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$ 599,900
Est. payment | /mo
3 Beds
1 Bath
1,551 SqFt
$ 599,900
Est. payment | /mo
3 Beds
1 Bath
1,551 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,551 sqft
Price per Sqft $386
MLS Listing ID ML82049555
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1924
Lot Size 7,100 Sqft
Property Sub-Type Single Family Residence
Property Description
Investor Special Gilroy Development Opportunity 332 Lewis St Unit 1/2, Gilroy, CA 95020 (APN: 841-05-002) Rare opportunity to acquire a single-family residence in the rapidly growing Gilroy market. Opportunities like this are increasingly scarce in Santa Clara County, especially at this price point. Property Highlights: Approx. 1,551 SF living area Approx. 7,100 SF flat lot Ideal for renovation, expansion, or redevelopment Multiple exit strategies: Fix & Flip, Buy & Hold, Rebuild, or Develop Asking Price: $575,000 Estimated ARV: $875,000+ (Buyer to Verify) Why this deal stands out: Significant value-add opportunity Large lot with potential for expansion and/or ADU (buyer to verify) Convenient location near downtown Gilroy, schools, parks, shopping, and major commuter routes Strong upside potential for investors, contractors, and developers Bonus Opportunity: The front parcel at 332 Lewis St (APN: 841-05-087) is also available for $100,000. Acquire both parcels to maximize future development potential and unlock additional value. Investor Terms: Sold AS-IS Cash or hard money preferred Opportunities like this rarely come to market. Serious investors, contractors, and developers are encouraged to act quickly.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R1
Interior
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
View Y/N No
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Gilroy Unified
Others
Tax ID 84105002
Special Listing Condition Standard
Listed by Peter Quan Nguyen Bay Realty #01360726
Nearby Locations
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Stacey Niermann
REALTOR® | Lic# DRE# 02167751