Home | Santa Cruz County | Watsonville | 95076 | 344/348 Pennsylvania Dr
344/348 Pennsylvania Dr, Watsonville, CA 95076
MLS: ML82051650 | Status: | Price: $4,300,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
6,048 |
13,112 |
1965 |
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.
| Field |
Value |
| MLS # |
ML82051650 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
1 |
Features
Interior Features
| Feature |
Details |
| Kitchen |
Countertop - Stone |
| Appliances |
Cooktop - Gas, Oven - Electric, Oven - Self Cleaning |
| Flooring |
Laminate |
| Laundry |
None |
| Cooling |
None |
| Heating |
Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Composition |
| Foundation |
Concrete Perimeter |
| Style |
Contemporary |
| Feature |
Details |
| Garage/Parking |
No Garage, Parking Area, Tandem Parking, Garage: 0 Car(s) |
| Elementary District |
Pajaro Valley Unified |
| High School District |
Pajaro Valley Unified |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
RM3 |
| Listing Agent |
Co-Listing Agent |
| Jo Ellen Smith |
Tim Bowers |
| Bailey Properties |
|
| License #: 01341240 |
License #: 01796536 |
| Phone: (831) 247-9600 |
Phone: (408) 835-1376 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
8 |
8 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
1,148 |
3 |
2/0 |
$3,950 |
– |
1 |
| 2 |
700 |
2 |
1/0 |
$3,250 |
$3,350 |
7 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of June 19, 2026. For the most current information, please contact Jo Ellen Smith, (831) 247-9600.