NOT LISTED FOR SALE

201 W 9th St Gilroy, CA 95020

6 Beds
4 Baths
1,994 Sq Ft
7,841 Sq Ft Lot

Last Sold August 14, 2024

Last sale price $1,040,000 $522 Per Sq Ft

32 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of August 2024

Welcome to 201 West 9th Street (A&B). Discover a fantastic investment opportunity with this charming single-story duplex situated on a spacious corner lot in Gilroy. This property features two units, each with its own private driveway, separate 2-car garage, and individual entrance, ensuring privacy and convenience. Each unit features spacious family rooms and kitchens with dining areas, perfect for daily living and entertaining. The front unit is approximately 997 sqft and offers 3 bedrooms and 2 full bathrooms. The back unit offers around 997 sqft and also includes 3 bedrooms and 2 full bathrooms. Enjoy the benefits of private side yard areas, ideal for outdoor activities and relaxation. Centrally located with easy access to Highway 101, Monterey Road, the Gilroy Premium Outlets, local library, and schools. This income property is an incredible prospect for investors looking to expand their portfolio. Don't let this amazing property pass you by, inquire today!

Last Agent to Sell the Property

Joseph Portale

Compass License #01800376 Listed on: 06/13/2024

Compass

Last Buyer's Agent

Jose Reyes

Elite Realty Services License #01380480

Elite Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1985

Lot Details

  • 7,841

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $62,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,400
  • Operating Expense $14,525
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Year Built

1985

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Living Sq Ft: 1994
  • Stories: 1

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 277

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7841.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.81
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1400
  • Expenses Total: 14525
  • Income Annual Gross: 62400.00
  • Income Annual Rental: 62400
  • Income Gross Scheduled: 62400
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $1,040,000 -0.9% $522 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $1,049,000 -- $526 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,561 $1,040,000 $700,000 $340,000
2024 $3,561 $279,405 $95,791 $183,614
2023 $3,539 $273,927 $93,913 $180,014
2022 $3,480 $268,557 $92,072 $176,485
2021 $3,463 $263,292 $90,267 $173,025
2020 $3,426 $260,593 $89,342 $171,251
2019 $3,394 $255,485 $87,591 $167,894
2018 $3,173 $250,476 $85,874 $164,602
2017 $3,238 $245,566 $84,191 $161,375
2016 $3,166 $240,752 $82,541 $158,211
2015 $2,990 $237,137 $81,302 $155,835
2014 -- $232,493 $79,710 $152,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81969566

MLSListings