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124 Riverside DriveWatsonville, CA 95076

For Sale

$1,579,000

Smart Buyer Rebate $15,790

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.

Listed by Stephen Malvini

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License #01198227

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Malvini Real Estate Group

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831-206-4919

Listed by Miguel Martinez

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License #01340122

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Malvini Real Estate Group

Last updated September 02, 2025

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Source: MLSListings #ML82008899

Listing Facts

  • TypeMulti-family
  • NeighborhoodWatsonville
  • Days on Prevu104
  • Taxes$7,286/year
  • Size3,208 sqft
  • Price per sqft$492

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

05/29/2025
Listed by Malvini Real Estate Group
$1,579,000

Property Details for 124 Riverside Drive

Exterior

Construction

  • Roof: Composition
  • Year Built: 1921
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,208
  • Lot Size Acres: 0.34
  • Lot Size Area: 15,202
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 15,202
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.97
  • Gross Income: $88,800.00
  • Operating Expense Includes: Capital Improvements, Insurance, Maintenance

Taxes

  • Parcel Number: 017-262-55-000
  • Tax Annual Amount: $7,286.00

Interior

Features

  • Flooring: Laminate, Vinyl/Linoleum

Measurements

  • Living Area: 3,208

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Carport, Parking Area
  • Parking Total: 4

Schools

Elementary School

  • Elementary School District: Pajaro Valley Unified

High School

  • High School District: Pajaro Valley Unified

Utilities

Equipment

  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.