Sold
Last Sold Price
3,980 sqft

137 Calabasas Rd, Watsonville, CA 95076

Multi Family 5+Property Type
0.71 acresLot Size
1958Year Built
$477/sq ftPrice per sq ft
8 carsParking Spaces

Description

Discover an exceptional multi-family property in Watsonville! This newly listed investment opportunity highlights recently updated units with newer paint, newer windows and newer roofs, providing modern comfort while maintaining excellent return potential. The parcel features (3) different structures starting with a single-family 3 Bed | 1.5 Bath home with detached 2-car garage, the second structure is a 1 Bed | 1 bath duplex and finally, the rear building is a 2 Bed | 1 Bath duplex. Property investors...Discover an exceptional multi-family property in Watsonville! This newly listed investment opportunity highlights recently updated units with newer paint, newer windows and newer roofs, providing modern comfort while maintaining excellent return potential. The parcel features (3) different structures starting with a single-family 3 Bed | 1.5 Bath home with detached 2-car garage, the second structure is a 1 Bed | 1 bath duplex and finally, the rear building is a 2 Bed | 1 Bath duplex. Property investors will appreciate the solid infrastructure, low maintenance requirements, and established rental history in this desirable neighborhood. Whether you're expanding your investment portfolio or venturing into income properties for the first time, this multi-family dwelling represents a great return on investment!
  • Listed by: Chuck Fischer DRE #00755878 Brokerage DRE #00755878 • El Camino Realty 831-818-8148
  • Listed by: Garrett Fischer DRE #01946424 Brokerage DRE #00755878 • El Camino Realty
Listing closed: 10/15/2025 12:00 AM • Source: MLSListings, MLS#: ML82001174
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Location

Listing Courtesy of El Camino Realty, Chuck Fischer, DRE #00755878; El Camino Realty, Garrett Fischer, DRE #01946424

Sold By El Camino Realty, Chuck Fischer, DRE #00755878

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$11,671 per month

30 year fixed, 7.03% Interest

Principal and Interest

$10,143

Property Taxes

$1,528

HOA Dues

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Property Information for 137 Calabasas Road

Property Details

  • Taxes: $18,337 / year
  • MLS Type: 5+ Units / Five or More Units
  • MLS City Name: WATSONVILLE
  • Building Type: Other
  • Garage Spaces: 2
  • Parking Spaces: 6
  • Cross Street: Buena Vista Dr.

Building Information

  • Year Built: 1958
  • Lot Size: 0.71 AC / 30,840 SF

Features

Features
  • Fireplace: No
  • Living SqFt: 3980
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Central Forced Air, Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Uncovered Parking

Property Details

Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Larkin Valley
  • Restrictions: Other
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 137
  • Street Name: Calabasas
  • Street Suffix: Road
  • Area ID: 52

Lot / Property Details

Building Information
  • Number of Buildings: 3
  • Structure SqFt: 3980
  • Structure SqFt Source: Other
  • Age: 67
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R-1-6-AIA
Location Information
  • City Limits: No
  • Parcel Number: 049-321-09-000
  • 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 and Slab
  • Lot Acres: .71
  • 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: 5
General Information
  • Annual Tax Amount: $18,337
  • Capitalization Rate: 8.34
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $840
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $120
  • Expenses Utility: $3,000
  • Expenses Total: $25,297
  • Operating Expenses Include: Loan - Principle & Interest, Maintenance - Capital Improvements, Maintenance - Repair, Services - Sewer, Utilities - Water
  • Gross Rent Multiplier: 10.45
  • Income Annual Gross: $197,088
  • Income Annual Rental: $197,088
  • Income Gross Scheduled: $197,088
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,900
Unit 2 Information
  • Unit 2 Approx Square Footage: 700
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,300
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,850

Property History for 137 Calabasas Road

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Sold

EBRD #ML82001174

$1,900,000—
Oct 15, 2025

Sold

MLSListings #ML82001174

$1,900,000—
Oct 3, 2025

Pending

EBRD #ML82001174

—
DateEvent & SourcePrice
10/15/2025

Sold

EBRD #ML82001174

$1,900,000
10/15/2025

Sold

MLSListings #ML82001174

$1,900,000
10/03/2025

Pending

EBRD #ML82001174

—

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

Schools near 137 Calabasas Road

This home is within Pajaro Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Calabasas Elementary School
PublicK to 6

Aptos Junior High School
Public7 to 8

Aptos High School
Public9 to 12

Pacific Coast Charter School
CharterK 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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Listing Courtesy of El Camino Realty, Chuck Fischer, DRE #00755878; El Camino Realty, Garrett Fischer, DRE #01946424

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.