775 Williamsburg Way C, Gilroy, California 95020, Gilroy, 95020 - 1 bed, 1 bath
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Gilroy, California 95020
This property represents a High-Potential Investment Opportunity, listed at a List Price of $490,000—positioned well above the $358,918 Fair Market Value by -36%. With a Condition Rating of 5, the unit requires a full interior rehab to modernize its 1985 infrastructure. The 921 sqft floor plan and proximity to Gilroy High School provide a solid foundation for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive modernization strategy to maximize rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 775 Williamsburg Way C Subject | $490,000* List Price | 1 | 1 | 921 | $390 | - |
A 771 Williamsburg Way B Active | $427,000 List Price | 1 | 1 | 921 | $464 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985, the property is 41 years old, which falls into the 'poor' category (>30y) based on the provided criteria. The exterior photo shows significant weathering and aging on the wooden balcony and stair structures, suggesting that the interior systems, kitchen, and baths are likely original and in need of a full rehab.
The property is exceptionally well-located for school access, situated just 0.09 miles from Gilroy High School and within a short distance of elementary and middle schools.
With 921 square feet of living space, this one-bedroom unit offers a significantly larger footprint than standard condos in this category, providing ample room for a home office or spacious living area.
Priced at $490,000, this residence represents an affordable entry point into the Santa Clara County real estate market, making it an attractive option for first-time buyers or investors.
The one-bedroom configuration restricts the potential buyer pool to singles or couples, which may result in a longer resale period compared to multi-bedroom units.
Built in 1985, the property is nearly 40 years old and may require updates to original systems or more frequent maintenance compared to newer residential developments.
Exceptional opportunity in Gilroy. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 921 | 1,215.5 | 33% |
| Lot Size | - | - | 50% |
| Price | $490.0K | $582.5K | 33% |
| Price per sq ft | $532 | $479 | 67% |
| Built year | 1985 | 1985 | 50% |
| HOA | $365.0 | $380 | 50% |
| Days on market | 11 | 129 | 17% |
Jun 3, 2026
$490,000
Initial Listing
May 11, 2020
$45,000
Public Record
Jul 22, 2016
$333,000
Public Record
Oct 15, 2009
$195,000
Public Record
Nov 20, 1998
$147,500
Public Record
Jun 26, 1998
$144,000
Public Record
Feb 21, 1995
$105,000
Public Record