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Jenn Smart

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611 E 7th St , Gilroy, CA 95020
$8,550,000
Est. Payment: $19,000.00/mo
24573 Sqft
1.9 Acres
Status: pending | Days on site: 3
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ML35540 - ML161049
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House Description

Located in Gilroy, Property is composed of 5 buildings and a large area of land behind the units*All downstairs units have a yard area. There is laminate flooring throughout. The kitchens is equipped with an electric oven range, exhaust fan, hood over the range, and a refrigerator, providing essential appliances for meal preparation. Laundry facilities are coin operated, adding convenience for residents. Cooling is provided by ceiling fans, and heating is managed by electric and wall furnace units. The home includes double pane windows for energy efficiency. There is a two-car garage available for parking and storage. Total parking is 61 spaces, 31 in carport*1.9 acres of lot size*Great unit mix, 2 three bedrooms, 6 one bedroom and 24 two bedroom units*Units are professionally managed*Please note Cap rate!!Conveniently located to Gilroy Outlets, Costco Wholesale, Walmart, and Cal Train Gilroy Station*Just down the street from Eliot Elementary which makes this a great convenience for tenants*

Highlights

Listed by Tom Antonopoulos , 408-391-9546 Real Property Investments , 408-391-9546. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
1.9

Year Built

1966

County

Santa Clara

Area

699 - Not Defined

School District

Gilroy Unified

Listing ID

ML82065755

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:28
Zoning:R3
Roof:Composition
Principal Interest
$19,000
Taxes
$8,655

Home Price

$8,550,000

Loan Details

30 yrs
0%

Down Payment

20%
$1,710,000
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Monthly Price:
$19,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,000.00 $8,654.67 $0.00 $27,654.67
Yearly $228,000.00 $103,856.00 $0.00 $331,856.00
Total $6,840,000.00 $3,115,680.00 $0.00 $9,955,680.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Gilroy, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T03:37:04.000Z

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