833 Welburn Avenue, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 2 bath
Loading property details...
Gilroy, California 95020
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $898,888—positioned well above the $879,412 Fair Market Value by -2%. While currently priced slightly above market, the property features a Condition Rating of 3, offering move-in readiness with recent kitchen and cosmetic upgrades. The expansive 8,700 sqft lot provides significant ADU Potential and RV/Boat Storage, creating a unique value-add proposition. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, single-level layout with long-term development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 833 Welburn Avenue Subject | $898,888* List Price | 4 | 2 | 1,209 | $727 | - |
A 8440 Diane Ct Sold | $866,000 | 4 | 2 | 1,358 | $638 | 0.4 mi |
B 1321 Fernwood Lane Sold | $915,000 | 4 | 2 | 1,657 | $552 | 0.8 mi |
C 925 Blake Court Sold | $900,000 | 3 | 2 | 1,304 | $690 | 1.0 mi |
D 7669 Santa Inez Court Sold | $950,888 | 4 | 2 | 1,570 | $606 | 0.7 mi |
E 1392 Mantelli Drive Sold | $925,000 | 4 | 2 | 1,350 | $685 | 0.8 mi |
F 1140 Valbusa Sold | $989,000 | 3 | 2 | 1,212 | $816 | 0.9 mi |
G 8545 Ousley Drive Pending | $918,800 List Price | 3 | 2 | 1,285 | $715 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1976 but shows clear evidence of being well-maintained and move-in ready. The kitchen has been updated with stone countertops and newer stainless steel appliances (new stove/microwave). The home features fresh interior and exterior paint, updated laminate flooring, and a functional HVAC system. While the cabinetry and some fixtures are dated, the overall condition exceeds the 'Fair' threshold due to recent cosmetic and appliance upgrades.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8700, living area = 1209.
The generous 8,700 sqft lot features a large, secluded backyard with side-access for RV/boat storage and significant potential for an ADU, offering excellent value-add or rental income opportunities.
The property serves as a private refuge with a custom built-in grill, mature landscaping, and a deck that seamlessly connects the kitchen to the oversized yard for indoor-outdoor living.
With only 1,209 sqft to accommodate four bedrooms, the individual room sizes and common living areas may feel cramped or undersized for larger households.
The property has experienced 77 days on market and required a $50,000 price reduction, suggesting that the initial pricing may have been high relative to its size or condition.
Price Reduction and time to make this Gilroy home your private refuge! Enjoy coffee in the large, secluded backyard or host BBQs and gatherings with easy access from both sides of the house. One side offers possible RV/boat storage. The lot has ADU potential for extra space or rental income. Freshly painted and special landscape features. This single-story, 4 bedroom home (fourth bedroom staged as an office) features a bright kitchen with a new gas stove and microwave, a refrigerator and dishwasher, plus abundant storage in the pantry and lots of natural light. From the kitchen step onto the deck for casual entertaining; the oversized, level yard has sun, shade, mature trees, and blooming rose bushes with a custom built-in grill (metal grill pieces are excluded). In the two car freshly painted garage is the laundry, gas water heater and heater. The washer/dryer is excluded. Located in a quiet neighborhood near parks, schools, and commuter routes ideal for single-level living and outdoor enjoyment.
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 | 37% |
| Square foot | 1,209 | 2,150 | 5% |
| Lot Size | 8,700 | 6,930 | 75% |
| Price | $898.9K | $1.12M | 18% |
| Price per sq ft | $743 | $530 | 92% |
| Built year | 1976 | 1997 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 123 | 12% |
May 3, 2026
$898,888
$948,888
-5% Price Drop
Initial Listing
Apr 6, 2026
$948,888
Initial Listing
Jun 29, 2018
$700,000
Public Record
Oct 24, 1997
$198,000
Public Record
Jan 4, 1995
$159,000
Public Record