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6,048 sqft

$4,300,000

344 Pennsylvania Drive, Watsonville CA, 95076

Price per sqft$710.98
Built in1965
Property size6,048 sqft
Property typeOther

Overview

Active

Listed Jun 19, 2026

Updated 7 days ago

An exceptional 8-unit investment opportunity in Watsonville. This is a 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 2024, 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.

$28,608/mo

Est. mortgage payment based on a $4,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82051650

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres
MLS provider logo

Listed by Jo Ellen Smith, Tim Bowers with Bailey Properties
Listing Contact: 831-247-9600 

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