194 4th Street, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 4 bath
194 4th Street
Gilroy, California 95020
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 194 4th Street Subject | $1,199,888* List Price | 4 | 4 | 2,264 | $499 | - |
A 819 Cumberland Drive Sold | $1,105,000 | 5 | 3 | 2,632 | $420 | 0.6 mi |
B 7335 Orchard Drive Sold | $1,025,000 | 4 | 2 | 2,014 | $509 | 0.6 mi |
C 7310 Orchard Drive Sold | $1,065,000 | 4 | 2 | 1,835 | $580 | 0.6 mi |
D 750 W 9th Street Active Under Contract | $1,039,000 List Price | 4 | 3 | 2,059 | $505 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1900, the property has undergone a full, extensive, and recent renovation as described, featuring 'jaw dropping kitchens, bathrooms, and luxury finishes throughout.' The images confirm modern, high-end updates in the bathrooms (freestanding tubs, glass showers, contemporary tiling, new vanities, and fixtures) and living areas (new LVP flooring, recessed lighting, modern ceiling fans, mini-split AC units). All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
The property features two fully remodeled units, offering significant potential for rental income (estimated $3200-$3600 per unit) to offset a mortgage or provide cash flow for investors.
- Prime Downtown Location
Strategically located one block from trendy downtown Gilroy, providing excellent walkability to shops, restaurants, parks, and minutes away from the famous Outlets.
- Extensive Modern Remodel
Both units boast open concept layouts with 'jaw dropping' kitchens, bathrooms, and luxury finishes throughout, making them move-in ready with high aesthetic appeal.
CONSRISKS & DEFICIENCIES
- Age of Original Structure
Built in 1900, despite extensive remodels, the underlying older infrastructure may present unforeseen maintenance challenges or require specialized upkeep over time.
- Limited Visuals for Second Unit
The description explicitly states 'Photos are of Unit A only,' creating an information gap and potential uncertainty regarding the exact condition and finishes of Unit B.
- Shared Living Considerations
As a duplex, even with separate units, potential buyers should consider aspects of shared property, noise transfer, or tenant management if planning to owner-occupy one unit.
About 194 4th Street
Rare Victorian single story home with two fully remodeled units walking distance to downtown! Both units A & B are included with the sale and are 1,132 sqft each with a large backyard space. Open concept layout with jaw dropping kitchens, bathrooms, and luxury finishes throughout! Live in one while renting out the second unit to offset your mortgage, or enjoy the additional space with enough room for growing families! One block away from the trendy downtown Gilroy, walking distance to shops, restaurants, parks and minutes away from the famous Outlets for anyone that enjoys shopping! Unicorn properties like these offer tons of potential for anyone looking to grow equity or add cash flow to your current portfolio. Complete hidden gem, move-in ready with market potential to rent out at $3200-$3600 per unit in a neighborhood that is constantly evolving! Not a property you want to miss. Photos are of Unit A only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1900
- Lot Size
- 7,777 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 76% |
| Square foot | 2,264 | 2,271.5 | 49% |
| Lot Size | 7,777 | 6,851 | 72% |
| Price | $1.20M | $1.14M | 57% |
| Price per sq ft | $530 | $518 | 55% |
| Built year | 1900 | 1998 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 173 | 1% |
Pricing History
Listed for Sale
Feb 9, 2026
$1,199,888
Initial Listing
Sold
Nov 25, 1997
$139,000
Public Record