1180 Driftwood TER, Gilroy, CA 95020
1180 Driftwood TER, Gilroy, CA 95020
1180 Driftwood TER, Gilroy, CA 95020
29
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Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152
$2,475,000
Est. payment /mo
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1 Bed
1 Bath
8,336 SqFt
Active

1180 Driftwood TER Gilroy, CA 95020

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Christa Nielsen

Christa Nielsen

+1(408) 206-5196

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Key Details

Property Type 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

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

Community Features BBQ Area

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 808-10-035

Security Features None

Special Listing Condition Not Applicable

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Christa Nielsen

Christa Nielsen

Agent License ID: 02033382

+1(408) 206-5196

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1180 Driftwood TER