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240 E Lake Ave
Watsonville, CA 95076
MLS# 81711029 ID: 52627863
$565,000
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Property Description
Opportunity Knocks! Great upside... potential! Building consists of 7 private offices, 2 bathrooms, kitchen/break-room and 2 reception areas! Great for office or Medical professionals. You also have the possibility/ability to convert into a 3 unit residential property! Potential income could generate $75,000-$80,000 +- a year. City of Watsonville Planning Department says that "Property can be converted from commercial to residential. Residential development projects are permitted in CN zone subject to an approved Special Use permit by the Planning Commission. Determination for residential density in the CN zone will be given based on the nearest residential zone. In this case It happens to be HIGH density Zone (RM-3). Staff will support a project that confirms to the City Municipal Code." Few multi residential properties for sale, & we have a shortage of avail rentals in Watsonville. With some work, & effort, this could be great income producing property. Upside to this property is HUGE!
Property Features
Status
Last Updated September 24, 2018
Market Status Available
Description
Property Type Commercial
Year Built 1962
Approx. Lot Size .19 Acres
Building Features
Heating System Gas Heating
Roof Composition Roof
Exterior Features
Parking Uncovered Parking
Interior Features
Floors Slab Floors
Location
MLS Area Watsonville
Lot Features
Water Utilities Public Water Supply, Separate Water
Offered By: Raeid Farhat Real Estate
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Preschool-8 Private
Scotts Valley Unified School District Preschool-5 Public
Live Oak Elementary School District Preschool-5 Public
Diocese Of Monterey Preschool-8 Catholic
Live Oak Elementary School District Preschool-5 Public
Preschool-12 Private
Pajaro Valley Unified School School District Preschool-5 Public
Diocese Of Monterey Preschool-8 Catholic
Pajaro Valley Unified School School District Preschool-5 Public
Live Oak Elementary School District Preschool-5 Public
San Lorenzo Valley Unified School District Preschool-preschool Public
Preschool-k Private
Preschool-12 Private
Soquel Union Elementary School District Preschool-preschool Public
Pacific Elementary School District Preschool-6 Public
Preschool-8 Private
Preschool-8 Private
Live Oak Elementary School District Preschool-preschool Public
Preschool-6 Private
School District Grades Type
Preschool-8 Private
Scotts Valley Unified School District Preschool-5 Public
Live Oak Elementary School District Preschool-5 Public
Diocese Of Monterey Preschool-8 Catholic
Live Oak Elementary School District Preschool-5 Public
Preschool-12 Private
Pajaro Valley Unified School School District Preschool-5 Public
Diocese Of Monterey Preschool-8 Catholic
Pajaro Valley Unified School School District Preschool-5 Public
Live Oak Elementary School District Preschool-5 Public
Preschool-k Private
Preschool-12 Private
Pacific Elementary School District Preschool-6 Public
Preschool-8 Private
Preschool-8 Private
Preschool-6 Private
School District Grades Type
Pajaro Valley Unified School School District K-8 Public
Santa Cruz City School District K-12 Public
Pajaro Valley Unified School School District K-5 Public
Pajaro Valley Unified School School District K-5 Public
Santa Cruz City School District K-5 Public
Preschool-8 Private
Bonny Doon Union Elementary School District K-6 Public
San Lorenzo Valley Unified School District K-5 Public
Pajaro Valley Unified School School District K-6 Public
Scotts Valley Unified School District Preschool-5 Public
Pajaro Valley Unified School School District K-6 Public
K-12 Private
Santa Cruz City School District K-5 Public
Live Oak Elementary School District Preschool-5 Public
Pajaro Valley Unified School School District K-5 Public
K-8 Private
Santa Cruz City School District K-5 Public
Diocese Of Monterey Preschool-8 Catholic
Live Oak Elementary School District Preschool-5 Public
Preschool-12 Private
Pajaro Valley Unified School School District Preschool-5 Public
Happy Valley Elementary School District K-6 Public
Diocese Of Monterey Preschool-8 Catholic
Pajaro Valley Unified School School District Preschool-5 Public
Pajaro Valley Unified School School District K-8 Public
Live Oak Elementary School District Preschool-5 Public
Loma Prieta Joint Union Elementary School District K-5 Public
2-6 Private
Soquel Union Elementary School District K-5 Public
Pajaro Valley Unified School School District K-6 Public
Preschool-k Private
Pajaro Valley Unified School School District K-5 Public
Diocese Of Monterey K-8 Catholic
Preschool-12 Private
Mountain Elementary School District K-6 Public
Live Oak Elementary School District K-8 Public
K-6 Private
Pajaro Valley Unified School School District K-12 Public
Pacific Elementary School District Preschool-6 Public
Pajaro Valley Unified School School District K-5 Public
Pajaro Valley Unified School School District K-6 Public
Diocese Of Monterey K-8 Catholic
San Lorenzo Valley Unified School District K-5 Public
K-6 Private
Santa Cruz City School District K-6 Public
Santa Cruz Co. Off. Of Education K-12 Public
Soquel Union Elementary School District K-5 Public
Preschool-8 Private
Preschool-8 Private
San Lorenzo Valley Unified School District K-12 Public
San Lorenzo Valley Unified School District K-12 Public
Soquel Union Elementary School District K-5 Public
K-6 Private
K-10 Private
K-8 Private
Pajaro Valley Unified School School District K-5 Public
Pajaro Valley Unified School School District K-5 Public
Preschool-6 Private
Live Oak Elementary School District K-8 Public
K-8 Private
Pajaro Valley Unified School School District K-6 Public
K-8 Private
Scotts Valley Unified School District K-5 Public
Pajaro Valley Unified School School District K-6 Public
Santa Cruz City School District K-5 Public
K-12 Private
School District Grades Type
Pajaro Valley Unified School School District K-8 Public
Santa Cruz City School District K-12 Public
Pajaro Valley Unified School School District 7-8 Public
Preschool-8 Private
Santa Cruz City School District 6-8 Public
Loma Prieta Joint Union Elementary School District 6-8 Public
Pajaro Valley Unified School School District 6-12 Public
K-12 Private
Pajaro Valley Unified School School District 6-8 Public
Pajaro Valley Unified School School District 6-8 Public
K-8 Private
6-12 Private
Diocese Of Monterey Preschool-8 Catholic
Preschool-12 Private
Diocese Of Monterey Preschool-8 Catholic
Pajaro Valley Unified School School District 6-8 Public
Pajaro Valley Unified School School District K-8 Public
Santa Cruz City School District 6-8 Public
6-12 Private
6-12 Private
Diocese Of Monterey K-8 Catholic
Preschool-12 Private
Soquel Union Elementary School District 6-8 Public
Live Oak Elementary School District K-8 Public
Pajaro Valley Unified School School District K-12 Public
Santa Cruz Co. Off. Of Education 7-12 Public
Pajaro Valley Unified School School District 6-8 Public
Diocese Of Monterey K-8 Catholic
San Lorenzo Valley Unified School District 6-8 Public
Santa Cruz Co. Off. Of Education 7-12 Public
Santa Cruz Co. Off. Of Education K-12 Public
Preschool-8 Private
Preschool-8 Private
Scotts Valley Unified School District 6-8 Public
Santa Cruz City School District 7-12 Public
Live Oak Elementary School District 6-8 Public
San Lorenzo Valley Unified School District K-12 Public
San Lorenzo Valley Unified School District K-12 Public
K-10 Private
K-8 Private
Live Oak Elementary School District K-8 Public
K-8 Private
K-8 Private
K-12 Private
School District Grades Type
Santa Cruz City School District K-12 Public
Pajaro Valley Unified School School District 9-12 Public
Santa Cruz City School District 9-12 Public
Pajaro Valley Unified School School District 6-12 Public
K-12 Private
Santa Cruz City School District 10-12 Public
Live Oak Elementary School District 9-12 Public
Santa Cruz City School District 9-12 Public
Pajaro Valley Unified School School District 9-12 Public
6-12 Private
Preschool-12 Private
Santa Cruz City School District 9-12 Public
9-12 Private
6-12 Private
9-12 Private
6-12 Private
Preschool-12 Private
Pajaro Valley Unified School School District 9-12 Public
Pajaro Valley Unified School School District K-12 Public
Santa Cruz Co. Off. Of Education 7-12 Public
Pajaro Valley Unified School School District 9-12 Public
Pajaro Valley Unified School School District 11-12 Public
San Lorenzo Valley Unified School District 9-12 Public
Santa Cruz Co. Off. Of Education 7-12 Public
Santa Cruz County Rop 10-12 Public
Santa Cruz Co. Off. Of Education K-12 Public
Santa Cruz City School District 9-12 Public
Scotts Valley Unified School District 9-12 Public
Santa Cruz City School District 7-12 Public
San Lorenzo Valley Unified School District K-12 Public
San Lorenzo Valley Unified School District K-12 Public
Santa Cruz City School District 9-12 Public
Diocese Of Monterey 9-12 Catholic
Pajaro Valley Unified School School District 9-12 Public
K-12 Private
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 719 Madison, Watsonville, Ca 95076 3 3 $660,000
2 426 Jefferson, Watsonville, Ca 95076 2 1 $432,500
3 426 Jefferson, Watsonville, Ca 95076 2 1 $360,000
4 227 Prospect, Watsonville, Ca 95076 5 4 $925,000
5 227 Prospect, Watsonville, Ca 95076 5 4 $925,000
6 905 Freedom, Watsonville, Ca 95076 3 2 $386,000
7 21 High, Watsonville, Ca 95076 $501,262
8 21 High, Watsonville, Ca 95076 $501,262
9 116 Manana, Watsonville, Ca 95076 4 2 $560,000
10 116 Manana, Watsonville, Ca 95076 4 2 $560,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 92,016
Population Growth 8%
Population Density 674
Median Age 30.3
Median Income $52,508
Households 24,511
Weather
Jan Low 26.74
Jan High 49.15
July Low 49.62
July High 92.06
Annual Precipitation (in.) 36.47
Weather Risk Index* 5
*Index score (100 = National Average) that represents the total risk
Watsonville Demographics
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Watsonville Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by MLS Listings, Inc.

© [CurrentYear] MLS Listings Inc. All rights reserved.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than HomesAndLand.com are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

Data updated daily.

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