CA
Santa Cruz
WATSONVILLE
95076
344/348 Pennsylvania Drive
344/348 Pennsylvania Drive, WATSONVILLE, CA 95076
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Listing Type
Multi Family
Listing Status
Active
49
$4,300,000

Home Details for 344/348 Pennsylvania Drive

Price
$4,300,000
Type
Residential Income
Square feet
6048
Year built
1965
County
Santa Cruz
MLS Listing#
ML82051650
Listed By: Bailey Properties - 831-426-4100
Listed By: Jo Ellen Smith
Property Description

This property is an exceptional 8-unit investment opportunity in Watsonville. This well-maintained property features seven spacious 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit, offering strong tenant appeal and a proven rental history. Completely renovated in 2025, this property was rebuilt from the studs out with extensive upgrades including new drywall, plumbing, electrical systems, new roofs, modern kitchens with gas cook tops, quartz counter tops, and new cabinetry. Beautifully updated bathrooms with tub and over head shower. Bedrooms are ample sized with large closet area. Built -in storage cabinets in hallway. Luxury plank flooring (LPF) throughout all units. Ground floors have individuals private back yards of various sizes. Upper units have balconies. Conveniently located distance to Target, Home Depot, shopping, dining, and everyday amenities. The property also benefits from an elementary school right on the corner and easy access to downtown Watsonville and HWY 17 For investors seeking a turnkey asset with significant capital improvements already completed, this is a rare opportunity to acquire a fully renovated, income-producing property in a highly desirable location. All units are at current market rates with all utilities paid by tenants.

Property Features
  • Parking
    • No Garage
    • Tandem
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • Water Features
    • Public
School Information
School Information for 344/348 Pennsylvania Drive, WATSONVILLE, CA 95076
Elementary School
Starlight Elementary
Middle School
Cesar E. Chavez Middle
High School
Watsonville High
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-06-19 20:30:28
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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