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Commercial Property - 1180 Driftwood Terrace, Gilroy, CA

$2,475,000

1180 Driftwood Terrace, Gilroy, CA

1180 Driftwood Terrace, Gilroy, CA 95020 - $2,475,000 · Commercial Real Estate for Sale, photo 1 1180 Driftwood Terrace, Gilroy, CA 95020 - $2,475,000 · Commercial Real Estate for Sale, photo 2 1180 Driftwood Terrace, Gilroy, CA 95020 - $2,475,000 · Commercial Real Estate for Sale, photo 3 1180 Driftwood Terrace, Gilroy, CA 95020 - $2,475,000 · Commercial Real Estate for Sale, photo 4 1180 Driftwood Terrace, Gilroy, CA 95020 - $2,475,000 · Commercial Real Estate for Sale, photo 5
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Description

1180 Driftwood Terrace, an 11-unit multifamily investment opportunity located in Gilroy, California. Held by the same family since 1986, the property reflects nearly four decades of consistent, hands-on ownership a rare tenure that has preserved the asset's character while providing the operational continuity today's investors look for. Situated on an approximately 22,000-square-foot lot with 8,336 square feet of building area, 1180 Driftwood Terrace has been well maintained throughout its ownership history, offering an incoming buyer a proven income-producing asset with a stable operating foundation and clear runway for additional upside.

Property details

Square feet
8,336
Year built
1965
Property type
Commercial Sale
Lot size
22,000 sqft

Location

1180 Driftwood Terrace • Gilroy, CA 95020

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Listed by

Jimmy Castellanos · Marcus & Millichap

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Listing courtesy of Marcus & Millichap. Information deemed reliable but not guaranteed.

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