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Locust, Watsonville CA 95076
Locust, Watsonville CA 95076
Locust, Watsonville CA 95076
Locust, Watsonville CA 95076
California>Watsonville>Downtown Watsonville

LocustWatsonville, CA 95076

For Sale

$1,195,000

Smart Buyer Rebate $11,950

Lowest priced 5-unit complex in Santa Cruz County. Great opportunity for investors looking for revenue & financial returns vs great neighborhoods. $109,000 in Scheduled Gross Income delivers profitable returns - 10.07 GRM and 6.35% cap rate on current rents at full price. Rents have not been increased in several years. All units were remodeled after purchase in 2017. The complex has 4 one-bedroom units and a studio. New roofs for all buildings are pending in the spring of 2026. All asphalt was redone in 2023. Future capital improvement costs are minimal for several years. The complex is close to downtown Watsonville and Highway One.

Listed by Hap Albers

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License #01006595

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Albers Real Estate Investment Company

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831-372-1922

Last updated April 20, 2026

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Source: MLSListings #ML82040986

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Watsonville
  • Days on Prevu32
  • Size2,300 sqft
  • Price per sqft$520

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

04/08/2026
Price Decreased
$1,195,000
04/08/2026
Price Decreased
$1,200,000
03/31/2026
Listed by Albers Real Estate Investment Company
$1,295,000

Property Details for Locust

Association

General

  • Number Of Units In Community: 5

Exterior

Construction

  • Roof: Flat
  • Year Built: 1931

Measurements

  • Building Area Total: 2,300
  • Lot Size Acres: 0.20
  • Lot Size Area: 8,886
  • Lot Size Square Feet: 8,886

Financial

Taxes

  • Parcel Number: 017-162-17-000

Interior

Features

  • Appliances: Exhaust Fan, Oven Range - Gas, Washer/Dryer
  • Flooring: Laminate, Tile, Vinyl/Linoleum

Measurements

  • Living Area: 2,300

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Detached, Off-Street Parking, On Street
  • Parking Total: 3

Schools

Elementary School

  • Elementary School District: Pajaro Valley Unified

High School

  • High School District: Pajaro Valley Unified

Utilities

Equipment

  • Heating: Electric
  • Laundry Features: Coin Operated

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at Locust.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for Locust.

How does Locust compare to other multi-family homes in Downtown Watsonville?

This multi-family home is listed 52% below the average price for multi-family homes in Downtown Watsonville and has been on the market for 19 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,300 sqft.

Locust is a -bedroom multi-family home for sale in Watsonville CA 95076. Listed on Prevu for 32 days at $1,195,000. This includes a recent price decrease of $5,000. This property features 2,300 square feet of living space, located in Watsonville. The median listing price for multi-family homes in this area is $2,067,000. Additional amenities include pets allowed and parking. Explore more multi-family home listings in Watsonville.

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.