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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$5,600,000

Est. payment - /mo

0.8 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82048377

HOA Y/N No

Year Built 1989

Annual Tax Amount $53,578

Lot Size 0.800 Acres

Property Description

HUGE PRICE REDUCTION! 113 Gonda Street presents a rare opportunity to acquire a 16-unit multifamily investment property located in unincorporated Monterey County near the Watsonville city limits. The property features an attractive unit mix comprised entirely of spacious three-bedroom floorplans, including a combination of 3 Bed / 2 Bath and 3 Bed / 1.5 Bath units, catering to strong family-oriented and workforce housing demand throughout the Central Coast region. The property offers onsite laundry, ample resident parking, functional layouts, and strong occupancy supported by limited housing supply and high rental demand. Large three-bedroom rental units remain limited throughout the surrounding market, positioning the property for continued demand and future rental growth. Strategically located near Highway 1, the property provides convenient access to Watsonville, Santa Cruz County, Monterey Bay, Salinas, and major employment centers. The surrounding area benefits from a diverse economic base supported by agriculture, healthcare, education, hospitality, logistics, and service industries. 113 Gonda Street represents an exceptional multifamily investment opportunity.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 20

Utilities Available Natural Gas Available

Roof Type Composition

Total Parking Spaces 30

Building

Water Public

Schools

School District Other

Others

Tax ID 117371011000

Special Listing Condition Standard

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Listed by Amy M. Salmina Coast & Valley Properties, Inc. #01494129

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

113 Gonda ST Royal Oaks, CA 95076

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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