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$1,049,000
3 Beds ML82055091 MLS
Set in the quiet community of La Selva Beach, this property offers flexibility, lots of natural light, and is only about a half mile to Manresa State Beach. The home is currently configured as two units, with an upstairs recently remodeled 2-bedroom, 1-bath, featuring hardwood floors, dual pane windows, inset LED lighting, and a fully updated kitchen and bath. Brand new roof and Downstairs is a studio unit with a separate entrance, its own kitchen and bathroom, ideal for extended living, rental income, or guest space. An interior staircase connects both levels, allowing for an easy transition back to a single-family layout if desired. Outdoor spaces are a standout, with multiple sunny decks, patios, and a terraced backyard that includes a chicken coop, a large storage shed and plenty of space to garden or entertain. The lot also offers ample open parking. Currently the upstairs unit is vacant and the downstairs is tenant-occupied with reliable occupants in place, this is a property that works equally well as an investment, a flexible living setup, or a coastal second home. Come and see this La Selva gem!

1585 San Andreas RD, Watsonville

Listing courtesy of Justin McNabb, 831-334-4727 from KW Thrive Santa Cruz
(If provided) CoList: from

$1,295,000
6 Beds ML82051071 MLS
Exceptional mixed-use investment opportunity featuring four detached units situated on a large, level parcel with abundant on-site parking. Conveniently located near the beautiful Corralitos area, this unique property offers a desirable combination of country charm, accessibility, and income potential. The property consists of a commercial building, two residential homes, and a separate cottage, creating multiple income streams and flexibility for investors or owner-users. The commercial building features a welcoming lobby/entry area, two private rooms, a bathroom, and a bonus room ideal for office or storage use. Residential improvements include a comfortable 2-bedroom, 1-bath home with private front, side, and backyard areas, a charming 1-bedroom, 1-bath residence with a spacious private yard and covered patio, and a detached cottage featuring a kitchen, living and dining area, separate bedroom, bathroom, and private backyard space. Each unit enjoys designated parking and its own outdoor area, providing privacy and convenience rarely found in multi-unit properties. The expansive lot offers ample parking, excellent circulation, and additional open space, making this a rare opportunity to own a versatile income-producing property with both commercial and residential components.

2732 Freedom BLVD, Watsonville

Listing courtesy of Tony Melo, 831-566-9716 from Aldina Real Estate,Inc.
(If provided) CoList: from

$1,997,500
6 Beds ML82047554 MLS Hillcrest Community Association BLDG.
Investment Opportunity-2 Side-by-Side Brand-New Units. This package includes 2 separate 2,048 sf, brand-new 3-bed, 3.5-bat units, live in one and rent out the other, or lease both for a high-yield dual-income stream. These units are priced significantly below the Watsonville market median of $738/sq. ft. for single-family homes and even beat the local townhome average of $614/sq. Ft. With a local vacancy rate near 2.4%, these modern homes are engineered for maximum rental appeal and low turnover. As brand-new construction, enjoy full builder warranties and none of the costly repairs associated with older resale units. Every bedroom features its own private en-suite bathrooma "gold mine" for high-end rentals or multi-generational living. A seamless flow between the chef-inspired kitchen, dining, and living areas makes it the perfect space for entertaining. Thoughtfully designed to accommodate a home office, gym, or guest retreat. Each unit includes an attached 465 sq. ft. garage and a 124 sq. ft. private outdoor space to relax and unwind. Community perks-Sports court, fitness par course, integrated walking and biking trails, bocce ball court, community garden, bird-watch overlook deck, playground, BBQ areas, scenic picnic spots. Every unit features a 220v circuit for EV charging.

141 Skyline Vista WAY, Watsonville

Listing courtesy of Paul Burrowes, 831-295-5130 from David Lyng Real Estate
(If provided) CoList: Megan Lyng from David Lyng Real Estate

$1,199,000
6 Beds ML82009619 MLS
This versatile multiunit property offers a rare combination of income potential and prime location. The well-maintained building features multiple units, each with separate entrances, updated windows, and charming architectural details, including a classic front bay window. A private driveway leads to a spacious rear carport with designated parking for tenants, adding convenience and value. The property includes ample outdoor space with a fenced common yard and utility hookups, ideal for tenant enjoyment and functionality. With strong rental demand in the area and close proximity to schools, shopping, and transportation, this is a must-see opportunity for any investor or owner-occupant looking to generate passive income. Dont miss out on this centrally located, income-producing asset!

128 Maple AVE, Watsonville

Listing courtesy of Tung Nguyen, 408-858-7710 from SIX
(If provided) CoList: Douglas Hemiz from SIX

$11,900,000
ML82008493 MLS
Rare 8.58-acre property at the end of a cul-de-sac in one of Watsonville's most desirable areas. Currently improved with three single-family homes and a detached warehouse, the land is fully serviced with public water, sewer, and PG&E utilities, each with separate meters. Zoned R1 and located in a city supportive of housing and community-oriented growth, this property offers an exceptional opportunity and flexibility. Whether envisioned as a residential housing community, private estate with room for multiple structures, a boutique vineyard, a farm, a wellness retreat, a school, a retirement community, a residential care facility, or veteran's housing - the potential is vast. Any development possibilities and uses remain entirely up to the buyers creativity and due diligence. This is not a site to limit the imagination, but to inspire your vision. The location is equally compelling: just minutes from Watsonville Community Hospital, Kaiser, PAMF, local shops and schools, Main & Green Valley commercial corridors, and the Watsonville Municipal Airport. Beaches are a short drive away, with easy access to Capitola, Santa Cruz, and Monterey, as Watsonville sits at the heart of the Monterey Bay. Buyer to verify all zoning, use potential, and build-ability with appropriate agencies.

40 Eileen ST, Watsonville

Listing courtesy of Kasey Hinchman, 831-239-3708 from David Lyng Real Estate
(If provided) CoList: from

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