7621 Hanna Street, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 2 bath
Loading property details...
Gilroy, California 95020
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned above the $1,006,709 Fair Market Value. While the price reflects a premium, the 9,800 sq. ft. lot and Alley Access provide significant development upside for ADU construction. Featuring a Condition Rating of 4, this vintage 1922 home requires modernization but offers a rare canvas for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the property's unique zoning potential and historic character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7621 Hanna Street Subject | $1,099,000* List Price | 4 | 2 | 1,905 | $528 | - |
A 7685 Los Padres Court Sold | $1,050,000 | 4 | 2 | 1,839 | $571 | 0.7 mi |
B 8440 Diane Ct Sold | $866,000 | 4 | 2 | 1,358 | $638 | 0.8 mi |
C 7680 Santa Paula Drive Sold | $1,020,000 | 4 | 2 | 1,893 | $539 | 0.8 mi |
D 751 W 6th Street Sold | $963,000 | 3 | 2 | 1,663 | $579 | 0.4 mi |
E 7669 Santa Inez Court Sold | $950,888 | 4 | 2 | 1,570 | $606 | 0.9 mi |
F 7660 Carmel Street Pending | $850,000 List Price | 4 | 3 | 2,100 | $405 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, this property is a well-maintained 'livable fixer.' While it features some updates like granite countertops and newer Milgard windows, the overall interior—including oak cabinetry and carpeting—appears to be from a renovation 20+ years ago. The basement reveals older mechanical systems and a water heater that will likely require modernization soon, fitting the criteria for a dated home needing minor repairs and updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9800, living area = 1905.
The oversized 9,800 sq. ft. lot with rear alley access provides a rare opportunity for multiple ADUs, a large workshop, or multi-generational housing configurations.
Built in 1922, the home features timeless architectural details including original hardwood floors, crown molding, and a rare basement, offering a solid foundation for a high-value restoration.
The home is positioned as a 'DIYer opportunity,' implying that significant investment and labor are required to modernize the interior and uncover its full potential.
Due to its 1922 construction, the property likely contains aging systems and vintage windows that may require costly upgrades to meet modern energy efficiency and safety standards.
Historic Charm Meets Endless Possibilities! Fall in love with this Craftsman-style home that perfectly blends vintage character with incredible growth potential. This vintage 4 bedroom 2 bath home sits on a premier 9800 sq. ft. lot. Original hardwood floors are waiting to be uncovered beneath much of the carpeting. Granite counters in the kitchen, crown molding throughout, AC, vintage windows, newer Milgard double pane windows, large side/rear yard perfect for entertaining with a covered patio, outdoor fireplace, sink and small BBQ. And an added bonus of a large basement/cellar. Are you a DIYer? This is a perfect opportunity to update a vintage gem while still being able to occupy. Explore the possibilities of multiple ADU's that provide income or provide multi generational housing. Alley behind property provides private access to possible ADU's. Create you dream workshop! The property has alley access in the back to provide an alternative option to the existing detached garage or future ADU's. This unique and special property offers a rare canvas to create your dream property. Buyer to verify square footage and City of Gilroy for ADU consideration.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,905 | 2,190.5 | 40% |
| Lot Size | 9,800 | 6,935.5 | 76% |
| Price | $1.10M | $1.16M | 42% |
| Price per sq ft | $577 | $528 | 63% |
| Built year | 1922 | 1997 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 119 | 3% |
May 8, 2026
$1,099,000
Initial Listing
Jul 18, 2014
$350,000
Public Record