1180 Driftwood TER, Gilroy, CA 95020
- $2,475,000
- 8,336
- SqFt
Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: Joshua Johnson from Marcus & Millichap
- List Price
- $2,475,000
- MLS#
- ML82062240
- Status
- ACTIVE
- Sqft. of Residence
- 8,336
- Lot Size
- 22,000
- Listing Area
- Morgan Hill / Gilroy / San Martin
- Year Built
- 1965
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.
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Additional Information
- Acres
- 0.51
- Cooling System
- Window / Wall Unit
- Foundation
- Concrete Perimeter
- Garage Parking
- Carport, Uncovered Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Washer / Dryer
- Living Area
- 8,336
- Lot Size
- 22,000
- Neighborhood
- Morgan Hill / Gilroy / San Martin
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Zoning
- R3
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