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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Amy M. Salmina • Coast & Valley Properties, Inc., DRE#01494129

$ 5,600,000

Est. payment | -/mo

6 Beds

3 Baths

17,360 SqFt

Save

$ 5,600,000

Est. payment | -/mo

Save

6 Beds

3 Baths

17,360 SqFt

Key Details

Property Type Commercial Multi-Residential (5 units)

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,360 sqft

Price per Sqft $322

MLS Listing ID ML82048377

Bedrooms 6

Full Baths 3

Year Built 1989

Lot Size 0.800 Acres

Property Sub-Type Five or More Units

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.

Location

State CA

County Monterey

Area Hall Road, Las Lomas, Aromas

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Carport , Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

Roof Type Composition

Building

Foundation Post and Pier

Sewer Sewer - Public, Sewer Connected

Water Public

Others

Restrictions None

Tax ID 117-371-011-000

Miscellaneous None

Security Features None

Special Listing Condition Not Applicable

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

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