
Gilroy, California 95020
This Condominium represents a Strong Value Opportunity, listed at $479,000—positioned well above the $417,120 Fair Market Value by -14%. While the pricing reflects a premium, the property offers a Condition Rating of 4, featuring a Granite Kitchen and a rare Wrap-around Patio for private outdoor living. Despite the dated HVAC systems, the turnkey interior provides immediate utility. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance entry point into the Gilroy market.
Property is moderate renovation needed.
Built in 1976, this property is over 45 years old and remains largely dated. While it has 'turn-key' elements like new carpet and fresh paint, the bathroom features original-style tile and fixtures, and the HVAC systems (baseboard electric heat and wall AC units) are inefficient, older technologies. The kitchen has minor updates (granite), but the overall unit requires modernization of core systems and wet areas.
Positioned as one of the most affordable two-bedroom condos in Santa Clara Valley, this property offers a high-value entry point for first-time buyers or investors in a competitive region.
As a quiet end unit, the property features a rare, large wrap-around patio with pavers and gated access, providing significantly more private outdoor living space than standard units.
The home is move-in ready with fresh interior paint, new carpeting, and a functional kitchen equipped with granite counters and a full suite of appliances.
At 742 square feet for a two-bedroom configuration, the interior living space is relatively small, which may feel restrictive for families or those requiring larger rooms.
The reliance on baseboard electric heating and wall-mounted A/C units rather than a modern central HVAC system may result in lower energy efficiency and less consistent temperature control.
Back on the Market! (Buyer unable to secure loan) Here's your chance! Opportunity knocks in this amazing, well-located Gilroy condo! Quiet End Unit is a great starter home or investment opportunity. Two bedrooms, one bath located in a walkable, convenient area of Gilroy. One of the cheapest two bedroom condos available in Santa Clara Valley! Fresh interior paint and new carpet. The kitchen includes loads of cabinet space, granite/tile counters, built-in microwave, electric oven/stove range and full-size refrigerator. Eat-in kitchen opens to large family room area. Baseboard electric heat, 2 wall unit A/Cs. Private interior laundry and community laundry available across from this unit. This end unit has a large wrap-around patio space with pavers and gated access as well as slider access from bedroom. One-car detached, private garage with opener located across the walkway from end unit. Disclosures available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 742 | 1,164 |
| Lot Size | - | 1,706 |
| Price | $479.0K | $592.8K |
| Price per sq ft | $646 | $453 |
| Built year | 1976 | 1983 |
| HOA | $248.0 | $362 |
| Days on market | 77 | 49 |
Aug 21, 2026
$479,000
$489,000
-2% Price Drop
Initial Listing
Jun 24, 2026
$489,000
Initial Listing
Feb 28, 2024
$475,000
Public Record
Nov 2, 2017
$345,000
Public Record
Jun 5, 1995
$21,000
Public Record