
Gilroy, California 95020
This West Gilroy fourplex presents a High-Potential Investment Opportunity, listed at a List Price of $1,599,000, which aligns with the current $1,599,000 Fair Market Value. Featuring four spacious 900 sq. ft. units, this Residential Income Asset offers significant rental upside through cosmetic modernization. With a Condition Rating of 4, the property provides a stable foundation for value-add strategies. Its prime location near 1st Street ensures consistent tenant demand, making this an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1220 Juniper Drive Subject | $1,599,000* List Price | 0 | 0 | 3,605 | $444 | - |
A 1210 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.
Built in 1965, this fourplex is dated but remains functional and income-producing. The roof was replaced approximately 15 years ago, and while the exterior and units are older and will require cosmetic updates to maximize rental upside, there are no reported structural or safety defects rendering it unlivable.
Situated just one block from 1st Street, the property offers tenants immediate walking access to a high concentration of retail, dining, and essential services, ensuring strong rental demand.
Offered at a 13.67 GRM with significant rental upside, this quadruplex presents a compelling opportunity for investors seeking a value-add play in a stable market.
The complex consists of four spacious two-bedroom, one-bath units averaging 900 sq. ft. each, a highly marketable layout that appeals to a wide range of long-term tenants.
With a 1965 build date and a roof that is approximately 15 years old, the property may soon require capital expenditures for modernization and major system maintenance.
The assigned elementary school carries a rating of 3, which may be a deterrent for prospective tenants with young children compared to areas with higher-rated primary education.
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 13.67 GRM with rental upside. The asphalt composition roof is roughly 15 years old.
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 | 7,700 | 5,310 |
| Price | $1.60M | $876.4K |
| Price per sq ft | $444 | $574 |
| Built year | 1965 | 1950 |
| HOA | $0 | $0 |
| Days on market | 3 | 63 |
Sep 6, 2026
$1,599,000
Initial Listing