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Listed by Amy M. Salmina • Coast & Valley Properties, Inc.
$ 6,500,000
Est. payment /mo
New
113 Gonda Street Royal Oaks, CA 95076
17,360 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 17,360 sqft
Price per Sqft $374
MLS Listing ID ML82048377
HOA Y/N No
Year Built 1989
Lot Size 0.800 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
113 Gonda Street presents a rare opportunity to acquire a 16-unit multifamily investment property located in unincorporated Monterey County near the Watsonville city limits. The property features an attractive unit mix comprised entirely of spacious three-bedroom floorplans, including a combination of 3 Bed / 2 Bath and 3 Bed / 1.5 Bath units, catering to strong family-oriented and workforce housing demand throughout the Central Coast region. The property offers onsite laundry, ample resident parking, functional layouts, and strong occupancy supported by limited housing supply and high rental demand. Large three-bedroom rental units remain limited throughout the surrounding market, positioning the property for continued demand and future rental growth. Strategically located near Highway 1, the property provides convenient access to Watsonville, Santa Cruz County, Monterey Bay, Salinas, and major employment centers. The surrounding area benefits from a diverse economic base supported by agriculture, healthcare, education, hospitality, logistics, and service industries. 113 Gonda Street represents an exceptional multifamily investment opportunity.
Location
State CA
County Monterey
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Laundry Coin Operated
Building
Water Public
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