NOT LISTED FOR SALE

434 2nd St Watsonville, CA 95076

6 Beds
3 Baths
1,924 Sq Ft
6,273 Sq Ft Lot

Last Sold November 29, 2021

Last sale price $1,025,000 $533 Per Sq Ft

68 Days on Market

About This Home

As of November 2021

Great opportunity for an investment property. Built in 1993, 3 apartments with 2 bed 1 bath each. Each apartment metered separately with a garage or carport parking. Concrete drive way with low maintenance common area.

Last Agent to Sell the Property

Lorena Murillo Weldon

eXp Realty of California Inc License #01800223 Listed on: 08/13/2021

eXp Realty of California Inc

Last Buyer's Agent

Christina Wallace

Lone Wolf Real Estate Tech.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1993

Lot Details

  • 6,273

Parking

  • 3 Car Attached Garage
  • 3 Carport Spaces
  • On-Street Parking

Home Design

  • 1,924 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Additional Features

  • 6,273 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $53,400

Community Details

Overview

  • 1,924 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,391
  • Operating Expense $4,146
  • Gross Income $53,400

Property Details

Home Type

Multi-Family

Year Built

1993

Lot Details

6,273 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: residential
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1993

Interior Features

  • Living Sq Ft: 1924

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Covered Parking, On Street, Parking Area
  • Carport Min: 3

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6273.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6273.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.07
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1391
  • Expenses Total: 4146
  • Income Annual Gross: 53400.00
  • Income Annual Rental: 53400
  • Income Gross Scheduled: 53400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance - Repair
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water
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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 List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $1,025,000 -8.9% $533 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $1,125,000 -6.3% $585 / Sq Ft
10/08/2021 10/08/21 For Sale $1,200,000 0.0% $624 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $1,200,000 -- $624 / Sq Ft
Source: MLSListings

Tax History

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 $12,531 $1,061,208 $636,725 $424,483
2023 $12,339 $1,020,000 $612,000 $408,000
2022 $1,628 $86,870 $17,390 $69,480
2021 $1,299 $85,167 $17,049 $68,118
2020 $1,284 $84,294 $16,874 $67,420
2019 $1,259 $82,641 $16,543 $66,098
2018 $1,225 $81,021 $16,219 $64,802
2017 $1,210 $79,433 $15,901 $63,532
2016 $1,179 $77,875 $15,589 $62,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81858393

MLSListings

APN: 017-082-27

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