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Listed by Raeid Farhat Real Estate Inc, Shawki Farhat, Listing Contact: 831-228-9559
4,350 sqft

$1,599,999

406 E 5th ST, Watsonville CA, 95076

Price per sqft$367.82
Built in1890
Property size4,350 sqft
Property typeResidential

Overview

Active

Listed Oct 5, 2026

Updated 42h ago

Unbeatable value in Watsonville! Rare 8-unit portfolio priced under $200k/door on a single parcel (6-unit building at 642 Lincoln + duplex at 406 E 5th). Well-maintained with updated electrical, dual-pane windows, wall heaters, and refreshed kitchens, baths, and flooring. Select units feature bonus rooms. Separately metered for gas/electric with on-site coin-op laundry. Long-term tenants and low rents deliver massive upside. Housing Authority payment standards yield a pro forma potential gross income of $288,864/year ($2,639/mo for 1BRs, $3,379/mo for 2BRs). Walking distance to schools (elementary through high school) and downtown.

$10,645/mo

Est. mortgage payment based on a $1,599,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82063605

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres
MLS provider logo

Listed by Raeid Farhat Real Estate Inc, Shawki Farhat DRE:02225210,
Listing Contact: 831-228-9559 

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Data last updated 4:57 AM UTC, 10/6/2026

 

 

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