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$1,495,000 Just Listed
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Property Description
Well maintained 8 unit apartment building in the heart of Watsonville. 642 Lincoln Street is a 6 unit building and 406 E 5th is a duplex, all on one parcel. Units have been updated with newer electric panels and wall heaters. Units have separate gas and electric meters. Most kitchens, bathrooms have been updated, along with newer flooring and dual pane windows. Long term tenants with low rents and no vacancy for many years. Please do not disturb the tenants. Separate laundry room with coin operated machines. This is an excellent investment for buyers looking for stable cash flow and long term upside.
Full Property Details
Full Property Details for 406 E 5th St
General
- Price: $1,495,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82054887
- Updated: 7/20/2026
- Added to Site: Today
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: On Street
Location
- Area: Watsonville
- County: Santa Cruz
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water
Structural Information
- Foundation: Concrete Perimeter
- Roof: Composition
- Disability Access: None
- Square Feet: 4,350
- Year Built: 1890
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 2
Lot Features
- Minimum Lot Size: 7754
- Building Sites: 2
- Zoning: MR
- Lot Description: Level
Disclosures and Reports
- Restrictions: None
Listed by Lighthouse Realty, Peter Cook
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Schools
Schools serving 406 E 5th St
School District:Pajaro Valley Joint Unified School District
| Name | Grades | Distance |
|---|---|---|
Mintie White Elementary School 515 Palm Avenue, Watsonville, CA 95076 | K-5 | 0.2 mi |
E. A. Hall Middle School 201 Brewington Avenue, Watsonville, CA 95076 | 6-8 | 0.2 mi |
Watsonville High School 250 East Beach Street, Watsonville, CA 95076 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 406 E 5th St
Date
Details
Price
Change
Source
7/20/2026
Listed
$1,495,000
17488.24%
MLS
9/19/2016
Sold
$8,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 406 E 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,287
—
$1,243,605
2%
2024
$14,287
2%
$1,219,221
2%
2023
$14,073
2%
$1,195,314
2%
2022
$13,830
2%
$1,171,876
2%
2021
$13,607
1%
$1,148,899
1%
2020
$13,410
2%
$1,137,118
2%
2019
$13,176
3%
$1,114,821
2%
2018
$12,846
1%
$1,092,963
2%
2017
$12,740
3%
$1,071,533
2%
2016
$12,386
—
$1,048,557
2%
2015
$12,349
2%
$1,032,806
2%
2014
$12,084
—
$1,012,575
—
2013
$12,134
—
$1,007,999
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 406 E 5th St
406 E 5th St, Watsonville, CA 95076 (MLS# ML82054887) is a Commercial Residential Facility property. 406 E 5th St is currently listed for $1,495,000 and was received on July 20, 2026. Want to learn more about 406 E 5th St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Watsonville? You can browse all Watsonville real estate or contact a Coldwell Banker agent to request more information.

