Skip to content

406 E 5th StreetWatsonville, CA 95076

Santa Cruz County

$1,599,999List price
4,350Sq Ft
1890Year built
0.18Acre lot
1 day agoOn market

Description

Unbeatable value in Watsonville! Rare 8-unit portfolio priced under $200k/door on a single parcel (6-unit building at 642 Lincoln + duplex at 406 E 5th). Well-maintained with updated electrical, dual-pane windows, wall heaters, and refreshed kitchens, baths, and flooring. Select units feature bonus rooms. Separately metered for gas/electric with on-site coin-op laundry. Long-term tenants and low rents deliver massive upside. Housing Authority payment standards yield a pro forma potential gross income of $288,864/year ($2,639/mo for 1BRs, $3,379/mo for 2BRs). Walking distance to schools (elementary through high school) and downtown.

Property Information

Property type
Commercial Sale
Year built
1890
Building area
4,350 Sq Ft
Lot size
0.18 acres
Zoning
R
Days on market
1
MLS® Listing#
ML82063605

Property Features

Cooling
None
Heating
Wall Furnace
Roof
Composition
Water source
Public

Financial Details

Annual taxes
$19,987
Parcel number
01855101000

Listing Courtesy: Raeid Farhat Real Estate Inc - 8318403902

Presented by: Shawki Farhat

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-05T00:00:00.000Z 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

Connect with a Local Real Estate Expert