290 Pennsylvania Drive

Watsonville, CA 95076

$3,500,000
Price
Beds
5,060 Sq. Ft.
$692 / Sq. Ft.
5,060
Sq. Ft.
$692
per Sq. Ft.

Description

Welcome to Pennsylvania Drive, where modern living meets convenience in the heart of Watsonville. This fully remodeled apartment complex boasts 8 one-bedroom apartments and 2 two-bedroom apartments. The exterior and interior of this complex have undergone a complete renovation, ensuring contemporary aesthetic and comfortable living spaces. Each unit features an open layout, new luxury vinyl flooring, and fresh paint, creating a bright and inviting atmosphere. Tenants benefit from the convenience...Welcome to Pennsylvania Drive, where modern living meets convenience in the heart of Watsonville. This fully remodeled apartment complex boasts 8 one-bedroom apartments and 2 two-bedroom apartments. The exterior and interior of this complex have undergone a complete renovation, ensuring contemporary aesthetic and comfortable living spaces. Each unit features an open layout, new luxury vinyl flooring, and fresh paint, creating a bright and inviting atmosphere. Tenants benefit from the convenience of laundry facilities onsite and covered parking, providing ample space for vehicles. Experience the best of Watsonville living at Pennsylvania Drive, where convenience, comfort, and modern amenities come together seamlessly. Don't miss your opportunity to call this vibrant community home!
  1. Listed by The C Group • DRE #70010221 • Brokerage DRE #02022092 • Real Brokerage Technologies • 831-601-8936

Property Details for 290 Pennsylvania Drive

MLS City Name
WATSONVILLE
Building Type
Other
Garage Spaces
0
Parking Spaces
3

Location

Listing Courtesy of Real Brokerage Technologies, The C Group, DRE #70010221
Add your commute
LISTING UPDATED: 03/25/2024 12:30 PM

Property Details for 290 Pennsylvania Drive

StatusActive
MLS #ML81958860
Days on Compass38
Taxes$69,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1978
Lot Size0.38 AC / 16,553 SF
CountySanta Cruz County

Location

Listing Courtesy of Real Brokerage Technologies, The C Group, DRE #70010221
Add your commute

Building Information for 290 Pennsylvania Drive

Stories-Residences-Year Built1978Building Size-Lot Size0.38 AC / 16,553 SF

Payment Calculator

$24,876 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$5,775

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 290 Pennsylvania Drive

Features
External Links
Features
  • Fireplace: No
  • Living SqFt: 5060
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Other
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 10
Garage
  • Garage and Parking: Carport, Other
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 10
  • Area Text: Watsonville
  • Restrictions: None
  • Roof: Composition, Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 290
  • Street Name: Pennsylvania
  • Street Suffix: Drive
  • Area ID: 56
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5060
  • Structure SqFt Source: Assessor
  • Age: 46
Development Information
  • Ownership Type: Corporation
  • Zoning Detail: X
Location Information
  • Parcel Number: 016-172-38-000
  • 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, Raised
  • Lot Acres: .38
  • 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
  • Annual Tax Amount: $69,300
  • Capitalization Rate: 4.56
  • Tenant Expenses: Other
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $6,000
  • Expense Landscape: $3,600
  • Expense Maintenance: $8,955
  • Expense Management: $17,910
  • Expense Trash: $0
  • Expenses Other: $8,955
  • Expenses Utility: $15,382
  • Expenses Total: $130,102
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Capital Improvements, Utilities, Other
  • Gross Rent Multiplier: 11.73
  • Income Annual Gross: $289,552
  • Income Annual Rental: $298,507
  • Income Gross Scheduled: $298,507
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,030
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,264

Property History for 290 Pennsylvania Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 290 Pennsylvania 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 - 9 to 12
Rating
School
Distance
Starlight Elementary School
PublicK to 5

Cesar E. Chavez Middle School
Public6 to 8

Pajaro Valley High School
Public9 to 12

Academic/Vocational Charter Institute
Charter9 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

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290 Pennsylvania Drive is a multi-family home for sale in Watsonville, CA 95076. This property was listed for sale on March 25, 2024 by Real Brokerage Technologies, it's currently listed at $3,500,000. This listing's school district is Pajaro Valley Unified School District. Nearby schools include Starlight Elementary School, Cesar E. Chavez Middle School and Pajaro Valley High School. 290 Pennsylvania Drive is a 0-bed, 0-bath, 5,060 sqft multi-family home built in 1978.

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 Real Brokerage Technologies, The C Group, DRE #70010221

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.