870 El Cerrito Way

Gilroy, CA 95020
  • $1,650,000

    Price
  • 4

    Bed
  • 0

    Bath
  • 1,825

    SqFt

About the Listing 62654 - 01998926

SVN | First Guardian Group, as the exclusive advisor, is pleased to offer for sale 870 El Cerrito Way, a five-unit multifamily property located in Gilroy, California The property is comprised of 5 residential units, 3 two-bedroom/one-half bath units, and 2 two-bedroom/one bath units. The building's area is 4,650 square feet and is situated on a large 9,996 square foot lot. The property provides the buyer an excellent value-add opportunity to bring the rents up to market and add modern amenities to the building. PROPERTY HIGHLIGHTS: Value-add opportunity rents approximately 20% below market (no rent control); Ideal unit-mix; Currently, there is no on-site laundry; Ratio Utility Bills System (RUBS) may be applied to water, gas, and trash expenses; Located near many amenities such as Nobhill Foods, Starbucks, Safeway, and CVS; 32-miles from Downtown San Jose, where many technology companies are expanding.

Listing Highlights for 870 El Cerrito Way

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® 52173703
Year Built 1971
Total Square Footage 1,825
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 4
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Zoning: R3
  • Roof: Composition Shingles
  • Others:
  • Sewer: Sewer System - Public,Water - Public
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Listing Location

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870 El Cerrito Way Gilroy, CA 95020

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Listing Courtesy of Amit Urban, Paul Getty, Broker

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