Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Jimmy Castellanos, DRE #02024152 • Marcus & Millichap

$2,475,000

Est. payment - /mo

1 Bed

1 Bath

8,336 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,336 sqft

Price per Sqft $296

MLS Listing ID ML82062240

Bedrooms 1

Full Baths 1

Year Built 1965

Lot Size 0.505 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

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 Morgan Hill / Gilroy / San Martin

Zoning R3

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Washer / Dryer

Exterior

Parking Features Carport , Uncovered Parking

Garage Spaces 7.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 808-10-035

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker License ID: 00851314

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1180 Driftwood TER Gilroy, CA 95020

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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