109 Jefferson Street

Watsonville, CA 95076

$1,200,000
Price
Beds
1,921 Sq. Ft.
$625 / Sq. Ft.
1,921
Sq. Ft.
$625
per Sq. Ft.

Description

This property has a great upside! The main building at the front of the lot has 3 units. The 4th unit is a 2-bedroom 1 bath separate building at the back of lot with an adjacent garage. Ample parking is available. Per the seller the City of Watsonville would allow an additional unit (ADU) to be constructed on the property. Seller has proposal and site plans for renovation of all current units plus construction of the ADU. There is also a potential possibility of removing the current structures and...This property has a great upside! The main building at the front of the lot has 3 units. The 4th unit is a 2-bedroom 1 bath separate building at the back of lot with an adjacent garage. Ample parking is available. Per the seller the City of Watsonville would allow an additional unit (ADU) to be constructed on the property. Seller has proposal and site plans for renovation of all current units plus construction of the ADU. There is also a potential possibility of removing the current structures and rebuild an apartment building with multiple units. Current rents are below market, long term month to month tenants.
  1. Listed by Diana L. Rugh • DRE #01346835 • Brokerage DRE #00793982 • David Lyng Real Estate • 831-345-7817

Property Details for 109 Jefferson Street

MLS City Name
WATSONVILLE
Building Type
FOURPLEX
Garage Spaces
1
Parking Spaces
0
Cross Street
5th
LISTING UPDATED: 09/15/2024 11:06 AM

Property Details for 109 Jefferson Street

StatusActive
MLS #ML81969676
Days on Compass162
Taxes$3,835 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1919
Lot Size0.19 AC / 8,319 SF
CountySanta Cruz County

Building Information for 109 Jefferson Street

Stories-Residences4Year Built1919Building Size-Lot Size0.19 AC / 8,319 SF

Property Information for 109 Jefferson Street

Features
Room Information
  • Kitchen: Varies by Unit, Oven Range, Refrigerator
Features
  • Fireplace: No
  • Living SqFt: 1921
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Gas
  • Meters: Master Water
  • Sewer Septic: Sewer Connected
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Unassigned Spaces, On Street, Off-Street Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Watsonville
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Other
  • Street Number: 109
  • Street Name: Jefferson
  • Area ID: 56
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 1921
  • Structure SqFt Source: Other
  • Age: 105
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: Res
Location Information
  • Incorporated: Yes
  • Parcel Number: 018-171-07-000
  • County Name: Santa Cruz
  • City Name: WATSONVILLE
  • City Postal ID: 76
  • Postal Code: 95076
  • Elementary School District: 800
  • High School District Text: Pajaro Valley Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .19
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $3,835
  • Building Unit Total: 4
  • Capitalization Rate: 5.22
  • Tenant Expenses: Services - Sewer, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $150
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $3,985
  • Operating Expenses Include: Fee - Property Tax
  • Gross Rent Multiplier: 17.66
  • Income Annual Gross: $66,585
  • Income Annual Rental: $67,944
  • Income Gross Scheduled: $67,944
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,785
Unit 2 Information
  • Unit 2 Approx Square Footage: 405
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 0
  • Unit 2 Rent: $1,082
Unit 3 Information
  • Unit 3 Approx Square Footage: 1011
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,130
Unit 4 Information
  • Unit 4 Approx Square Footage: 814
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,665
Unit Type 1
  • Unit Type1 Approx SqFt: 484

Property History for 109 Jefferson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 109 Jefferson Street

Taxable ValueLand$181,020Additions$120,680Total$301,700
Tax Record2023$3,835 ($320 / month)
Home Facts
Baths1Total Finished SqFt2,350 SqFtAbove Grade Finished SqFt2,350 SqFtLot Size8,320 SqFtStyleMulti-Family Dwelling (2-4)Year Built1919CountySANTA CRUZAPN018-171-07

Schools near 109 Jefferson Street

This home is within Pajaro Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mintie White Elementary School
PublicK to 5

E. A. Hall Middle School
Public6 to 8

Watsonville High School
Public9 to 12

Renaissance High Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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109 Jefferson Street is a multi-family home for sale in Watsonville, CA 95076. This property was listed for sale on June 14, 2024 by David Lyng Real Estate, it's currently listed at $1,200,000. It has been on the market for a total of 162 days and was last sold on July 15, 2010. This listing's school district is Pajaro Valley Unified School District. Nearby schools include Mintie White Elementary School, E. A. Hall Middle School and Watsonville High School. 109 Jefferson Street is a 0-bed, 0-bath, 1,921 sqft multi-family home built in 1919.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Lyng Real Estate, Diana L. Rugh, DRE #01346835

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.