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$1,599,999 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 4,350 Sq. Ft.
  • Updated 11 hours ago
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Unbeatable value in Watsonville! Rare 8-unit portfolio priced under $200k/door on a single parcel (6-unit building at 642 Lincoln + duplex at 406 E 5th). Well-maintained with updated electrical, dual-pane windows, wall heaters, and refreshed kitchens, baths, and flooring. Select units feature bonus rooms. Separately metered for gas/electric with on-site coin-op laundry. Long-term tenants and low rents deliver massive upside. Housing Authority payment standards yield a pro forma potential gross income of $288,864/year ($2,639/mo for 1BRs, $3,379/mo for 2BRs). Walking distance to schools (elementary through high school) and downtown.

Full Property Details for 406 E 5th St

General

  • Price: $1,599,999
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82063605
  • Updated: 10/5/2026
  • Added to Site: Today

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: No Garage, 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, Public Utilities
  • Metering: Master Water, Separate Electric

Structural Information

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Disability Access: None
  • Square Feet: 4,350
  • Year Built: 1890

Unit Information

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 1

Lot Features

  • Minimum Lot Size: 7754
  • Building Sites: 2
  • Zoning: R

Disclosures and Reports

  • Restrictions: None

Listed by Raeid Farhat Real Estate Inc, Shawki Farhat

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Listing agent

— 406 E 5th St —

  • Shawki Farhat

    Raeid Farhat Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 406 E 5th St

School District:Pajaro Valley Joint Unified School District
NameGradesDistance
Mintie White Elementary School
515 Palm Avenue, Watsonville, CA 95076
K-50.2 mi
E. A. Hall Middle School
201 Brewington Avenue, Watsonville, CA 95076
6-80.2 mi
Watsonville High School
250 East Beach Street, Watsonville, CA 95076
9-120.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/05/2026
Listed
$1,599,999
18723.52%
MLS
9/19/2016
Sold
$8,500
—
Public Record
Get Price Alerts and Save Property
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 for 406 E 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,826
—
$1,268,476
2%
2025
$15,826
11%
$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
—
View All
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 for 406 E 5th St

$
Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Raeid Farhat Real Estate Inc, Shawki Farhat

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406 E 5th St, Watsonville, CA 95076 (MLS# ML82063605) is a Commercial Residential Facility property. 406 E 5th St is currently listed for $1,599,999 and was received on October 05, 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.

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