$1,579,000

124 E Riverside Dr Watsonville, CA 95076

Estimated payment $10,116/month

Total Views 26,688
9 Beds
5 Baths
3,208 Sq Ft
$492 Price per Sq Ft

Highlights

  • 0.35 Acre Lot
  • Vinyl Flooring
  • 5-minute walk to Watsonville Parks & Recreation Youth Soccer League
  • Granite Countertops

About This Home

There are three homes on this property, but county records show that it is zoned for up to 10 units. All three homes have 3 bedrooms, unit #1 has just 1 bathroom and the other two units have 2 bathrooms. Units 2 & 3 have granite countertops, engineered wood flooring, one shower stall and one combo tub/shower, and are both 1075 square feet. Unit 1 has formica countertops and LVP flooring and is 1050 square feet, it also has a basement (currently used for storage. There is a carport for 4 cars in the middle of the units, with plenty of additional parking on the property. This property is located close to the freeway and close to downtown.

Listing Agent

Steve Malvini

Malvini Real Estate Group License #01198227 Listed on: 05/29/2025

Co-Listing Agent

Miguel Martinez

Malvini Real Estate Group License #01340122

Property Details

Home Type

  • Multi-Family

Year Built

  • 1921

Lot Details

  • 0.35 Acre Lot

Home Design

  • 3,208 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Kitchen

  • Granite Countertops
  • Formica Countertops

Flooring

  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Uncovered Parking

Listing and Financial Details

Community Details

Overview

  • 3,208 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $3,000
  • Operating Expense $10,286
  • Gross Income $88,800

Property Details

Home Type

Multi-Family

Year Built

1921

Lot Details

0

Listing Details

  • Zoning: multi family 10 less
  • Subclass: Multiple Dwellings / Structures
  • Age: 104
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3208
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1921

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite
  • Living Sq Ft: 3208
  • Flooring: Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Parking Area, Uncovered Parking
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Pajaro Valley Unified

Lot Info

  • Lot Acres: 0.3490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15202.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15202.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.78
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3000
  • Expenses Total: 10286
  • Income Annual Gross: 88800.00
  • Income Annual Rental: 88800
  • Income Gross Scheduled: 88800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Insurance, Maintenance, Maintenance - Capital Improvements
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Heating, Utilities - Water

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $1,579,000 -- $492 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82008899

MLSListings

APN: 017-262-55

California Santa Cruz County Watsonville 95076

124 E Riverside Dr, Watsonville, CA

This home is located at 124 E Riverside Dr, Watsonville, CA 95076 and is currently priced at $1,579,000, approximately $492 per square foot. This property was built in 1921. 124 E Riverside Dr is a home located in Santa Cruz County with nearby schools including Landmark Elementary School, E.A. Hall Middle School, and Watsonville High School.

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Steve Malvini
Listing Agent
Steve Malvini
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Malvini Real Estate Group
(831) 618-1461