

      Community & HOA

      Location
      • Region: Watsonville

      Financial & listing details

      • Price per square foot: $711/sqft
      • Date on market: 6/19/2026
      • Listing agreement: ExclusiveRightToSell
      • Listing terms: CashorConventionalLoan
      • Inclusions: OvenRangeAllUnits
      • Lease term: Month To Month

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/19/2026Listed for sale$4,300,000$711/sqft
        Source: MLSListings Inc #ML82051650 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95076

        Getting around

        84 / 100
        Very Walkable
        41 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: StarlightElementary
        • Middle: CesarEChavezMiddle_1
        • High: WatsonvilleHigh
        • 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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