$8,550,000

611 E 7th Street, Gilroy CA, 95020

Price per sqft$347.94

Built in1966

Property size24,573 sqft

Property typeCommercial

Overview

Active

Listed Oct 26, 2026

Updated 2 days ago

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*

Additional information

MLS^® ID: ML82065755

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.9 Acres

Other Property Details

Taxes: $103,856
Tax Frequency: Annually
Maintenance Expense: $2,500

Listed by Tom Antonopoulos, Real Property Investments, CA DRE 00492309

Listing Contact: 408-391-9546

Based on information from the CRISNet MLS as of 10/27/2026, 3:57 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.