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Duplex with In-Unit Laundry

103105 Holm Road Watsonville, CA 95076

New
103105 Holm Road, Watsonville, CA, 95076
$739,000
For Sale
$739,000

Two-unit duplex with separate gas and electric meters, in-unit laundry, private outdoor space, and carport parking.

Property Size1,859 SF
Price / SF$397.53
Days on Market3

Property Features for 103105 Holm Road

General Information

Standard status
Active
Size
1,859 SF
Property subtype
Multi Family

Building Details

Year Built
1973
Listing Agency Karon Properties
Listed by Debra Wallace · License #01355665
Source Exitrealty
Added: Jul 18 Updated: Jul 20 at 2:23 am Checked: Jul 20 at 2:23 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karon Properties


Investment Insights

Based on property information with market context.

This duplex features two separate units, each offering two bedrooms. The front unit includes one bathroom, while the rear unit includes 1.5 bathrooms. Both units include in-unit laundry and private outdoor space, supported by a functional layout designed for everyday living.

Parking is provided via carport parking plus additional off-street parking. The property also includes separate gas and electric meters, which can simplify utility management between units.

Offered for sale in its current condition, this income-producing duplex is configured as a straightforward two-unit residential asset with established rental structure and separate utilities.

Key Highlights

  • Duplex built in 1973 with two separate units and separate gas and electric meters.
  • Each unit has 2 bedrooms; front unit has 1 bath and rear unit has 1.5 baths.
  • In‑unit laundry included for both units.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $75.8k $40.80
− Vacancy −$1.8k −$0.97
EGI $74.0k $39.83
− OpEx −$22.2k −$11.95
NOI $51.8k $27.88
1,859 SF · lease $40.80/SF/yr · vacancy 2.38% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$740.4K
$647.9K – $863.8K (±1% cap)
NOI $51,829 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$683.6K
$598.1K – $797.5K (±1% cap)
NOI $47,851 @ 7.0% cap · market cap 6.48%
Theoretical Best
Retail
$1.06M
$930.1K – $1.24M (±1% cap)
NOI $74,408 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage Barber Shop Accounting Firm Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with separate gas and electric meters, in-unit laundry, private outdoor space, and carport parking.
Where is this duplex located?
The property is located at 103105 Holm Road Watsonville, CA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Duplex built in 1973 with two separate units and separate gas and electric meters.; Each unit has 2 bedrooms; front unit has 1 bath and rear unit has 1.5 baths.; In‑unit laundry included for both units.
Contact an agent
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