Michelle Rico
Epique Realty
(831) 851-2616
5 Total Sales
2 in Watsonville
$550K - $964K Price Range
28 Madison St Watsonville, CA 95076
Watsonville Area
4
Beds
3
Baths
2,461
Sq Ft
8,276
Sq Ft Lot
Highlights
- 3 Car Detached Garage
- Secured Garage or Parking
- Tile Flooring
- Fireplace
- Laundry Room
- Ceiling Fan
About This Home
As of August 2026Rare 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.
Last Agent to Sell the Property
Aldina Real Estate,Inc. License #01844100 Listed on: 07/22/2026
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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
- Total Actual Rent $52,020
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 6, 2022
Sold by
Kenn Okamura
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Watsonville, CA
-
Michelle Rico
-
Sophia Lerios
Sophia Lerios
eXp Realty of California Inc
(831) 480-1790
16 Total Sales
1 in Watsonville
$684,000 Price
-
Jorge Edeza
Jorge Edeza
Remax Property Experts
(831) 273-8618
107 Total Sales
3 in Watsonville
$550K - $760K Price Range
-
Lynn Shaffer
Lynn Shaffer
LUX Real Estate
(831) 265-0590
27 Total Sales
1 in Watsonville
$365,000 Price
-
Amol Heda
Amol Heda
KW Bay Area Estates
(669) 221-8510
50 Total Sales
1 in Watsonville
$791,000 Price
-
Geneva Lawless
Geneva Lawless
David Lyng Real Estate
(831) 708-9272
84 Total Sales
6 in Watsonville
$475K - $990K Price Range
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: Public Records
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 |
|---|---|---|---|---|
| 08/14/2026 08/14/26 | Sold | $1,000,000 | 0.0% | $406 / Sq Ft |
| 07/24/2026 07/24/26 | Pending | -- | -- | -- |
| 07/22/2026 07/22/26 | For Sale | $1,000,000 | -- | $406 / Sq Ft |
Source: MLSListings
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 |
|---|---|---|---|---|
| 2026 | $15,363 | $1,220,390 | $742,846 | $477,544 |
| 2025 | $15,363 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Melo
Seller's Agent in 2026
Tony Melo
Aldina Real Estate,Inc.
(831) 566-9716
115 Total Sales
-
Jorge Alvarez
Buyer's Agent in 2026
Jorge Alvarez
Sereno Group
(831) 809-2692
35 Total Sales
Map
Source: MLSListings
MLS Number: ML82055100
APN: 018-181-12
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