191 Eigleberry Street Apartments, an eight-unit multifamily investment property located in the heart of Gilroy, California. Built in 1980, this well-maintained community presents a rare value-add opportunity in a low-vacancy, supply-constrained submarket of South Santa Clara County. With stable in-place income and significant upside through continued upgrades, the property offers strong fundamentals for both yield-focused and long-term investors. The unit mix includes six large two-bedroom, one-and-a-half-bath townhouse-style units approximately 1,000 square feet each and two one-bedroom, one-bath flat-style units approximately 700 square feet each (Buyer to verify Sqft). The townhouse-style layouts provide tenants with a desirable, home-like feel and enhanced privacy. Constructed with a durable stucco exterior and partial wood siding, the single building features a pitched composition shingle roof, partial dual-pane windows, and individual water heaters for tenant-controlled utility usage. On-site amenities include a laundry facility, and a mix of single car garages, tuck-under, and reserved parkinga rare advantage in a dense rental market.
Active
$3,000,000
7191 Eigleberry St, Gilroy, CA 95020
14beds
6,992sqft
Est.:
5 or More Units
Built in 1980
-- sqft lot
$2,797,500 Zestimate®
$429/sqft
$-- HOA
What's special
Townhouse-style layoutsPitched composition shingle roofDurable stucco exteriorPartial dual-pane windows
- 50 days
- on Zillow |
- 322 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 10:24am
Listed by:
DRE #02011269 916-937-0012,
Mejia Realty Group-Luis Mejia
Source: MetroList Services of CA,MLS#: 225082768Originating MLS: MetroList Services, Inc.
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), Wall Unit(s)
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 6,992 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Garage
- Garage spaces: 5
Features
- Stories: 2
Lot
- Size: 0.28 Acres
Details
- Parcel number: 79910051
- Zoning description: DSP-T
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco, Wood Siding
Condition
- Year built: 1980
Community & HOA
Location
- Region: Gilroy
Financial & listing details
- Price per square foot: $429/sqft
- Tax assessed value: $1,914,704
- Annual tax amount: $23,745
- Price range: $3M - $3M
- Date on market: 6/20/2025
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