251-255 Lake AveWatsonville, CA 95076

Property Details for 251-255 Lake Ave

Year built

1957

Lot size

0.42 AC

Property type

Other multifamily properties

Property subtype

Residential income properties

Description

This exceptional investment property, located at 251-255 E Lake Avenue in Watsonville, California, presents a compelling opportunity for discerning investors. Situated on a sizable 0.42-acre lot, this multi-family property offers significant potential for growth and strong returns. The property's address is 251-255 E Lake Avenue. While the precise square footage is currently unavailable, the substantial lot size suggests a considerable building footprint. The asking price for this promising investment is $1,750,000. Given its location in Watsonville, a vibrant and growing community, this property is well-positioned to benefit from increasing rental demand and appreciation in property values. The multi-family nature of the property provides inherent diversification and potential for long-term rental income. Further due diligence is encouraged to fully assess the property's potential and to confirm all details. This is a rare opportunity to acquire a well-located multifamily property in a desirable California market. Serious inquiries are welcome. The property is offered as-is. All interested parties are responsible for conducting their own independent inspections and verifying all information provided.

Location Insight

City

Watsonville

County

Santa Cruz

State

California

Latitude

36.9148

Longitude

-121.755

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