7841 Rosanna Street, Gilroy, California 95020, Gilroy, 95020 - 5 bed, 3 bath
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Gilroy, California 95020
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $1,059,000—positioned well below the $1,036,277 Fair Market Value by -2%. Featuring R-3 Zoning and a generous 8,850 sqft lot, the property offers significant development upside. While the home maintains a Condition Rating of 4, its versatile floor plan with two primary suites provides immediate utility. This asset is ideal for Buy-and-Hold Investors seeking high-density potential or Owner-Occupants looking to leverage the property's expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7841 Rosanna Street Subject | $1,059,000* List Price | 5 | 3 | 2,411 | $430 | - |
A 408 La Sierra Way Sold | $1,199,000 | 3 | 3 | 2,458 | $488 | 0.2 mi |
B 7290 Orchard Drive Sold | $1,085,000 | 5 | 3 | 2,632 | $412 | 0.8 mi |
C 7609 Santa Paula Drive Sold | $1,125,000 | 5 | 3 | 3,015 | $373 | 0.9 mi |
D 440 W 7th Street Sold | $760,000 | 3 | 2 | 1,682 | $452 | 0.7 mi |
E 7390 Miller Avenue Active | $999,999 List Price | 5 | 3 | 2,530 | $395 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Although built in 1900 and meticulously maintained, the home features renovations (kitchen and baths) that appear to be 25-30 years old. The oak cabinetry, tile work, and ceiling panels are functional but significantly dated, fitting the criteria for a property over 20 years from its last major update needing modernization.
The property is zoned R-3 on a generous 8,850 sqft lot, offering significant opportunities for high-density development or the addition of multiple units.
The home includes an outright owned solar system, providing immediate value and long-term utility cost savings for the homeowner.
With two primary suites—one conveniently located on the ground floor—the layout is perfectly suited for multi-generational living or hosting guests.
Built in 1900, the property's age may necessitate significant investments in updating older electrical, plumbing, or structural systems to meet modern building codes.
The expansive attic space is not included in the official square footage, which may lead to appraisal challenges or require additional permitting to convert into recognized living area.
One-of-a-Kind Gem--First Time on the Market in Over 30 Years! 5 bedroom, 3 full baths. Zoned R-3 so the possibilities are limitless! Outright owned solar included! Don't let the age fool you. This lovingly maintained home has been meticulously cared for and is ready for its next owners! Featuring a spacious family room with a cozy fireplace, an ample kitchen, and two separate dining areas, there's plenty of room for everyday living and entertaining. The home offers two primary suites, including one conveniently located downstairs with a full bathroom and another upstairs featuring a private deck perfect for enjoying your morning coffee or evening relaxation. Upstairs, you'll also find an expansive attic space that is not included in the home's square footage, offering exceptional storage or potential for future use. Step outside to a generously sized backyard with ample space for gardening, entertaining, or simply unwinding. The property also includes three storage sheds, providing abundant storage for tools, hobbies, or outdoor equipment. Located just a hop, skip, and jump to downtown, this unique property offers charm, space, and endless possibilities. Come see it today, it won't last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,411 | 1,983 |
| Lot Size | 8,850 | 7,000 |
| Price | $1.06M | $1.16M |
| Price per sq ft | $439 | $533 |
| Built year | 1900 | 1997 |
| HOA | $0 | $202 |
| Days on market | 35 | 44 |
Jun 17, 2026
$1,059,000
Initial Listing
Mar 17, 1994
$215,000
Public Record