1555 Hecker Pass Rd C101, Gilroy, California 95020, Gilroy, 95020 - 2 bed, 2 bath
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1555 Hecker Pass Rd C101
Gilroy, California 95020
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,136Sq Ft
1,064Lot Size
Property Price
LIST PRICE$470,000
EST. MARKET VALUE
$515,000
8% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $515,000—positioned well below the $598,002 Fair Market Value by 13%. This valuation gap offers $83,002 in Instant Equity for buyers. While the home has a Poor Condition Rating due to its 1985 vintage and dated finishes, the inclusion of a private patio and proximity to top-rated schools like Las Animas Elementary provide a solid foundation. This is a high-potential acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Estimated Market Value
$515,000+$45,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Gilroy.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1985 (39 years old), placing it in the 'Poor' age bracket. While it has fresh interior paint, the kitchen remains dated with 1980s-style white tile countertops and older appliances. The exterior wood shingle siding shows significant weathering and age-related wear, indicating a need for comprehensive updates beyond cosmetic painting.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The residence features fresh interior paint and updated styling, providing a bright and welcoming environment that allows for immediate occupancy without the need for initial renovations.
- Competitive Market Value
Listed at $515,000, the property is priced below its previous sale price of $545,000, offering a compelling entry point for the Gilroy real estate market.
- Functional Living Space
The 1,136 sqft layout is thoughtfully designed with two bedrooms, two bathrooms, and a central fireplace, balancing comfort with practical daily utility.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-04-24. The sold price is $515,000.00. The property was recently sold within the past year on 2025-09-02. The sold price is $545,000.00.
- High Association Fees
The monthly HOA fee of $694 is relatively high, which significantly increases the total monthly carrying cost for potential homeowners.
- Property Age
Constructed in 1985, the building may require more frequent maintenance or future assessments compared to newer developments in the area.
About 1555 Hecker Pass Rd C101
Experience 1555 Hecker Pass Rd, a residence recently enhanced with fresh interior paint that establishes a bright and welcoming living environment. The interior provides a comfortable setting, featuring a central fireplace that serves as a focal point for warmth and daily comfort. Thoughtful design elements contribute to practical living, making this dwelling suitable for various activities and routines. Don't miss the updated style and enduring comfort here.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 1,064 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $694.0 / Month
Neighborhood Insights
Gilroy Unified Schools
Luigi Aprea Elementary School
Grades K-5 • 0.8 mi
6/10
Las Animas Elementary School
Grades K-5 • 2.0 mi
7/10
Solorsano Middle School
Grades 6-8 • 1.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,136 | 1,164 |
| Lot Size | 1,064 | 1,706 |
| Price | $470.0K | $592.8K |
| Price per sq ft | $414 | $453 |
| Built year | 1985 | 1983 |
| HOA | $694.0 | $362 |
| Days on market | 44 | 49 |
Pricing History
Listed for Sale
Sep 3, 2026
$470,000
$480,000
-2% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$480,000
$495,000
-3% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$495,000
$515,000
-4% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$515,000
Initial Listing
Sold
Apr 24, 2026
$515,000
Public Record
Sold
Sep 2, 2025
$545,000
Public Record