151 Brennan Street

Watsonville, CA 95076

$1,600,000
Last Sold Price
Beds
4,848 Sq. Ft.
$330 / Sq. Ft.
4,848
Sq. Ft.
$330
per Sq. Ft.

Description

The vacant lot at 203 Brennan provides a tremendous opportunity to build (2) 3-bedroom ADUs. All units have been recently renovated and leased at market rates. Contact listing agent for marketing package. Since the onset of the COVID-19 Pandemic, Santa Cruz County has been injected with mass migration from the Silicon Valleys remote workforce. In turn, countywide rents have skyrocketed 18.4%. As renters keep getting priced out of more expensive sub-markets in and around the City of Santa Cruz, demand...The vacant lot at 203 Brennan provides a tremendous opportunity to build (2) 3-bedroom ADUs. All units have been recently renovated and leased at market rates. Contact listing agent for marketing package. Since the onset of the COVID-19 Pandemic, Santa Cruz County has been injected with mass migration from the Silicon Valleys remote workforce. In turn, countywide rents have skyrocketed 18.4%. As renters keep getting priced out of more expensive sub-markets in and around the City of Santa Cruz, demand continues pushing south to more affordable areas like Watsonville. This rental demand surge has pushed vacancy rates to 0.5%. Just one from Downtown Watsonvilles Main Street, and alongside the proposed Santa Cruz Rail/Rail Trail corridor, this property is poised to capture every bit of the markets forecasted appreciation.
  1. Listed by Nick Oliver • DRE #02133612 • Redwood Property Company • 831-275-5320
  2. Listed by Joe Budka • DRE #01913402 • Redwood Property Company

Property Details for 151 Brennan Street

MLS City Name
WATSONVILLE
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
6

Location

Listing Courtesy of Redwood Property Company, Nick Oliver, DRE #02133612; Redwood Property Company, Joe Budka, DRE #01913402

Sold By Intero R E Services, Rigo Bracamontes, DRE #01780993

Add your commute
LISTING UPDATED: 06/20/2023 02:43 PM

Property Details for 151 Brennan Street

StatusSold
MLS #ML81925388
Days on Compass41
Taxes$19,322 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1969
Lot Size0.32 AC / 14,032 SF
CountySanta Cruz County

Location

Listing Courtesy of Redwood Property Company, Nick Oliver, DRE #02133612; Redwood Property Company, Joe Budka, DRE #01913402

Sold By Intero R E Services, Rigo Bracamontes, DRE #01780993

Add your commute

Building Information for 151 Brennan Street

Stories2Residences3Year Built1969Building Size-Lot Size0.32 AC / 14,032 SF

Payment Calculator

$10,342 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,610

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 151 Brennan Street

Features
Features
  • Amenities: Walk-in Closet
  • Fireplace: No
  • Flooring: Vinyl / Linoleum
  • Living SqFt: 4848
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Fireplace , Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Carport , Common Parking Area
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: 151
  • Street Name: Brennan
  • Street Suffix: Street
  • Area ID: 56
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4848
  • Structure SqFt Source: Other
  • Age: 54
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: RM-3
Location Information
  • Parcel Number: 018-151-11-000
  • 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: Post and Pier
  • Horse Property: No
  • Lot Acres: .32
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Yard Grounds: Back Yard, Balcony / Patio
Multi Family Information
General Information
  • Annual Tax Amount: $19,322
  • Building Unit Total: 3
  • Capitalization Rate: 5.03
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Other
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,125
  • Expense Landscape: $1,200
  • Expense Maintenance: $1,500
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $4,861
  • Expenses Total: $28,008
  • Operating Expenses Include: Contract Services, Fee - Property Tax, Insurance, Maintenance, Utilities
  • Gross Rent Multiplier: 14.85
  • Income Annual Gross: $110,760
  • Income Annual Rental: $108,420
  • Income Gross Scheduled: $110,760
  • Income Other: $2,340
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,095
Unit 2 Information
  • Unit 2 Approx Square Footage: 1250
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,995
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,945
Unit Type 1
  • Unit Type1 Approx SqFt: 1250

Property History for 151 Brennan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 151 Brennan Street

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
Mintie White 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redwood Property Company, Nick Oliver, DRE #02133612; Redwood Property Company, Joe Budka, DRE #01913402

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.