344 Pennsylvania DR, WATSONVILLE, CA 95076

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$4,300,000

bedrooms

bathrooms

square feet

6,048

Acreage

0.301

Open Houses

year built

1965

Full Baths

Half Baths

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An exceptional 8-unit investment opportunity in Watsonville. This is a 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 2024, 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.

Location
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MLS number: ML82051650

Listing status: Active

Listing agent: Jo Ellen Smith #01341240

Listing broker: Bailey Properties (831) 688-7434

Last update: Sunday, September 13 2026 at 6:12 a.m. EDT

Kotohomes National