NOT LISTED FOR SALE

207 W 9th St Gilroy, CA 95020

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

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

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • 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

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
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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 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

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 $11,726 $1,086,300 $795,600 $290,700
2024 $11,726 $946,764 $707,472 $239,292
2023 $11,658 $928,200 $693,600 $234,600
2022 $11,468 $910,000 $680,000 $230,000
2021 $5,684 $438,839 $166,949 $271,890
2020 $5,622 $434,341 $165,238 $269,103
2019 $5,571 $425,826 $161,999 $263,827
2018 $5,204 $417,477 $158,823 $258,654
2017 $5,312 $409,292 $155,709 $253,583
2016 $5,202 $401,267 $152,656 $248,611
2015 $4,910 $395,240 $150,363 $244,877
2014 $4,879 $387,499 $147,418 $240,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81953911

MLSListings

APN: 799-10-055

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