$8,550,000
Pending611 E 7th Street
Gilroy CA 95020
24,573
SF
Commercial
Type
1966
Built
$348/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Located in Gilroy, Property is composed of 5 buildings and a large area of land behind the units*All downstairs units have a yard area. There is laminate flooring throughout. The kitchens is equipped with an electric oven range, exhaust fan, hood over the range, and a refrigerator, providing essential appliances for meal preparation. Laundry facilities are coin operated, adding convenience for residents. Cooling is provided by ceiling fans, and heating is managed by electric and wall furnace units. The home includes double pane windows for energy efficiency. There is a two-car garage available for parking and storage. Total parking is 61 spaces, 31 in carport*1.9 acres of lot size*Great unit mix, 2 three bedrooms, 6 one bedroom and 24 two bedroom units*Units are professionally managed*Please note Cap rate!!Conveniently located to Gilroy Outlets, Costco Wholesale, Walmart, and Cal Train Gilroy Station*Just down the street from Eliot Elementary which makes this a great convenience for tenants*
Property Information
Property Overview
Commercial
Property Type
Pending
Status
R3
Zoning
1.9 acres
Lot Size
24,573 SF
Square Footage
$347.94/SF
Price per SF
$103,856
Annual Tax
1,966
Year Built
28
Parking Total
1.14
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.
CRMLS
MLS# ML82065755
Listed:
Nalren refreshed:
Last updated
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Listed by: Real Property Investments
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.