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2160 Pacheco Pass Highway, Gilroy, California 95020, Gilroy, 95020 - 2 bed, 1 bath

2160 Pacheco Pass Highway, Gilroy, California 95020 home-pic-0
ACTIVE$400,000
2160 Pacheco Pass Highway, Gilroy, California 95020
2Beds
1Bath
318Sqft
2,568Lot
Year Built
1935
Close
-
List price
$400K
Original List price
$475K
Price/Sqft
$1,258
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012723
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $400.0K(1th), sqft - 318(1th), beds - 2(5th), baths - 1(2th).

Opportunity knocks in Gilroy! This multi-structure property is perfect for investors, contractors, or buyers looking for a fixer with incredible potential. The original, single-story home includes a compact kitchen, living area, a full bathroom, and an unfinished basement - all in need of renovation. A separate, detached, unpermitted living unit features a quaint kitchen, cozy living room, breakfast nook, one downstairs bedroom, and two attic-style rooms upstairs. This unit was built without a permanent foundation and currently rests on wood supports - bring your vision and contractor to explore retrofit options. In addition, you will also find a detached laundry room and a detached 3-car garage (garage space is unpermitted). This property is located in an area with convenient access to shopping, dining, and Highway 101. With vision and renovation, this could be a great investment or multi-use property. Property is being sold as-is and requires significant work. Buyer to verify all square footage, permits, and potential uses.

Price History

Date
Event
Price
09/14/25
Price Change
$400,000-5.9%
08/20/25
Price Change
$425,000-10.5%
06/27/25
Listing
$475,000
Condition Rating
Poor
Built in 1935, this property is explicitly described as a 'fixer' requiring 'significant work' and being sold 'as-is.' The images confirm this, showing a very dated kitchen with tile countertops and older appliances (except for a newer refrigerator), and a bathroom with visible water damage, peeling paint, and outdated fixtures. Critically, the listing mentions an unpermitted living unit built without a permanent foundation, resting on wood supports, indicating major structural and safety defects. The overall condition points to substantial repairs and rehabilitation needed across all structures.
Pros & Cons

Pros

High Investment Potential: Explicitly marketed as an 'opportunity' for investors, contractors, or buyers seeking a fixer, with 'incredible potential' for value appreciation and multi-use possibilities post-renovation.
Multi-Structure Layout: The property includes an original home, a separate detached living unit, a detached laundry room, and a detached 3-car garage, offering versatile use cases such as multi-generational living, potential rental income, or extensive workshop/storage space.
Convenient Accessibility: Located with 'convenient access to shopping, dining, and Highway 101,' enhancing daily living and commute options for future occupants.
Significant Garage Space: A detached 3-car garage provides ample parking, storage, or potential workshop area, which is a valuable asset for many buyers despite its unpermitted status.
Recent Price Reduction: The property has seen multiple price reductions from $475,000 to $400,000, indicating a motivated seller and potentially a more competitive entry point for a buyer willing to undertake renovations.

Cons

Extensive Renovation & 'As-Is' Condition: The property 'requires significant work' and is 'sold as-is,' implying substantial financial and time investment for a full renovation, with no seller contributions for repairs.
Unpermitted Structures & Structural Concerns: The detached living unit is 'unpermitted,' lacks a 'permanent foundation,' and rests on 'wood supports.' The 3-car garage is also 'unpermitted,' posing significant legal, structural, and financial challenges for compliance and safety.
Limited Permitted Living Space: The original single-story home is described as having a 'compact kitchen, living area, a full bathroom,' and the listed square footage is only 318 sqft, indicating very limited *permitted* and habitable living space.

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