Watsonville, CA 95076,151 Brennan ST
Watsonville, CA 95076,151 Brennan ST
Watsonville, CA 95076,151 Brennan ST
Listed by Nick Oliver • Redwood Property Company
Bought with Rigo Bracamontes • Intero R E Services
$1,600,000
Est. payment /mo
$1,645,000
2.7%
Est.Price: ?

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6 Beds
6 Baths
4,848 SqFt
SOLD DATE : 06/15/2023

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,848 sqft

Price per Sqft $330

MLS Listing ID ML81925388

Bedrooms 6

Full Baths 5

Half Baths 2

Year Built 1969

Lot Size 0.322 Acres

Property Sub-Type Triplex

Property Description

The vacant lot at 203 Brennan provides a tremendous opportunity to build (2) 3-bedroom ADUs. All units have been recently renovated and leased at market rates. Contact listing agent for marketing package. Since the onset of the COVID-19 Pandemic, Santa Cruz County has been injected with mass migration from the Silicon Valleys remote workforce. In turn, countywide rents have skyrocketed 18.4%. As renters keep getting priced out of more expensive sub-markets in and around the City of Santa Cruz, demand continues pushing south to more affordable areas like Watsonville. This rental demand surge has pushed vacancy rates to 0.5%. Just one from Downtown Watsonvilles Main Street, and alongside the proposed Santa Cruz Rail/Rail Trail corridor, this property is poised to capture every bit of the markets forecasted appreciation.

Location

State CA

County Santa Cruz

Area Watsonville

Zoning RM-3

Interior

Heating Fireplace , Wall Furnace

Cooling None

Flooring Vinyl / Linoleum

Exterior

Exterior Feature Back Yard, Balcony / Patio

Parking Features Carport , Common Parking Area

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Story 2

Foundation Post and Pier

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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