7310 Carmel Street, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 2 bath

7310 Carmel Street, Gilroy, California 95020 home-pic-0
ACTIVE$980,000
7310 Carmel Street, Gilroy, California 95020
3Beds
2Baths
1,900Sqft
9,100Lot
Year Built
1952
Close
-
List price
$980K
Original List price
$1.03M
Price/Sqft
$516
HOA
-
Days on market
-
Sold On
-
MLS number
ML82009256
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,6 Pros. Rank: price - $980.0K(27th), sqft - 1900(29th), beds - 3(26th), baths - 2(27th).

Corner lot , Quiet neighborhood. 5 or 6 cars garages plus shop /garage. alley with rollup door allow drive thru! Ideal for contractors. or cars storage. Can convert garages into dance studio or meeting room. Built-in BBQ pit in backyard. Do not disturb tenant!!! Please just drive by only!

Price History

Date
Event
Price
12/05/25
Price Change
$980,000-0.9%
08/22/25
Price Change
$988,888-4.0%
06/01/25
Listing
$1,030,000
Condition Rating
Poor

Built in 1952, this property is over 70 years old with no indication of significant renovations. The absence of interior images and the 'drive by only' instruction strongly suggest the interior, including the kitchen and bathrooms, is severely outdated and requires substantial repairs and rehabilitation. Major systems (electrical, plumbing, HVAC) are likely original or very old, necessitating significant modernization to meet current standards and comfort.
Pros & Cons

Pros

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 = 9100, living area = 1900.
Exceptional Garage & Storage Capacity: The property boasts extensive garage space, accommodating 5 to 6 cars plus an additional shop/garage, with an alley and roll-up door for drive-thru access, making it ideal for contractors, car enthusiasts, or significant storage needs.
Versatile Space Potential: The large garage areas offer significant conversion potential, suitable for a dance studio, meeting room, or other creative uses, adding flexibility and value to the property.
Desirable Lot & Neighborhood: Located on a corner lot in a quiet neighborhood, providing enhanced privacy, curb appeal, and a peaceful living environment.
Outdoor Entertainment Amenity: A built-in BBQ pit in the backyard enhances the outdoor living experience, perfect for entertaining and family gatherings.
Motivated Seller / Price Reduction: The property has seen multiple price reductions from its original list price of $1,030,000 down to $980,000, indicating a motivated seller and potential for a competitive offer.

Cons

Severely Restricted Access: The instruction 'Do not disturb tenant!!! Please just drive by only!' severely limits buyer access for interior showings and inspections, creating a significant hurdle for potential buyers to fully evaluate the property.
Age of Property: Built in 1952, the home is over 70 years old, which may imply a need for significant updates to systems, finishes, and overall modernization to meet contemporary buyer expectations.
Tenant Occupancy Complications: The presence of a tenant complicates the sales process, potentially affecting closing timelines, property condition, and the ability for a buyer to move in immediately post-closing.

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