1510 Welburn Avenue, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 3 bath
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Gilroy, California 95020
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $999,000—positioned well below the $1,144,914 Fair Market Value by 12%. This valuation gap offers $145,914 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a modern kitchen, EV charging, and a massive 0.51-acre lot with ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1510 Welburn Avenue Subject | $999,000* List Price | 3 | 3 | 2,371 | $483 | - |
A 1610 Calabrese Way Sold | $1,180,000 | 3 | 2 | 2,226 | $530 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern renovation within the last 5 years, featuring a contemporary kitchen with shaker cabinetry and stainless appliances, updated bathrooms, new flooring, and recessed lighting throughout. Systems are improved with a 240V EV outlet and water softener, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20600, living area = 2371.
The property sits on a generous 0.51-acre lot, providing exceptional privacy and ample space for potential expansion or the addition of an Accessory Dwelling Unit (ADU) to increase property value.
Extensively updated with renovated bathrooms, stylish finishes, and modern essentials like a 240-volt EV charging outlet and a water softener system, making it move-in ready.
Constructed in 1983, the home may require capital improvements to major structural or mechanical components that were not part of the recent cosmetic renovations.
While offering a peaceful retreat, the property's location in Gilroy may be a drawback for buyers requiring a short daily commute to the primary Silicon Valley employment centers.
Welcome to 1510 Welburn Ave., located in a peaceful and private area of Gilroy. This beautifully updated home offers the perfect blend of modern comfort, functionality, and contemporary design. Renovated bedrooms and bathrooms feature stylish finishes, while the bright, open floor plan creates an inviting atmosphere. Recessed lighting has been installed throughout much of the home, with additional lighting in the basement and attic to improve accessibility for storage and maintenance. The spacious kitchen is designed for both everyday living and entertaining, offering abundant natural light and a seamless flow into the main living areas. Numerous improvements have been made over the years, enhancing the home's overall functionality and appeal. Additional features include a water softener system and a 240-volt outlet for EV charging. Situated on approximately a 0.51-acre lot, the property offers endless possibilities for outdoor living, including a patio, garden, or other recreational features. Potential for additional structures, such as an ADU, should be independently verified with the City of Gilroy. Enjoy the privacy of country-style living while remaining conveniently close to schools, shopping, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,371 | 1,983 |
| Lot Size | 20,600 | 7,000 |
| Price | $999.0K | $1.16M |
| Price per sq ft | $421 | $533 |
| Built year | 1983 | 1997 |
| HOA | $0 | $202 |
| Days on market | 7 | 44 |
Jul 15, 2026
$999,000
Initial Listing
Mar 7, 2025
$1,250,000
Public Record
Aug 7, 2024
$1,150,000
Public Record