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$4,300,000
37 Days On Site

344 Pennsylvania Drive
WATSONVILLE, CA 95076

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,048
SqFt
$711
/SqFt
1965
Built
County:
Santa Cruz
Listed by of Jo Ellen Smith of Bailey Properties (831) 247-9600
Call Now: (408) 868-2620
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(408) 868-2620
344 Pennsylvania Drive344 Pennsylvania Drive344 Pennsylvania Drive344 Pennsylvania Drive
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This property is an exceptional 8-unit investment opportunity in Watsonville. This 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 2025, 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.

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Listing Snapshot
Price 
$4,300,000
Days On Site 
37 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,048 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.301 Acres
Year Built 
1965
MLS® Number 
ML82051650
Status 
Active
Property Tax 
$26,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Cross Street 
Main
Disclosures 
Natural Hazard Disclosure
Foundation 
Concrete Perimeter
Parking 
No GarageTandem
Parking Spaces 
11
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
6048
Style 
Contemporary
Water Source 
Public
Zoning 
RM3
Interior Features
Appliances 
CooktopRefrigeratorOvenGas CooktopElectric OvenSelf Cleaning Oven
Flooring 
Laminate
Heating 
Wall Furnace
Laundry Features 
None
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Exterior Features
Construction Details 
Frame
Patio And Porch 
Deck
Pool Features 
None
Roof 
Composition
Community Features
School District 
Pajaro Valley Unified
Schools
School District
Pajaro Valley Unified
Elementary School
Starlight Elementary
Middle School
Cesar E. Chavez Middle
High School
Watsonville High
Listed by of Jo Ellen Smith of Bailey Properties (831) 247-9600



The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-07-27 03:20 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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