395 E 8th Street, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 3 bath
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395 E 8th Street
Gilroy, California 95020
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,822Sq Ft
8,000Lot Size
Property Price
LIST PRICE$1,239,900
EST. MARKET VALUE
$1,151,728
7% AboveMARKET VALUE
SUMMARY
This Dual-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $1,239,900—positioned above the $1,151,729 Fair Market Value. Built in 2018, this property maintains an Excellent Condition Rating, featuring an open floor concept, Granite Kitchen, and a private Patio. The configuration of a 3-bedroom main home and 1-bedroom ADU provides significant versatility for rental income or multigenerational living. Located minutes from HWY 101 and Caltrain, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, income-generating property in a strategic commuter location.
Estimated Market Value
$1,151,728
Based on Realkey algorithm analyzing recent comparable sales in Gilroy.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 395 E 8th Street Subject | $1,239,900* List Price | 4 | 3 | 1,822 | $632 | - |
A 6535 Kings Place Sold | $1,018,000 | 4 | 2 | 1,838 | $554 | 0.9 mi |
B 7221 Forest Street Active | $1,150,000 List Price | 6 | 2 | 1,732 | $664 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old, meeting the criteria for excellent condition. The listing describes modern features including granite countertops and an open floor concept, while the exterior image shows a well-maintained structure with contemporary systems and no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 1822.
- Dual-Unit Configuration
The property features two freestanding homes—a 3-bedroom main house and a 1-bedroom ADU—providing exceptional versatility for rental income, multigenerational living, or an owner-user setup.
- Modern Construction & Design
Built in 2018, both homes offer contemporary open-floor concepts, granite countertops, and updated systems, significantly reducing the need for immediate capital improvements or repairs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1822, other record living area = 1280. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Tenant Occupancy
Both units are currently occupied by tenants, which may present logistical challenges for buyers seeking immediate possession or those looking to adjust rents to current market rates.
- Limited Private Yard Space
With two separate dwellings and four onsite parking spaces on an 8,000-square-foot lot, the outdoor areas are divided and functional but lack the expansive yard space typical of traditional single-family homes.
About 395 E 8th Street
Two homes. One property. Endless possibilities. This property is 8,000 square feet and features two freestanding homes, private outdoor spaces and four onsite parking spaces just moments from HWY 101. The configuration includes a 3-bedroom, 2 bath, two car garage main home along with a separate 1-bedroom, 1 bath ADU. Both homes are currently tenant occupied. The homes were built with an open floor concept; spacious kitchen features abundant cabinetry and granite countertops. Both homes have their own washer and dryer space. The main home offers direct access from the dining area to a covered pergola, creating an additional extension of the living space. The ADU includes its own private backyard patio, fully fenced. With two separate homes the property offers numerous possibilities for an investor, an owner-user or a multigenerational household. The homes are conveniently located to most amenities a human requires; coffee shops, restaurants, shopping, nearby outdoor spaces, Caltrain and as mentioned before literally minutes away from HWY 101 access, North and South.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 8,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,822 | 2,212.338 |
| Lot Size | 8,000 | 6,777.206 |
| Price | $1.24M | $1.13M |
| Price per sq ft | $681 | $535 |
| Built year | 2018 | 2000 |
| HOA | $0 | $189 |
| Days on market | 6 | 51 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,239,900
Initial Listing
Sold
Mar 30, 2016
$175,000
Public Record