113 Gonda St , Royal Oaks, CA 95076
$5,600,000
Est. Payment: $30,734.89/mo
17360 Sqft
0.8 Acres
Status: Active Under Contract | Days on site: 121
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ML89963 - ML487236
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House Description

HUGE PRICE REDUCTION! 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.

Highlights

Listed by Amy M. Salmina , 831-970-9540 Coast & Valley Properties, Inc. , 831-757-1270. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.8

Year Built

1989

County

Monterey

Area

699 - Not Defined

School District

Other

Listing ID

ML82048377

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:30
Zoning:RM
Roof:Composition
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$30,735
Taxes
$4,465

Home Price

$5,600,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$1,120,000
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Monthly Price:
$30,734.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $30,734.89 $4,464.83 $0.00 $35,199.73
Yearly $368,818.71 $53,578.00 $0.00 $422,396.71
Total $11,064,561.21 $1,607,340.00 $0.00 $12,671,901.21

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Royal Oaks, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T07:14:35.000Z

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