West Gilroy location with four two-bed / one-bath units averaging 900+ sq. ft/unit. Offered at a 14.08 Gross Rent Multiplier ( GRM = Sales Price / Gross Scheduled Income) on current rents, which average $2400/month. Current Santa Clara County 4-plex GRMs average 15.92 as of September 26, 2026. Market rent is $2600-$2900. At $2600 average rent, the GRM is 12.81 GRM, which is less than most 5+unit buildings. Three units are due for rent increases in 2025. The location is fantastic - one block south of 1st Street, with its abundant retail, restaurants, grocery stores, coffee shops, banks, pharmacies, and gyms. The asphalt composition roof is roughly 15 years old. 1210 & 1220 Juniper use the driveway on the right side of 1220 Juniper for carport access. The 1210 carports can be accessed from Westwood Drive, eliminating the need for the shared???????????????????????????????????????? driveway.
West Gilroy location with four two-bed / one-bath units averaging 900+ sq. ft/unit. Offered at a 14.68 Gross Rent Multiplier ( GRM = Sales Price / Gross Scheduled Income) on current rents, which average $2300/month. Current Santa Clara County 4-plex GRMs average 15.92. Market rent is $2600-$2900. At $2600 average rent, the GRM is 12.81 GRM, which is less than most 5+unit buildings. Three units are due for rent increases in 2025. The location is fantastic - one block south of 1st Street, with its abundant retail, restaurants, grocery stores, coffee shops, banks, pharmacies, and gyms. The asphalt composition roof is roughly 15 years old. 1210 & 1220 Juniper use the driveway on the right side of 1220 Juniper for carport access. The 1210 carports can be accessed from Westwood Drive, eliminating the need for the shared driveway.
Courtesy: Renz & Renz
408-846-1031
A rare multi-family preservation and restoration opportunity. Officially recognized on the City of Gilroy's Historic Resources Inventory, 263 Fifth Street blends rich architectural heritage with strong income-producing potential. Located along a celebrated historic corridor known for its architectural heritage and set on a generous 9,450-square-foot R-3 zoned lot, the property comprises two distinct structures totaling 5,294 square feet and currently operates as 6 individual units (3 appear permitted, buyer to verify). This asset offers an extraordinary canvas for a historic preservationist looking to honor period character. Do not disturb tenants.
A rare multi-family preservation and restoration opportunity. Officially recognized on the City of Gilroy's Historic Resources Inventory, 263 Fifth Street blends rich architectural heritage with strong income-producing potential. Located along a celebrated historic corridor known for its architectural heritage and set on a generous 9,450-square-foot R-3 zoned lot, the property comprises two distinct structures totaling 5,294 square feet and currently operates as 6 individual units (3 appear permitted, buyer to verify). This asset offers an extraordinary canvas for a historic preservationist looking to honor period character. Do not disturb tenants.
Major price reduction!! DO NOT disturb occupants. Shown by appointment only. Incredible opportunity to own one of the most unique properties on Pacheco Pass Highway. Property consists of two parcels being sold together (APN# 841-23-013 & 841-23-009) with a operating market, single family home, 1 bedroom cottage, detached shop/barn, small orchard, and open land for farming! Great income potential. 3 electrical meters & 2 gas meters. There are 7 marked parking stalls and tons of additional off street-parking. Approximately 2.13 acres of land. The market is profitable and with the newly installed traffic light at Pacheco Pass Highway and Fraiser Lake Road, business has picked up tremendously! All units are in move-in condition. This is a exceptional investment/owner user opportunity that is just minutes to the town and in the path of future development.
Gilroy is located in California. Gilroy, California has a population of 58,802. Gilroy is more family-centric than the surrounding county with 39.5% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Gilroy, California is $116,206. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Gilroy is 35 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 39.6 degrees. The average rainfall is approximately 21.4 inches per year, with 0 inches of snow per year.
