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Millman Team Real Estate

$5,600,000
0.80 Acre Lot

113 Gonda Street, Royal Oaks, California 95076

  • Commercial Sale Property Type
  • 1989 Year Built
Property 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.

Basic Details
Commercial Sale
For Sale
ML82048377
$5,600,000
1989
0.80 Acre
Active
: Composition
Features
: Wall Furnace
: None
20.0
: Natural Gas Available
$0
Address Map
CA
Monterey
Royal Oaks
95076
Gonda
113
Street
W122° 15' 8.1''
N36° 54' 22''
Cross Street: San Juan Road
699 - Not Defined
RM
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
17360
16
2026-05-23
6250000
: Public
Broker/Agent Information
Coast & Valley Properties, Inc.
Amy M. Salmina
Financial
53578.0
Listing Information
ML487236
ML89963
Active
2026-07-31T17:55:27Z
CRMLS
: Standard
2026-05-23T03:29:06Z
Agent info
Ray Millman
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