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116 Elm ST, Watsonville, CA 95076

Commercial Property MLS# 81693058 ID: 50122563
$1,795,000 Get Rates

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.

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Location Information near 116 Elm ST
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Property Features for 116 Elm ST
Market Status
Last Updated
July 23, 2018
Property Type
Commercial Property
Year Built
Approx. Lot Size
0.37 Acres
Sq. Feet

Building Features

  • Heating System: Gas Heating, Wall Furnace
  • Roof: Tile Roof

Exterior Features

  • Parking: Assigned Parking, Covered Parking, Guest Parking, Off Street Parking, Uncovered Parking

Interior Features

  • Floors: Carpeting


  • MLS Area: Watsonville

Lot Features

  • Fence: Fenced
  • Water Utilities: Public Water Supply, Separate Water
  • Lot Size: Level

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More information about this $1,795,000 Commercial Property at 116 Elm ST

This $1,795,000 Commercial Property at 116 Elm ST in Watsonville, CA is offered by Sandra Lilly. This $1,795,000 Commercial Property, located in the 95076 zip code, has the following property features: Floors, Fence, Roof, MLS Area. This 116 Elm ST Commercial Property, located in Santa Cruz County , is listed under MLS listing number 81693058 and has a listing price of $1,795,000. You can find more Watsonville homes for sale here.