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FordWatsonville, CA 95076

For Sale

$2,499,000

Smart Buyer Rebate $24,990

5.84% CAP RATE! Two brand new (May 2024) 750 Sq. Ft. 2-bedroom/2-bath townhomes, all electric with solar, heatpump, all new everything! Plus Main Building with 5 units ( four 1-bedroom, 1- two-bedroom) that have all been remodeled over the past 5 years (new kitchens, new baths, new flooring, fresh paint, updated plumbing and electric). 3 units just had new flooring and bathrooms installed. On-site parking for all units.
This property currently generates $218,820 in Annual Gross Rents ($182,35/month) and a Net Operating Income of $145763 per year resulting in a 5.8% Cap Rate. Tenants would very much like to stay. Property Management firm is in place to make this an easy transition for you.

Listed by Ruth Bates

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License #01799929

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Compass

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831-359-2212

Last updated August 10, 2025

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Source: MLSListings #ML82002701

Listing Facts

  • TypeMulti-family
  • NeighborhoodWatsonville
  • Days on Prevu149
  • Size4,878 sqft
  • Price per sqft$512

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/24/2025
Price Decreased
$2,499,000
04/15/2025
Listed by Compass
$2,875,000

Property Details for Ford

Association

General

  • Number Of Units In Community: 7

Exterior

Construction

  • Roof: Composition
  • Year Built: 2024

Measurements

  • Building Area Total: 4,878
  • Lot Size Acres: 0.28
  • Lot Size Area: 12,284
  • Lot Size Square Feet: 12,284

Financial

Taxes

  • Parcel Number: 018-142-03-000

Interior

Measurements

  • Living Area: 4,878

Parking

Parking

  • Carport: Yes
  • Parking Features: Off-Street Parking
  • Parking Total: 7

Schools

Elementary School

  • Elementary School District: Pajaro Valley Unified

High School

  • High School District: Pajaro Valley Unified

Utilities

Equipment

  • Heating: Electric, 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.