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$2,475,000
Est. payment /mo
0.51 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82062240
HOA Y/N No
Year Built 1965
Annual Tax Amount $30,063
Lot Size 0.505 Acres
Property Description
1180 Driftwood Terrace, an 11-unit multifamily investment opportunity located in Gilroy, California. Held by the same family since 1986, the property reflects nearly four decades of consistent, hands-on ownership a rare tenure that has preserved the asset's character while providing the operational continuity today's investors look for. Situated on an approximately 22,000-square-foot lot with 8,336 square feet of building area, 1180 Driftwood Terrace has been well maintained throughout its ownership history, offering an incoming buyer a proven income-producing asset with a stable operating foundation and clear runway for additional upside.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 11
Roof Type Composition,Shingle
Total Parking Spaces 7
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Gilroy
School District Gilroy Unified
Others
Tax ID 80810035
Special Listing Condition Standard
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Listed by Jimmy Castellanos Marcus & Millichap #02024152
NEARBY SCHOOL & BUSINESS
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