$949,000 Price Analysis   ♡   Gilroy, CA 95020 4 bed 2 bath 1,419 SqFt ($668/SqFt) 6,534SqFt lot. Built 1900 Listed 2024-03-14, Taxes $9,345 | Ⓧ USDA Ineligible due to price & location near Gilroy |
Great investment opportunity to live in one unit and rent the other.
* No Longer For Sale *
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Originally a single-family dwelling, this corner lot property was legally converted into a duplex and renovated in 20 17. It now offers two distinct units: 188 Lewis St and 7581 Alexander, each featuring 2 bedrooms and 1 bathroom. One unit is currently vacant (newly painted interior/new flooring throughout) while the ther is leased to a reliable long-term tenant on a month-to-month basis, providing instant rental income.
Conveniently located within walking distance of downtown Gilroy's shops and restaurants, each unit is approximately 700 sqft and includes separate utilities, a 2-car metal carport with individual storage closets and in-unit washer/dryer facilities. Rare R3 mixed-use residential and multi-family residential zoning makes this property a fantastic opportunity for investors and homeowners.
Presented by Liliana Sandoval at
Redfin.
Property MLS #ML81957583 from MLSListings
Parking Features: Carport , Off-Site Parking, Off-Street Parking
Parking Total: 4
Lot Size Source: Assessor
Lot Size Square Feet: 6534
Calculated Total Monthly Association Fees: 0
Gardener Expense: 165
Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Square Feet: 700
Unit-2 Square Feet: 700
Unit 1 Total Actual Rent: 2350
High School District: Gilroy Unified
Map directions Map directions Map directions Map directionsCounty: Santa Clara
Source Property Type: Residential Income (2-4 units)
Inclusions: Building, Dishwasher - All Units, Land, Land Status - Other, Oven/Range - All Units, Refrigerator - All Units
Area: Morgan Hill / Gilroy / San Martin
Source Neighborhood: Morgan Hill / Gilroy / San Martin
Parcel Number: 841-05-035
Postal City: GILROY
Professional Management Expense: 165
Zoning: R3
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $487,851 + $251,966 $739,817 | $9,345 |
| 2021 | $478,286 + $247,026 $725,312 | $9,304 |
| 2020 | $473,382 + $244,494 $717,876 | $9,203 |
| 2019 | $464,100 + $239,700 $703,800 | $9,117 |
| 2018 | $455,000 + $235,000 $690,000 | $8,512 |
| 2017 | $6,340 + $14,304 $20,644 | $383 |
| 2016 | $6,216 + $14,024 $20,240 | $364 |
| 2015 | $6,123 + $13,814 $19,937 | $348 |
| 2014 | $6,004 + $13,544 $19,548 | $345 |
| 2013 | $5,977 + $13,483 $19,460 | $341 |
| 2012 | $5,860 + $13,219 $19,079 | $349 |
| 2010 | $5,746 + $12,960 $18,706 | $350 |
| 2009 | $5,718 + $12,895 $18,613 | $343 |
| 2009 | $5,704 + $12,864 $18,568 | $343 |
| 2008 | $5,606 + $12,643 $18,249 | $311 |
| 2007 | $5,497 + $12,396 $17,893 | $320 |
$935,000
MLSListings
Listed 2024-03-14
$949,000
MLSListings
Sold 2017-07-20
$690,000
MLSListings
Price Changed 2017-06-16
$699,000
MLSListings
Listed 2017-05-17
$749,000
MLSListings
Operating Expense Includes: Fee - Property Management, Services - Gardener
Year Built: 1900
Foundation Details: Concrete Perimeter
Property Age: 124
Roof: Composition
Levels or Stories: 1
Total Area Sqft: 1419
Year Built Source: Assessor
Individual Gas Meters
Public Utilities
Water Source: Public
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.