406 E 5th Street — Wise Choices Realty

Active Listed today

Listed By Shawki FarhatDRE #02225210

Raeid Farhat Real Estate Inc

Tom Schulze · Broker

Your inquiry will go to Tom Schulze, who is not the listing agent for this property.

Lot Size: 7,754 sqft
Year Built: 1890
Property Type: Commercial sale
Days on Market: Today

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.

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Home priceDown paymentDown %Interest rate %Term

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Principal and interest only. Property taxes, insurance and any HOA dues are not included and will increase this amount.

Estimates only, for your own planning. Not a loan offer, a pre-qualification, or a quote from any lender.

Features

Interior Features

Heating: Wall Furnace

Exterior Features

Roof: Composition

Market insights

Computed from CRMLS data for Watsonville.

Property history

No prior MLS sale records.

Based on information from California Regional Multiple Listing Service, Inc. as of October 5, 2026 at 9:45 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any amount of compensation or commission stated is made only to participants of CRMLS or an MLS that has entered into a datashare agreement with CRMLS.