Locust St
Watsonville, CA 95076
- 1 Bed
- 2 Baths
- 2,300 sqft
1 Bed
2 Baths
2,300 sqft
Local Information
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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 - 10.07 GRM and 6.35% cap rate on current rents at full price. Rents have not been increased in several years. All units were remodeled in 2020. 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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$520
Listed
82 days ago
Home Details for Locust St
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Interior Details Number of Rooms: 1Types of Rooms: Kitchen |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 2300 Square Feet |
Appliances & Utilities Appliances: Exhaust Fan, Gas Oven/Range, Washer/DryerLaundry: Coin Operated |
Heating & Cooling Heating: ElectricNo CoolingAir Conditioning: NoneHeating Fuel: Electric |
Gas & Electric Gas: IndividualGasMeters |
Windows, Doors, Floors & Walls Door: NoneFlooring: Laminate, Tile, Vinyl Linoleum |
Levels, Entrance, & Accessibility Accessibility: NoneFloors: Laminate, Tile, Vinyl Linoleum |
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Exterior Home Features Roof: FlatFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a CarportHas a GarageParking Spaces: 4Parking: Detached,Off Street,On Street |
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Days on Market: 82 |
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Year Built Year Built: 1931 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income |
Property Information Included in Sale: OvenRangeAllUnitsParcel Number: 01716217000 |
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Price List Price: $1,195,000Price Per Sqft: $520 |
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Direction & Address City: Watsonville |
School Information Elementary School District: PajaroValleyUnifiedHigh School District: PajaroValleyUnified |
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Listing Agent Listing ID: ML82040986 |
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Building Area Building Area: 2300 |
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Units in Building: 5 |
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Lot Area: 8712 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan |
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Mls Number: ML82040986Projected Close Date: Tue Jul 07 2026Zillow Contingency Status: Under Contract |
Last check for updates: 1 day ago
Listing courtesy of Hap Albers 01006595, (831) 372-1922
Albers Real Estate Investment Company, (831) 372-1922
Source: MLSListings Inc, MLS#ML82040986

Also Listed on MLSListings Inc.
Market trends in Watsonville
Last updated May 2026
Avg. sale price
$791K
$10.75KMoM
Sale-to-List Price
99.1%
Price per sq ft
$560
$11MoM
Available listings
113
Price History for Locust St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/28/2026 | $1,195,000 | Contingent | MLSListings Inc #ML82040986 |
| 04/08/2026 | $1,195,000 | PriceChange | MLSListings Inc #ML82040986 |
| 03/31/2026 | $1,295,000 | Listed For Sale | MLSListings Inc #ML82040986 |
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Comparable Sales for Locust St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Multi-Family Home | $910,000 | 05/06/26 | 6 | 3 | 2,246 | |
0.89 | Multi-Family Home | $900,000 | 04/17/26 | 5 | 5 | 1,000 | |
1.04 | Multi-Family Home | $1,150,000 | 12/18/25 | 6 | 5 | 1,752 | |
1.38 | Multi-Family Home | $675,000 | 07/05/25 | 4 | 2 | 1,306 | |
1.43 | Multi-Family Home | $450,000 | 05/22/26 | 2 | 1 | 766 | |
1.75 | Multi-Family Home | $1,100,000 | 10/13/25 | 5 | 4 | 1,888 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for Locust St.
What Locals Say about Watsonville
At least 298 Trulia users voted on each feature.
78 % Say there are sidewalks
78 % Say it's dog friendly
75 % Say car is needed
73 % Say yards are well-kept
70 % Say there's holiday spirit
62 % Say streets are well-lit
62 % Say they plan to stay for at least 5 years
61 % Say kids play outside
61 % Say it's walkable to grocery stores
60 % Say it's walkable to restaurants
58 % Say parking is easy
52 % Say it's quiet
51 % Say people would walk alone at night
51 % Say neighbors are friendly
40 % Say there's wildlife
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Hap Albers, Albers Real Estate Investment Company, (831) 372-1922
Agent Phone: (831) 372-1922

Based on information from the MLSListings MLS as of 2026-06-21 00:54:20 PDT. 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.
Locust St, Watsonville, CA 95076 is a 1 bedroom, 2 bathroom, 2,300 sqft multi-family built in 1931. This property is currently available for sale and was listed by MLSListings Inc on Mar 31, 2026. The MLS # for this home is MLS# ML82040986.

