7051 Eigleberry Street, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 2 bath
7051 Eigleberry Street
Gilroy, California 95020
Property Price
SUMMARY
Analysis of 7051 Eigleberry Street, Gilroy, California 95020 reveals a Fairly Priced Property with a current list price of $985,000 aligned with the estimated $971,797 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Gilroy Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7051 Eigleberry Street Subject | $985,000* List Price | 3 | 2 | 1,609 | $604 | - |
A 7335 Orchard Drive Sold | $1,025,000 | 4 | 2 | 2,014 | $509 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent a comprehensive top-to-bottom renovation in 2022, including all major systems such as the roof, HVAC, plumbing, and electrical, as well as interior finishes like the kitchen, bathrooms, and flooring. It meets the criteria for being extensively renovated within the last 5 years, presenting as a turnkey home with no deferred maintenance.
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 = 7450, living area = 1609.
- Comprehensive 2022 Renovation
The property underwent a complete top-to-bottom renovation in 2022, including a new roof, HVAC, plumbing, electrical, and windows, ensuring a turnkey experience with minimal immediate maintenance costs.
- Development Potential
Situated on an oversized lot with R3 zoning, the property offers significant upside for investors or developers to add additional units and increase density in a high-demand area near Silicon Valley.
CONSRISKS & DEFICIENCIES
- Incomplete Front Unit
The front unit currently lacks a kitchen, which may require additional capital investment and permitting to restore it to a fully functional, independent living space.
- Financing Challenges
Discrepancies between the MLS bedroom count and the description, combined with the missing kitchen in one unit, may complicate traditional residential appraisals and financing options.
About 7051 Eigleberry Street
Everything's new from 2022: roof, plumbing, electrical, HVAC, kitchen, bathrooms, windows, doors, flooring, paint. Total 5 bedrooms, 2 bathrooms. No surprises, no weekend projects, just monthly income from turnkey units. LARGE oversized lot with potential for additional units under R3 zoning, in Gilroy typically allows for multi-family development and higher density- verify with permitting dept. Property previously configured as two separate units with tenants and two separate exterior units. Currently tenant occupied in rear unit with kitchen. Front unit contains 2bdr/1bath, laundry hook ups (no kitchen) Close to Silicon Valley jobs without crazy commute or prices, near outlets, in a community that feels like home. Whether you're trying to own your first place or want solid cash flow, this is your shot. Stop watching from the sidelines, homes like this don't come around often in or near Silicon Valley!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,450 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 4.0 | 24% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,609 | 2,271.5 | 18% |
| Lot Size | 7,450 | 6,851 | 64% |
| Price | $985.0K | $1.12M | 32% |
| Price per sq ft | $612 | $518 | 80% |
| Built year | 1950 | 1998 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 173 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$985,000
$1,035,000
-5% Price Drop
Initial Listing
Price Change
Feb 3, 2026
$1,035,000
Initial Listing
Sold
Dec 16, 2021
$715,000
Public Record