Property listed by Coldwell Banker Realty, Paul Zech 831-688-6461
80 Porter Drive #A
Watsonville, CA 95076
Square Ft.
11,867
$3,495,000
Owner/operator use, future residential development or great investment property. Large commercial property known as 70 Porter Dr & 80A Porter Dr. APN # 117-332-015, APN 117-332-014. There are currently 10 rental income units. Residential tenants are on 2nd floor above Stereo Electronics store. One studio unit and 2 individual room… Read More rentals. Other long term tenants are a restaurant, auto repair, auto bodyshop, market, hair salon, battery sales, The square footage stated are either from the tax assessor records or property manager and are not guaranteed to be exact. All the commercial tenants have been long term and are on month to month agreements. New 30 year roof completed in June 2022 with 10 year warranty. All new electrical in 2015, new plumbing in residential units in 2020. There are 3 water meters (1 not being used)and seven electrical meters on the property. The pro forma shows good upside in rent potential, based on current market rental rates. This is definitely worth a look. Seller will consider some seller financing. Read Less
Listing Snapshot
Days Online
217
Last Updated
Square Ft.
11,867
Lot Size
0.56 Acres
Year Built
1945
MLS Number
ML82025341
Additional Details
Building
Built in 1945, 4 buildings
Cooling
None
Expenses
Maintenance: $2,539, Trash: $1,163, Other Expense: $10,540
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $228,033
Lot
0.561 acres
Parking
17 total parking spaces
Taxes
Parcel Number: 117332015000, Annual Amount: $2,131, Zoning: C
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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