
Gilroy, California 95020
Bring your vision to Gilroy! This remarkable investment features two APN (841-07-064 & 841-07-065) totaling 53,000 + square feet. This multi-use property is being sold completely As-Is. Yet, presents an exceptional development opportunity near Gilroy's vibrant downtown. The property is an original, single-story fixer-upper that features a compact kitchen, a living area, a full bathroom, two bedrooms, an unfinished basement, and a separate laundry room; all in need of renovation. Buyers should bring their vision and a contractor to explore options. For builders and developers, these expansive parcels offer incredible flexibility to maximize value. Potential residential uses range from a custom single-family home to a multi-unit development project. Its central location ensures strong long-term appeal, placing it near schools, shopping, dining, and major commuter routes like Highway 101 for easy access to Silicon Valley. With its size, zoning, and location in a market defined by steady housing demand and continued growth, this parcel represents a rare chance to build, develop, or hold as a profitable, long-term land investment. The buyer is to verify all square footage, utility connections, permits, zoning, and potential uses.
Property is land value only, full reconstruction required.
Built in 1890 with no recorded renovations, this property is well over 50 years old. The listing explicitly markets it as an 'As-Is' fixer-upper and a development opportunity focused on land value, stating that the entire structure is in need of renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53803, living area = 987.
The property includes two separate APNs totaling over 53,000 square feet, providing a rare and significant footprint for a custom estate or a multi-unit residential project.
Positioned near Gilroy's vibrant downtown and Highway 101, the site offers excellent accessibility for Silicon Valley commuters and proximity to local shopping and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =53803, other record lot size in square feet = 30927.
The existing 1890s home is a complete fixer-upper sold in 'as-is' condition, necessitating a total renovation or demolition before the land can be fully utilized.
Prospective buyers must navigate the verification of utility connections, zoning permits, and square footage for two parcels, which may involve significant time and cost.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.8 |
| Square foot | 987 | 2,196.322 |
| Lot Size | 53,803 | 6,856.437 |
| Price | $899.0K | $1.13M |
| Price per sq ft | $911 | $537 |
| Built year | 1890 | 1995 |
| HOA | $0 | $175 |
| Days on market | 38 | 51 |
Sep 16, 2026
$899,000
Initial Listing