128 Maple Avenue, Watsonville, CA 95076
Well-maintained multiunit with separate entrances, updated windows, fenced yard, and tenant parking carport.
- Added:
- Jun 4, 2025
- Days on Market:
- 388
- Last Refresh:
- Jun 24 at 5:15 am
Property Features for 128 Maple Avenue
General Information
- Standard status
- Active
- Size
- 2,602 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1899
Listing office SIX (408) 858-7710
Listing date Jun 4, 2025
Source Exitrealty
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 SIX
HighLights
- Multiunit property built in 1899 with well‑maintained exterior and classic architectural details including a front bay window
- Multiple units feature separate entrances, updated windows, and charming architectural characteristics
- Private driveway provides access to a spacious rear carport with designated tenant parking
- Fenced common yard with utility hookups for tenant convenience and functional outdoor space
Overview
Located at 128 Maple Avenue in Watsonville, California, the building is positioned for convenient daily living with proximity to schools, shopping, and transportation. The overall site layout supports resident movement from the private driveway to the rear parking area while keeping outdoor space contained within the fenced yard.
For investors and owner-occupants, the combination of separate unit entries and tenant parking arrangements can simplify occupancy and reduce shared-traffic friction. The fenced common yard and available utility hookups are also useful for tenant experience and operational practicality. With its established multiunit layout and maintenance-focused updates, this is a strong fit for buyers seeking a turnkey residential income property in a convenient, well-located setting.
Local Financial Insights For Apartment 5plus
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 | $124.9k | $48.00 |
| − Vacancy | −$3.1k | −$1.20 |
| EGI | $121.8k | $46.80 |
| − OpEx | −$54.8k | −$21.06 |
| NOI | $67.0k | $25.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Watsonville
- County
- Santa Cruz
- State
- California
- Longitude
- -121.7536016
- Latitude
- 36.9102599
