28 Madison St Watsonville, CA 95076
Watsonville AreaEstimated payment $6,605/month
Highlights
- Popular Property
- Fireplace
- Laundry Room
- 3 Car Detached Garage
- Secured Garage or Parking
- Tile Flooring
About This Home
Rare opportunity to own a beautifully maintained triplex offering timeless architectural charm, exceptional curb appeal, and outstanding investment potential. This attractive property features an ideal unit mix of two 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit, providing strong rental appeal. Each unit is separately metered for gas, electricity, water, sewer, and garbage, allowing tenants to pay all utilities and helping keep owner operating expenses low. Recent improvements include a brand-new permitted detached three-car garage, providing each unit with its own private enclosed garage complete with automatic garage door opener. The exterior of both the triplex and detached garage have been freshly painted, complemented by new fencing, refreshed landscaping, and a newer roof installed within the past 10 years on the multi-unit building. The expansive rear courtyard offers an abundant of parking for tenants, a rare amenity for an in-town investment property. Conveniently located within walking distance to Mintie White Elementary School, E.A. Hall Middle School, Watsonville High School, and downtown Watsonville, this turnkey investment offers the perfect combination of character, recent improvements, low maintenance, and long-term income potential.
Property Details
Home Type
- Multi-Family
Year Built
- 1933
Lot Details
- Fenced
- Sprinkler System
Parking
- 3 Car Detached Garage
- Secured Garage or Parking
- On-Street Parking
- Uncovered Parking
- Assigned Parking
Home Design
- Triplex
- Pillar, Post or Pier Foundation
- Raised Foundation
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,461 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fireplace
Kitchen
- Gas Oven
- Gas Cooktop
- Formica Countertops
Flooring
- Carpet
- Tile
- Vinyl
Laundry
- Laundry Room
- Washer and Dryer Hookup
Utilities
- Wall Furnace
- Vented Exhaust Fan
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $1,800
- Insurance Expense $3,216
- Maintenance Expense $3,600
- Manager Expense $3,918
- Operating Expense $27,898
- Gross Income $52,020
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,874 | $1,196,460 | $728,280 | $468,180 |
| 2023 | $1,169 | $72,170 | $23,194 | $48,976 |
| 2022 | $1,143 | $70,756 | $22,740 | $48,016 |
| 2021 | $1,115 | $69,368 | $22,294 | $47,074 |
| 2020 | $1,103 | $68,656 | $22,065 | $46,591 |
| 2019 | $1,080 | $67,310 | $21,632 | $45,678 |
| 2018 | $1,051 | $65,990 | $21,208 | $44,782 |
| 2017 | $1,038 | $64,696 | $20,792 | $43,904 |
| 2016 | $1,011 | $63,427 | $20,384 | $43,043 |
| 2015 | $1,002 | $62,474 | $20,078 | $42,396 |
| 2014 | $980 | $61,251 | $19,685 | $41,566 |
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 |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $1,000,000 | -- | $406 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Allen Allen & Caroselli Ltd |
Source: MLSListings
MLS Number: ML82055100
APN: 018-181-12
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