20 Marin Street, Watsonville, California 95076, Watsonville, - bed, bath
ACTIVE$979,000
20 Marin Street, Watsonville, California 95076
0Bed
0Bath
1,306Sqft
7,884Lot
Year Built
1963
Close
-
List price
$979K
Original List price
$979K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82019284
Home ConditionFair
Features
View-
About this home
Great investment opportunity! Solid Duplex in the Heart of Watsonville! Single level property with ample parking on a spacious lot. Each unit features 2 bedrooms, 1 bathroom, laundry hook-ups, carport and private yards. Fully occupied with an annual lease through July, 2026. The units are divided by a carport, making the living spaces private as the there are no shared common walls. Convenient location near Freedom Blvd and Main St. The exterior was recently improved, painted and it is in great condition. The interior is standard for having long-term tenants.
Price History
Date
Event
Price
08/26/25
Listing
$979,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (3 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,306 | 1,597 | 50% |
| Lot Size | 7,884 | 7,471 | 50% |
| Price | $979K | $1.04M | 50% |
| Price per square foot | $750 | $550 | 75% |
| Built year | 1963 | 9815993 | 50% |
| HOA | |||
| Days on market | 71 | 149 | 25% |
Condition Rating
Fair
Built in 1963, the property's exterior has been recently painted and is in good condition. However, the interior, particularly the kitchens and bathrooms, are significantly dated with older cabinets, laminate countertops, basic fixtures, and older appliances. The flooring consists of a mix of older vinyl/linoleum and worn carpets. While functional, the interior requires substantial cosmetic and functional updates to meet current standards and appeal to modern tastes. It is aged but appears to be maintained to a basic functional level, without immediate signs of major structural or safety defects, placing it in the 'Fair' category rather than 'Poor' due to its underlying 'solid' structure and exterior upkeep.
Pros & Cons
Pros
Guaranteed Income Stream: The property is fully occupied with an annual lease through July 2026, providing immediate and stable rental income for the new owner.
Optimal Duplex Design: The single-level units are divided by a carport, ensuring privacy for tenants with no shared common walls, a desirable feature for multi-unit properties.
Prime Location: Situated in the 'Heart of Watsonville' with convenient access to major thoroughfares like Freedom Blvd and Main St, enhancing tenant appeal and potential appreciation.
Well-Maintained Exterior: The exterior was recently improved, painted, and is in great condition, contributing to curb appeal and reducing immediate maintenance costs.
Tenant Amenities & Parking: Each unit offers private yards, laundry hook-ups, and a carport, complemented by ample overall parking on a spacious lot, adding significant value for tenants.
Cons
Dated Interior Condition: The interior is described as 'standard for having long-term tenants,' suggesting it may be dated and require significant renovation or upgrades to maximize rental potential or appeal.
Aging Infrastructure: Built in 1963, the property likely has original or older systems (plumbing, electrical, roofing) that could necessitate substantial capital expenditures for replacement or modernization in the near future.
Limited Specific Area Information: The MLS area is 'Not Defined' and the high school district is listed as 'Other,' which might present a challenge for buyers seeking detailed local market data or specific school district desirability.