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    Watsonville, CA Apartment Buildings for Sale

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    Updated Multi-Unit Apartment Building
    Updated: Jul 18
    Updated Multi-Unit Apartment Building

    406 E 5th Street, Watsonville, CA 95076

    $1,495,000
    4,350 sqft
    8‑unit apartment building in Watsonville on one parcel
    Separate gas and electric meters for the units
    Units include newer electric panels and wall heaters, plus updated kitchens and bathrooms
    Dual pane windows and newer flooring in many units
    Level topography and composition roof
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    7-Unit Apartment Investment Property
    Updated: Mar 13
    7-Unit Apartment Investment Property

    23 Ford Street, Watsonville, CA 95076

    $2,100,000
    4,878 sqft
    7‑unit apartment building (five‑unit main building plus two rear units) in Watsonville, CA
    Main building updates within the past 5 years; three units received new flooring and bathroom updates within the past year
    Two newly constructed rear units, approx. 750 SF each, 2‑bedroom/2‑bath (final permits issued in 2024)
    Rear units are all‑electric with solar panels and heat pump systems
    On‑site parking, upgraded water and sewer systems, and mature landscaping with a large heritage tree and fruit trees
    View details
    Mixed-Use Income Property with New Roof
    Mixed-Use Income Property with New Roof

    80 Porter Drive A, Watsonville, CA 95076

    $3,100,000
    11,867 sqft

    Income-producing mixed-use building with residential units above long-term commercial tenants and a new 30-year roof.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Remodeled 5-Unit Apartment Complex
    Remodeled 5-Unit Apartment Complex

    236 Locust Street, Watsonville, CA 95076

    Contact for pricing
    2,300 sqft

    Five-unit complex features four one-bedroom units plus a studio, with 2017 remodels and recent asphalt improvements.

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    Remodeled Apartment Complex
    Remodeled Apartment Complex

    290 Pennsylvania Drive, Watsonville, CA 95076

    $2,950,000

    Fully remodeled complex offers 8 one-bedroom and 2 two-bedroom units with onsite laundry and covered parking.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Watsonville, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Apartment Building with Oceanfront Views
    Apartment Building with Oceanfront Views

    100 Oakland, Capitola, CA 95010

    $6,495,000
    3,100 sqft 0.14 AC lot

    Remodeled main residence and multiple updated units with oceanfront outdoor spaces, garage parking, and radiant heating.

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    Oceanfront Residential Income Compound
    Oceanfront Residential Income Compound

    100 Oakland AVE, Capitola, CA 95010

    $6,495,000
    3,100 sqft

    Remodeled main residence plus four updated units with oceanfront deck, patio, and courtyard amenities near Capitola Village and beach.

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    12-Unit Multifamily Property
    12-Unit Multifamily Property

    5601 Freedom BLVD, Aptos, CA 95003

    $5,999,999
    31.00 AC lot

    Zoned SU with 12 tenant-occupied rental units, existing houses, and an on-site creative/art studio building.

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    Fully Leased Nine-Unit Apartment Building
    Fully Leased Nine-Unit Apartment Building

    2643 Mar Vista Drive, Aptos, CA 95003

    $3,765,000

    Nine fully leased residences include eight two-bedroom units and one studio, generating strong in-place monthly rental income.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Entitled Income-Restricted Housing Project
    Entitled Income-Restricted Housing Project

    3812 W Adams Blvd, Los Angeles, CA 90018

    $3,900,000
    15,359 sqft 0.35 AC lot

    Entitled 106-unit income-restricted housing project with RTI permits.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Off-Market Properties in Watsonville, CA

    Consider similar Off-Market properties in Watsonville, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    34 Sudden St
    APARTMENT HOUSE (5+ UNITS)

    34 Sudden St, Watsonville, CA 95076-4345

    $450,000
    Estimated value
    1,475 sqft 0.38 AC lot
    View details
    137 Calabasas Rd, Unit D
    APARTMENT HOUSE (5+ UNITS)

    137 Calabasas Rd, Watsonville, CA 95076-1134

    Unit D
    Value Estimation by Request
    1,241 sqft 0.71 AC lot
    View details
    129 Atkinson Lnd
    APARTMENT HOUSE (5+ UNITS)

    129 Atkinson Lnd, Watsonville, CA 95076-2138

    $875,000
    Estimated value
    738 sqft 0.49 AC lot
    View details
    130 Bch Std
    APARTMENT HOUSE (5+ UNITS)

    130 Bch Std, Watsonville, CA 95076-4556

    $340,000
    Estimated value
    1,727 sqft 0.57 AC lot
    View details
    17 Dolores Ave, Unit 26
    APARTMENT HOUSE (5+ UNITS)

    17 Dolores Ave, Watsonville, CA 95076-2833

    Unit 26
    $360,000
    Estimated value
    5,756 sqft 0.30 AC lot
    View details
    107 5th St, Unit A
    APARTMENT HOUSE (5+ UNITS)

    107 5th St, Watsonville, CA 95076-4486

    Unit A
    $375,000
    Estimated value
    1,533 sqft 0.33 AC lot
    View details
    56 5th St, Unit C
    APARTMENT HOUSE (5+ UNITS)

    56 5th St, Watsonville, CA 95076-4216

    Unit C
    $325,000
    Estimated value
    1,129 sqft 0.68 AC lot
    View details
    25 Dolores Ave, Unit 13
    APARTMENT HOUSE (5+ UNITS)

    25 Dolores Ave, Watsonville, CA 95076-2830

    Unit 13
    $320,000
    Estimated value
    11,600 sqft 0.55 AC lot
    View details
    536 Lk Aveb
    APARTMENT HOUSE (5+ UNITS)

    536 Lk Aveb, Watsonville, CA 95076-4439

    $320,000
    Estimated value
    8,853 sqft 0.76 AC lot
    View details
    148 Elm St, Unit A
    APARTMENT HOUSE (5+ UNITS)

    148 Elm St, Watsonville, CA 95076-5095

    Unit A
    $1,700,000
    Estimated value
    1,205 sqft 0.28 AC lot
    View details
    2215 Lk Ave, Unit 4
    APARTMENT HOUSE (5+ UNITS)

    2215 Lk Ave, Watsonville, CA 95076-2343

    Unit 4
    $225,000
    Estimated value
    4,283 sqft 0.99 AC lot
    View details
    610 Tuttle Ave, Unit 24
    APARTMENT HOUSE (5+ UNITS)

    610 Tuttle Ave, Watsonville, CA 95076-3452

    Unit 24
    $1,295,000
    Estimated value
    5,176 sqft 2.16 AC lot
    View details
    152 Riverside Dr, Unit A
    APARTMENT HOUSE (5+ UNITS)

    152 Riverside Dr, Watsonville, CA 95076-5040

    Unit A
    $490,000
    Estimated value
    1,672 sqft 0.70 AC lot
    View details
    344 Pennsylvania Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    344 Pennsylvania Dr, Watsonville, CA 95076-3723

    Unit 1
    $2,100,000
    Estimated value
    6,048 sqft 0.30 AC lot
    View details
    75 Holw Vw Ln, Unit A
    APARTMENT HOUSE (5+ UNITS)

    75 Holw Vw Ln, Watsonville, CA 95076-4278

    Unit A
    $11,115,000
    Estimated value
    35,226 sqft 2.15 AC lot
    View details
    290 Pennsylvania Dr, Unit 8
    APARTMENT HOUSE (5+ UNITS)

    290 Pennsylvania Dr, Watsonville, CA 95076-3715

    Unit 8
    $2,990,000
    Estimated value
    5,060 sqft 0.38 AC lot
    View details
    61 Marchant St, Unit H
    APARTMENT HOUSE (5+ UNITS)

    61 Marchant St, Watsonville, CA 95076-5073

    Unit H
    $320,000
    Estimated value
    1,462 sqft 0.83 AC lot
    View details
    153 Riverside Dr, Unit A
    APARTMENT HOUSE (5+ UNITS)

    153 Riverside Dr, Watsonville, CA 95076-5080

    Unit A
    $785,000
    Estimated value
    5,660 sqft 0.75 AC lot
    View details
    430 2nd St, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    430 2nd St, Watsonville, CA 95076-5126

    Unit 101
    $750,000
    Estimated value
    3,315 sqft 0.14 AC lot
    View details

    Watsonville, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Watsonville, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 23,395 square feet of properties for sale, with an estimated market value of $9,645,000.

    Sale prices for two-family homes in Watsonville, CA start at $1,495,000, averaging $2,411,250, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 82K
    Population Growth (5Y) -5.0%
    Median Household Income $86,685
    College Educated 13.1%

    High-Yield Neighborhoods for Investment

    Identify Watsonville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    95076 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $21.31 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Cruz County

    New Delisted

    Total CRE Inventory on Market (SF)

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