151 Brennan Street, Watsonville, CA 95076
Triplex · 2 recorded sales since 2022
Sold June 2023
Listing Agent: Nick Oliver (DRE #02133612) · Listing Office: Redwood Property Company · Contact: (831) 224-6903 · Bought with: Rigo Bracamontes · Intero R E Services · MLS #ML81925388 · Source: CRMLS
About this triplex
The vacant lot at 203 Brennan provides a tremendous opportunity to build (2) 3-bedroom ADUs. All units have been recently renovated and leased at market rates. Contact listing agent for marketing package. Since the onset of the COVID-19 Pandemic, Santa Cruz County has been injected with mass migration from the Silicon Valleys remote workforce. In turn, countywide rents have skyrocketed 18.4%. As renters keep getting priced out of more expensive sub-markets in and around the City of Santa Cruz, demand continues pushing south to more affordable areas like Watsonville. This rental demand surge has pushed vacancy rates to 0.5%. Just one from Downtown Watsonvilles Main Street, and alongside the proposed Santa Cruz Rail/Rail Trail corridor, this property is poised to capture every bit of the markets forecasted appreciation.
Listing description from the June 2023 sale, as reported to CRMLS.
Sale history
