NOT LISTED FOR SALE
7 Beds
4 Baths
3,244 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: June 17, 2022

Last sale price $1,404,000 $433 Per Sq Ft

2 Days on Market

Highlights

  • 0.26 Acre Lot
  • 3 Car Detached Garage
  • 3-minute walk to Callaghan Park

About This Home

As of June 2022

Wonderful opportunity to own this centrally located Triplex of detached units in the heart of downtown Watsonville. All units come with a one car garage.

Last Agent to Sell the Property

Ed Gagne

Bailey Properties License #01450406 Listed on: 03/28/2022

Last Buyer's Agent

Raeid Farhat

Raeid Farhat Real Estate Inc License #01295607

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1906

Lot Details

  • 0.26

Parking

  • 3 Car Detached Garage
  • On-Street Parking
  • Unassigned Parking

Home Design

  • 3,244 Sq Ft Home
  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Additional Features

  • 11,500 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $52,800

Community Details

Overview

  • 3,244 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $2,235
  • Maintenance Expense $1,000
  • Manager Expense $5,280
  • Other Expense $858
  • Operating Expense $12,823
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Year Built

1906

Lot Details

0.26 Acres

Parking

3

Listing Details

  • Zoning: Multi-Fam
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3244
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Living Sq Ft: 3244

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area, Detached Garage, On Street, Unassigned Spaces

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.73
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2235
  • Expense Maintenance: 1000
  • Expense Management: 5280
  • Expenses Other: 858
  • Expenses Total: 12823
  • Income Annual Gross: 52800.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Exterminator, Maintenance - Repair, Services - Sewer
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $1,404,000 +17.0% $433 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,200,000 -- $370 / Sq Ft
Source: MLSListings

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Map

Source: MLSListings

MLS Number: ML81884318

MLSListings

APN: 018-162-09-000

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