• MLS® #: ML81693058
  • 116 Elm St
  • $1,995,000
  • 6437 SQ. Feet, 0.36 Acres
  • Multi-Residential
  • Agent: Sandra Lilly
  • Office: Sereno Group

Rare Opportunity to purchase a solid and straight forward investment property. Offers Six 2 bedroom apartments with private balconies and/or yards, and a 4 bedroom single family home. Total of 19 parking spaces, which include four 3 car carports. Add value opportunity due to current rents being significantly low. Projected rental income is $185,844, based on SC County Housing Authority payment standards (2bdrm-$2063 / 4bdrm-$3109 per month). Located in high demand rental area. No Rent Control. Walking distance to Downtown Watsonville, Cabrillo College, public transportation and local schools. Easy freeway access to Highways 1, 152, and 129.

Essential Information

  • MLS® #ML81693058
  • Price$1,995,000
  • Square Footage6,437
  • Acres0.36
  • Year Built1994
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address116 Elm St
  • AreaWatsonville
  • CountySanta Cruz
  • StateCA
  • Zip Code95076


  • UtilitiesPublic Utilities
  • Parking Spaces6


  • HeatingGas Heat, Wall Furnace
  • CoolingNo Cooling


  • Lot DescriptionGrade - Level, Regular
  • RoofTile Roof
  • ConstructionStone
  • FoundationOther Foundation

Additional Information

  • ZoningApartment
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