140 E Riverside Dr

Beds
Baths
2,246 Sq. Ft.
$412 / Sq. Ft.
2,246
Sq. Ft.
$412
per Sq. Ft.

Description

Centrally located 3 unit property on 1 parcel ready for a new homeowner. No common walls. Original home was built in 1914 - 3 bedrooms and 1 bath - new roof on this structure - basement space ( currently used for storage). There are 2 stand alone homes towards the back of the property, a 1 bedroom / 1 bath and a 2 bedroom / 1 bath. Sewer lateral repair has been completed. Buyers to verify square footage, age of units and overall condition. Long time rental properties managed by a local property management...Centrally located 3 unit property on 1 parcel ready for a new homeowner. No common walls. Original home was built in 1914 - 3 bedrooms and 1 bath - new roof on this structure - basement space ( currently used for storage). There are 2 stand alone homes towards the back of the property, a 1 bedroom / 1 bath and a 2 bedroom / 1 bath. Sewer lateral repair has been completed. Buyers to verify square footage, age of units and overall condition. Long time rental properties managed by a local property management company. Great potential for investment or live in 1 home and enjoy 2 income properties.
  1. Listed by Kathleen Hall • DRE #01098602 • Brokerage DRE #00793982 • David Lyng Real Estate • 831-588-5993

Property Details for 140 East Riverside Drive

MLS City Name
WATSONVILLE
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
4
LISTING UPDATED: 04/06/2026 02:11 PM

Property Details for 140 East Riverside Drive

StatusContingent
MLS #ML82035607
Days on Compass54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1914
Lot Size0.18 AC / 7,623 SF
CountySanta Cruz County

Location

Listing Courtesy of David Lyng Real Estate, Kathleen Hall, DRE #01098602
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Building Information for 140 East Riverside Drive

Stories1Residences3Year Built1914Building Size-Lot Size0.18 AC / 7,623 SF

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$4,798 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,658

Property Taxes

$140

HOA Dues

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Property Information for 140 East Riverside Drive

Features
Features
  • Fireplace: No
  • Living SqFt: 2246
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Other
  • Meters: Separate Electric
  • Sewer Septic: Sewer Connected
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Common Parking Area, No Garage, On Street, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Watsonville
  • Roof: Composition
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 140
  • Street Name: Riverside
  • Street Direction Prefix: East
  • Street Suffix: Drive
  • Area ID: 56
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 3
  • Structure SqFt: 2246
  • Structure SqFt Source: Assessor
  • Age: 112
Development Information
  • Zoning Detail: 2 SFR
Location Information
  • City Limits: Yes
  • Parcel Number: 017-262-06-000
  • 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, Crawl Space
  • Horse Property: No
  • 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: 3
General Information
  • Building Unit Total: 3
  • Capitalization Rate: 7.82
  • Tenant Expenses: Utilities - Electric
  • Income Includes: None
  • Vacancy Factor: 0
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: $0
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Miscellaneous/Other, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 12.79
  • Income Annual Gross: $72,300
  • Income Annual Rental: $72,300
  • Income Gross Scheduled: $72,300
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,300
Unit 2 Information
  • Unit 2 Approx Square Footage: 537
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,800
Unit 3 Information
  • Unit 3 Approx Square Footage: 650
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,925
Unit Type 1
  • Unit Type1 Approx SqFt: 1046

Property History for 140 East Riverside Drive

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Pending

EBRD #ML82035607

Apr 6, 2026

Contingent - Show

MLSListings #ML82035607

Mar 27, 2026

Price Change

EBRD #ML82035607

$925,000
Mar 27, 2026

Price Change

MLSListings #ML82035607

$925,000
Feb 20, 2026

Listed (Active)

EBRD #ML82035607

$1,029,000
Feb 19, 2026

Listed (Active)

MLSListings #ML82035607

$1,029,000
DateEvent & SourcePrice
04/06/2026

Pending

EBRD #ML82035607

04/06/2026

Contingent - Show

MLSListings #ML82035607

03/27/2026

Price Change

EBRD #ML82035607

$925,000
03/27/2026

Price Change

MLSListings #ML82035607

$925,000
02/20/2026

Listed (Active)

EBRD #ML82035607

$1,029,000
02/19/2026

Listed (Active)

MLSListings #ML82035607

$1,029,000

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

Public Records for 140 East Riverside Drive

Taxable ValueLand$13,950Additions$51,084Total$65,034
Tax Record2025$1,683 ($140 / month)
Home Facts
Beds2Baths1Total Finished SqFt2,246 SqFtAbove Grade Finished SqFt2,246 SqFtLot Size7,623 SqFtStyleSingle Family ResidenceYear Built1914Year Renovated1950CountySANTA CRUZAPN017-262-06

Schools near 140 East Riverside Drive

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
Charter - 6 to 12
Rating
School
Distance
Landmark Elementary School
PublicK to 5

E. A. Hall Middle School
Public6 to 8

Watsonville High School
Public9 to 12

Ceiba College Preparatory Academy
Charter6 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 David Lyng Real Estate, Kathleen Hall, DRE #01098602

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.