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Sold for $1,200,000 on 02/06/25
  • $1,200,000

    7240 East St, Gilroy, CA 95020

    --beds
    --baths
    3,058sqft
    Quadruplex,
    Built in 1964
    -- sqft lot
    $1,175,400 Zestimate®
    $392/sqft
    $2,542 Estimated rent

    What's special

    Incredible Investment Opportunity! This property features four units, each with 2 bedrooms and 1 bathroom, offering comfortable and convenient living spaces. With all units currently occupied and in high demand, this property presents an excellent investment prospect. Each unit is equipped with its own electric and gas meter. The property offers a convenient location just a short drive from shopping, restaurants, and essential amenities. Rents are at below-market rents. Market rent is between $2,100 to $2,300 monthly for each unit. With exceptional potential and great upside, this property is not to be missed. Drive-by viewings are welcome, but kindly respect the privacy of the tenants, and refrain from disturbing them. Back on market. No fault of seller. Huge price Improvement!!!

    Zillow last checked: 7 hours ago

    Listing updated: February 07, 2025 at 08:04am

    Listed by:

    Jenny Huang 01362454 408-203-1128,

    Coldwell Banker Realty

    Bought with:

    Jenny Huang, 01362454

    Coldwell Banker Realty

    Source: MLSListings Inc,MLS#: ML81972824MLS Logo

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Coin Operated
    Features
    • Flooring: Carpet, Laminate, Vinyl Linoleum
    Interior area
    • Total structure area: 3,058
    • Total interior livable area: 3,058 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: No Garage, On Street, Parking Area
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Stories: 2
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: 84110006
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex,
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1964

    Utilities & green energy

    • Gas: IndividualGasMeters, NaturalGas, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & neighborhood

    Location
    • Region: Gilroy

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    Services availability
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    Estimated market value

    $1,175,400