Millman Team Real Estate

$4,300,000
0.30 Acre Lot

Pennsylvania Drive, Watsonville, California 95076

  • Commercial Sale Property Type
  • 1965 Year Built
Property Description

This property is an exceptional 8-unit investment opportunity in Watsonville. This well-maintained property features seven spacious 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit, offering strong tenant appeal and a proven rental history. Completely renovated in 2025, this property was rebuilt from the studs out with extensive upgrades including new drywall, plumbing, electrical systems, new roofs, modern kitchens with gas cook tops, quartz counter tops, and new cabinetry. Beautifully updated bathrooms with tub and over head shower. Bedrooms are ample sized with large closet area. Built -in storage cabinets in hallway. Luxury plank flooring (LPF) throughout all units. Ground floors have individuals private back yards of various sizes. Upper units have balconies. Conveniently located distance to Target, Home Depot, shopping, dining, and everyday amenities. The property also benefits from an elementary school right on the corner and easy access to downtown Watsonville and HWY 17 For investors seeking a turnkey asset with significant capital improvements already completed, this is a rare opportunity to acquire a fully renovated, income-producing property in a highly desirable location. All units are at current market rates with all utilities paid by tenants.

Basic Details
Commercial Sale
For Sale
ML82051650
$4,300,000
1965
0.30 Acre
Active
: Composition
Features
: Wall Furnace
: None
: None
$0
Address Map
CA
Santa Cruz
Watsonville
95076
Pennsylvania
Drive
W122° 13' 30.1''
N36° 55' 37.3''
Cross Street: Main
699 - Not Defined
RM3
Neighborhood
Other
Other
Other
Other
Additional Information
$0
$0
$0
$0
$0
6048
2026-06-19
: Public
Broker/Agent Information
Bailey Properties
Jo Ellen Smith
Financial
26000.0
Listing Information
Tim Bowers
ML102863
ML35573
Bailey Properties
ML148505
ML35573
Active
2026-06-19T22:38:57Z
CRMLS
: Standard
2026-06-19T05:29:31Z
Agent info
Ray Millman
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