HUGE PRICE REDUCTION! 113 Gonda Street presents a rare opportunity to acquire a 16-unit multifamily investment property located in unincorporated Monterey County near the Watsonville city limits. The property features an attractive unit mix comprised entirely of spacious three-bedroom floorplans, including a combination of 3 Bed / 2 Bath and 3 Bed / 1.5 Bath units, catering to strong family-oriented and workforce housing demand throughout the Central Coast region. The property offers onsite laundry, ample resident parking, functional layouts, and strong occupancy supported by limited housing supply and high rental demand. Large three-bedroom rental units remain limited throughout the surrounding market, positioning the property for continued demand and future rental growth. Strategically located near Highway 1, the property provides convenient access to Watsonville, Santa Cruz County, Monterey Bay, Salinas, and major employment centers. The surrounding area benefits from a diverse economic base supported by agriculture, healthcare, education, hospitality, logistics, and service industries. 113 Gonda Street represents an exceptional multifamily investment opportunity.
| MLS # | ML82048377 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1989 |
| Days On Site | 127 |
| Listing Provided By | Coast & Valley Properties, Inc. | Amy M. Salmina |
| SQ Feet | 17,360 |
|---|---|
| Car Port | Yes |
| Units | 16 |
| Building(s) | 4 |
| Zoning | RM |
| Acreage | 0.80 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|
| Utilities | Natural Gas Available |
|---|
| Property | 53578 |
|---|
| State | CA |
|---|---|
| County | Monterey |
| City | Royal Oaks |
| Zip Code | 95076 |
| Area | 699 Not Defined |
| Listing VS Median (in 95076) | |
Price: $5,600,000 low | high Med: $936,500 sqft: 17,360 low | high Med: 1,347 $ / sqft: $323 low | high Med: $697 On site: 127 low | high Med: 114 | |
| State | CA |
|---|---|
| County | Monterey |
| City | Royal Oaks |
| Zip Code | 95076 |
| Area | 699 Not Defined |
| Listing VS Median (in 95076) | |
Price: $5,600,000 low | high Med: $936,500 sqft: 17,360 low | high Med: 1,347 $ / sqft: $323 low | high Med: $697 On site: 127 low | high Med: 114 | |