221 East Riverside Drive

Watsonville, CA 95076

$1,800,000
Price
Beds
3,687 Sq. Ft.
$488 / Sq. Ft.
3,687
Sq. Ft.
$488
per Sq. Ft.

Description

Great investment opportunity in this 13,500 sq. ft. lot that features 4 homes and the possibility to build more per the City of Watsonville. Current configuration has 2 3-bedroom units, a 2-bedroom unit and a 1-bedroom. There is parking for 2 or more cars per unit. Individual gas, electric and water meters.Great investment opportunity in this 13,500 sq. ft. lot that features 4 homes and the possibility to build more per the City of Watsonville. Current configuration has 2 3-bedroom units, a 2-bedroom unit and a 1-bedroom. There is parking for 2 or more cars per unit. Individual gas, electric and water meters.
  1. Listed by Diana L. Rugh • DRE #01346835 • Brokerage DRE #00793982 • David Lyng Real Estate • 831-345-7817

Property Details for 221 East Riverside Drive

MLS City Name
WATSONVILLE
Building Type
FOURPLEX
Garage Spaces
1
Parking Spaces
4
LISTING UPDATED: 11/08/2024 05:04 PM

Property Details for 221 East Riverside Drive

StatusActive
MLS #ML81975783
Days on Compass108
Taxes$5,988 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1930
Lot Size0.31 AC / 13,547 SF
CountySanta Cruz County

Building Information for 221 East Riverside Drive

Stories-Residences4Year Built1930Building Size-Lot Size0.31 AC / 13,547 SF

Property Information for 221 East Riverside Drive

Features
Room Information
  • Kitchen: Appliances - Vary by Unit
Features
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Hookups Only
  • Living SqFt: 3687
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas, Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Watsonville
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 221
  • Street Name: Riverside
  • Street Direction Prefix: East
  • Street Suffix: Drive
  • Area ID: 56
Lot / Property Details
Building Information
  • Number of Buildings: 4
  • Structure SqFt: 3687
  • Structure SqFt Source: Assessor
  • Age: 94
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: RM3
Location Information
  • Parcel Number: 017-202-05-000
  • 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: Raised
  • Horse Property: No
  • Lot Acres: .31
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $5,988
  • Building Unit Total: 4
  • Capitalization Rate: 4.27
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $5,988
  • Operating Expenses Include: Fee - Property Tax
  • Gross Rent Multiplier: 21.50
  • Income Annual Gross: $82,899
  • Income Annual Rental: $83,736
  • Income Gross Scheduled: $83,736
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,349
Unit 2 Information
  • Unit 2 Approx Square Footage: 1156
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,904
Unit 3 Information
  • Unit 3 Approx Square Footage: 720
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,428
Unit 4 Information
  • Unit 4 Approx Square Footage: 522
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $1,297
Unit Type 1
  • Unit Type1 Approx SqFt: 1289

Property History for 221 East Riverside Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 221 East Riverside Drive

Taxable ValueLand$276,965Additions$184,643Total$461,608
Tax Record2022$5,876 ($490 / month)
Home Facts
Baths3Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtLot Size13,547 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930CountySANTA CRUZAPN017-202-05Fireplace TypeHas Fireplace

Schools near 221 East Riverside Drive

This home is within Pajaro Valley Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Linscott Charter School
CharterK to 8

E. A. Hall Middle School
Public6 to 8

Watsonville High School
Public9 to 12

PVUSD Virtual Academy
PublicK 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.

Similar Homes

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221 East Riverside Drive is a multi-family home for sale in Watsonville, CA 95076. This property was listed for sale on August 7, 2024 by David Lyng Real Estate, it's currently listed at $1,800,000. It has been on the market for a total of 108 days and was last sold on November 2, 2011. This listing's school district is Pajaro Valley Unified School District. Nearby schools include Linscott Charter School, E. A. Hall Middle School and Watsonville High School. 221 East Riverside Drive is a 0-bed, 0-bath, 3,687 sqft multi-family home built in 1930.

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.