$3,495,000
80 Porter Drive #A
Watsonville, CA 95076
1945
Year Built
Monterey
County
CommercialSale
Property Type
About this home
Owner/operator use, future residential development or great investment property. Large commercial property known as 70 Porter Dr & 80A Porter Dr. APN # 117-332-015, APN 117-332-014. There are currently 10 rental income units. Residential tenants are on 2nd floor above Stereo Electronics store. One studio unit and 2 individual room rentals. Other long term tenants are a restaurant, auto repair, auto bodyshop, market, hair salon, battery sales, The square footage stated are either from the tax assessor records or property manager and are not guaranteed to be exact. All the commercial tenants have been long term and are on month to month agreements. New 30 year roof completed in June 2022 with 10 year warranty. All new electrical in 2015, new plumbing in residential units in 2020. There are 3 water meters (1 not being used)and seven electrical meters on the property. The pro forma shows good upside in rent potential, based on current market rental rates. This is definitely worth a look. Seller will consider some seller financing.
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Mortgage Estimate
$18,602/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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