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108 JEFFERSON STREET
WATSONVILLE, CA 95076

$699,000 
  • -- Beds
  • 0/0 Baths
  • 2,160 sqft
  • Residential Income | Duplex
  • Active
108 JEFFERSON STREET, WATSONVILLE - 499055403
108 JEFFERSON STREET, WATSONVILLE - 499055404
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Property Description for 108 JEFFERSON STREET, WATSONVILLE CA 95076

Attention Investors! Create wealth by purchasing this romantic Victorian home w/ legal rental unit. 3/2 was built in 1905, hitting all the architectural notes one would expect: built ins, ornate trims, pocket doors, wood floors and fleurs de lis emblems. Fumigated in 2009, updated kitchen, bath, dual pane windows and roof in 2011. Reinforced foundation per home inspector. The second unit, a 1 bedroom, 1 bathroom has open beam ceilings, parquet flooring, a 2nd set of laundry hook ups and sub meters in the garage. A sunny flat lot of 8,320 SQFT is enriched w/ Avocado, Loquat, Orange, Peach, Fig & Lemon trees. Alley access off rear of property, great for over-sized vehicles. Zoning is RM-3 = possibility of building a 3rd unit! Estimated possible income/return based on projected rents & expenses: 3BD@$2850/mo, 1Bd@$1850. EST, $56K/yr -$14K -projected expenses, projected net income $42K+-, 5.8% cap rate +-(Buyer to verify, not guaranteed).

  • Property Class: Residential Income
  • Listing Status: Active
  • City: WATSONVILLE
  • State: CA
  • Zip: 95076
  • Area: 56 - Watsonville
  • County: Santa Cruz
  • Class: Residential Income
  • Property Subtype: Duplex
  • Approx Lot Size: 0.191
  • Stories: 1
  • Baths (F/H): 0/0
  • Baths Partial: 0
  • Living Area (SqFt): 2,160 sqft
  • Lot Sq Ft Apx: 8320.00
  • Garage: 2
  • Year Built: 1905
  • Listing#: 81711814
  • Parcel Number: 018-172-13-000
  • List Date: 6/25/2018
  • Last updated on: 9/24/2018

Property Features for 108 JEFFERSON STREET, WATSONVILLE CA 95076

  • Cooling: None
  • Disability Features: None
  • Energy Information: Double Pane Windows
  • Exterior Features: Back Yard, Fenced
  • Heating: Forced Air
  • Security Features: Security Alarm ,Security Fence
  • Utilities Sewer: Sewer - Public
  • Utilities Water: Public
  • Year Built: 1905
  • Zoning: RM3
  • Foundation: Concrete Perimeter And Slab
  • Rooms Kitchen Description: 220 Volt Outlet
  • View Description: None
  • Roof: Composition
  • Lot Desc: Grade - Mostly Level

Additional Information for 108 JEFFERSON STREET, WATSONVILLE CA 95076

  • Expenses: 13829.00
  • Floors: Carpet, Hardwood, Tile
  • Garage Style: Off-Street Parking
  • Gross Building Area: 2160.00
  • Gross Income: 55836.00
  • Property Tax: $8,089
  • Rent Income: 56400.00
  • REO Y/N: N/A
  • REO/ Bank Owned: No
  • Roof: Composition
  • School Elementary District: 800
  • School High District: 800
  • Short Sale Y/N: N/A
  • Unit 1 Beds: 3
  • Unit 2 Beds: 1
Courtesy of Sara Christiansen, David Lyng Real Estate
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