NOT LISTED FOR SALE

207 W 9th St Gilroy, CA 95020

6 Beds
2 Baths
1,920 Sq Ft
7,405 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $1,065,000 $555 Per Sq Ft

23 Days on Market

Highlights

  • 2 Car Attached Garage
  • Ceiling Fan
  • 1-Story Property
  • Tile Flooring

About This Home

As of April 2024

Excellent Investment Opportunity!!! QUALITY DUPLEX: Each Unit is a 3 Bedroom and 1 Bath with Large 2 Car Garage... Priced $300,000 BELOW Same Type of Property in San Jose., APPROX. 1000 SQ FT EACH SIDE. CLEAN AND NEAT UNITS. Unit B Has Nice Big Backyard. Tenants Pay Their Own Water, Garbage and PGE. Owner Only Pays Landscape. Recent updates over the past 5 years include Roof Replacement, Interior paint, tile flooring. OTHER CONSIDERATIONS: FHA FINANCING AVAILABLE . Located a Couple of Blocks to Downtown, Train Station, Library, Schools and Restaurants

Last Agent to Sell the Property

Gabriel Reyes

Intero Real Estate Services License #00911855 Listed on: 02/10/2024

Intero Real Estate Services

Last Buyer's Agent

Kenneth Hong

Legacy Real Estate & Associates License #01754609

Property Details

Home Type

  • Multi-Family

Year Built

  • 1985

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $67,800
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $100
  • Insurance Expense $2,500
  • Operating Expense $12,600
  • Gross Income $67,800

Property Details

Home Type

Multi-Family

Year Built

1985

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Kitchen: Countertop - Other, Dishwasher, Garbage Disposal, Exhaust Fan, Cooktop - Electric
  • Living Sq Ft: 1920
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Tile, Carpet

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.47
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 100
  • Expenses Total: 12600
  • Income Annual Gross: 67800.00
  • Income Annual Rental: 67800
  • Income Gross Scheduled: 67800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Services - Gardener
  • Tenant Expenses: All Expenses, Maintenance - Exterior, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
04/05/2024 04/05/24 Sold $1,065,000 +1.5% $555 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $1,049,000 +15.3% $546 / Sq Ft
07/29/2021 07/29/21 Sold $910,000 0.0% $474 / Sq Ft View Prior Sale
06/30/2021 06/30/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $910,000 -- $474 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81953911

MLSListings

APN: 799-10-055