236 Locust Street, Watsonville, CA

236 Locust Street 5 Units Multi Family For Sale in Marina

This complex fits investors focused on revenue and returns vs. great neighborhoods.
This complex has 4 one-bedroom / bathroom units and one studio.
The complex was remodeled in 2017.
The complex roofs will be replaced in April 2026.
The parking lot was replaced in 2023.
The complex has a laundry room with leased equipment.
The complex has 4 garage spaces and a storage room.
The tenants are billed for water, sewer, and garbage. Tenants pay their own PG&E.
The complex is estimated at 2,300 square feet. The lot size is 8,886 square feet.
The site is zoned General Industrial.

The Pacific Ocean and several beaches are 7.1+ miles from Watsonville.
Watsonville is located a short distance from the core Santa Cruz County communities, including Aptos, Capitola, Soquel, Scotts Valley, and Santa Cruz.
The core Santa Cruz County communities have more expensive housing, which creates a tight rental housing market in Watsonville.
Santa Cruz County median home price in 2025: $1,300,000.
Santa Cruz County one-bedroom average rent: $2,300-$3,200.
Watsonville median home price in 2025: $690,000-$812,000.
Watsonville one-bedroom average rent: $2,313.
The property is a short drive to Highway One, where residents can commute to major employment centers in Santa Cruz, San Jose, Salinas, and Monterey.
Services, shopping, schools, and restaurants are a short distance from the property.

236 Locust Street 5 Units Multi Family For Sale in Watsonville

236 Locust Street 5 Units For Sale in Watsonville