113 Gonda Street, Royal Oaks, CA 95076

$5,600,000

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List Price
$5,600,000
Status
ACTIVE
Days on Market
113
Price Change
▼ $650,000 1785538872
MLS#
ML82048377
Subtype
Commercial Sale
Year Built
1989
Lot Size
34,848
Acres
0.80
MLS Area Major
Not Defined (699)

Property Description

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.

Additional Information

Taxes
$53,578
Zoning
RM
Heating
Wall Furnace
Air Conditioning
Yes
Roof
Composition
School District
Other

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Amy M. Salmina (amy@coastandvalleypm.com) from Listing Office: Coast & Valley Properties, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.