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(805) 234-1337
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Tamsin Enos, DRE#02152651, REALTOR®
(805) 234-1337
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236 Locust Street, Watsonville, CA 95076

$1,295,000
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  • 236 Locust Street, Watsonville, CA 95076 Main Photo

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New to the Market Active
MLS#ML82040986
STATUSActive PROPERTY TYPECommercial - Business SCHOOLOther
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Listing Courtesy of: Albers Real Estate Investment Company
Agency Phone: 831-372-1922
Associate Name: Hap Albers
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Tamsin Enos, DRE#02152651, REALTOR®


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Property Description

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 - 10.87 GRM and 5.88% cap rate on current rents at full price. 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.

236 Locust Street | MLS# ML82040986

This commercial property located at 236 Locust Street, Watsonville, CA 95076 is currently listed for sale with an asking price of $1,295,000. Locust Street is located within the Other school district. Search Watsonville real estate on tamsinenos.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Cooling: None
Heating: Electric
Lot Size: 0.20 Acres
Roof Type: Flat
Taxes: $14,761
Year Built: 1931

Feature Descriptions

Days on Site: 6
Parcel#: 01716217000

Local Schools

School District: Other

Listed By / Shown By

Listed By

Agency Name: Albers Real Estate Investment Company
Agency Phone: 831-372-1922
Agent Name: Hap Albers

agent picture

Shown By

Agent Name: Tamsin Enos, DRE#02152651, REALTOR®
Agent Phone: (805) 234-1337
Agency Title: Farrell Smyth, Inc.

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Tamsin Enos, DRE#02152651, REALTOR®
Tamsin Enos, DRE#02152651, REALTOR® Office: (805) 234-1337 Cell: (805) 234-1337 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 4:35:15 AM EST) or CRMLS (last updated Mon 04/06/2026 12:27:22 AM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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