Last Sold Price
3,980 sqft$477/sqft
137 Calabasas Rd, Watsonville, CA 95076

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!
LISTING CLOSED: 10/15/2025 12:00 AM

  1. Listed by Chuck Fischer • DRE #00755878 • Brokerage DRE #00755878 • El Camino Realty • 831-818-8148
  2. Listed by Garrett Fischer • DRE #01946424 • Brokerage DRE #00755878 • El Camino Realty

Property Details for 137 Calabasas Road

Status
MLS #
ML82001174
Days on Compass
182
Taxes
$18,337 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family 5+
MLS Type
5+ Units / Five or More Units
Year Built
1958
Lot Size
0.71 AC / 30,840 SF
MLS City Name
WATSONVILLE
Building Type
Other
Garage Spaces
2
Parking Spaces
6
Cross Street
Buena Vista Dr.

Recent comparable sales

Median sold price

$1,495,000

Avg days on market

13

Sale-to-list ratio

93.1%

[Watsonville, CA]

9 comparable properties found

a sign on the side of a street
1/23
1

$1,600,000

Sold 05/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,264
Square Feet
0.42
Acres
an aerial view of a city
1/5
2

$1,475,000

Sold 05/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.39
Acres
$1,025,000 | 210 East High Street, Watsonville, CA 95076
1/2
3

$1,025,000

Sold 06/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,919
Square Feet
0.15
Acres
4

$2,000,000

Sold 07/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,410
Square Feet
Unavailable
Acres
5

$2,000,000

Sold 01/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,000
Square Feet
Unavailable
Acres
an aerial view of a tennis ground and a large pool
1/2
6

$1,495,000

Sold 04/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.03
Acres
$1,100,000 | 217-219 Calabasas Road, Watsonville, CA 95076
1/23
7

$1,100,000

Sold 06/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,304
Square Feet
0.16
Acres
$1,085,000 | 236 Locust Street, Watsonville, CA 95076
1/10
8

$1,085,000

Sold 07/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
2,300
Square Feet
0.20
Acres
a view of a lake with a mountain in the background
1/2
9

$1,594,125

Sold 01/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,510
Square Feet
6.37
Acres

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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Building Information for 137 Calabasas Road

Stories-Residences-Year Built1958Building Size-Lot Size0.71 AC / 30,840 SF

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OriginPoint Mortgage or Rocket Mortgage1

$11,186 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,657

Property Taxes

$1,528

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 137 Calabasas Road

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 137 Calabasas Road, Watsonville, CA 95076
$1,900,000
3,980
30,840
$1,900,000
1
1,241
30,840
$311,000
4
1
1,414
21,780
$189,000
2
2
1,140
15,725
3
2
1,367
9,627
$380,000
4
2
1,486
17,685

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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.