
Gilroy, California 95020
This fourplex presents a High-Potential Investment Opportunity with a List Price of $1,599,000, which aligns with the current $1,599,000 Fair Market Value. Featuring a Condition Rating of 4, the property offers significant rental upside through modernization of the four 900 sq. ft. units. Its prime location one block from 1st Street ensures high tenant demand, while the consistent two-bedroom, one-bath configuration provides a stable, functional layout. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to optimize cash flow in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1210 Juniper Drive Subject | $1,599,000* List Price | 0 | 0 | 3,605 | $444 | - |
A 1220 Juniper Drive Active | $1,599,000 List Price | 0 | 0 | 3,605 | $444 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1964 (60 years old), placing it well beyond the 20-year threshold for dated status. While the roof was replaced approximately 15 years ago, the exterior siding shows visible wear and the 'rental upside' description suggests that the four units likely feature dated kitchens and bathrooms requiring modernization to achieve market rents.
Situated just one block from 1st Street, the property offers tenants immediate walking access to major retail, dining, grocery stores, and essential services, ensuring high occupancy demand.
Offered at a 14.18 GRM with explicitly noted rental upside, this fourplex presents a strong opportunity for investors to increase cash flow and improve the capitalization rate through market-rate adjustments.
The complex consists of four consistent two-bedroom, one-bathroom units averaging 900 sq. ft. each, providing a highly marketable and functional layout for long-term residential tenants.
Built in 1964 with an asphalt composition roof that is approximately 15 years old, the property may require upcoming capital expenditures for maintenance, repairs, or modernization.
The assigned elementary school carries a lower rating (3/10), which may limit the property's appeal to families prioritizing high-performing school districts, potentially narrowing the prospective tenant pool.
Well-priced West Gilroy fourplex. The location is fantastic - one block south of 1st Street, with its abundant retail, restaurants, grocery stores, coffee shops, banks, pharmacies, and gyms. The complex has four two-bedroom/one-bath units averaging 900+ sq. ft. per unit. The complex is offered at a 14.18 GRM with rental upside. The asphalt composition roof is roughly 15 years old. Painting bids are pending.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.7 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,605 | 1,528 |
| Lot Size | 7,920 | 5,310 |
| Price | $1.60M | $876.4K |
| Price per sq ft | $444 | $574 |
| Built year | 1964 | 1950 |
| HOA | $0 | $0 |
| Days on market | 3 | 63 |
Sep 6, 2026
$1,599,000
Initial Listing