NOT LISTED FOR SALE

6685 Imperial Dr Gilroy, CA 95020

7 Beds
4 Baths
2,760 Sq Ft
8,150 Sq Ft Lot

Last Sold September 15, 2021

Last sale price $1,325,000 $480 Per Sq Ft

73 Days on Market

About This Home

As of September 2021

A quality 3 Unit Building in Excellent Gilroy Location. 2,750 Square Building consisting of Two 2 Bedroom 1 Bath Units and a 3 Bedroom 1.5 Bath Unit. Property has a 5 Car Garage ! There Are 3 One Car Garages and a 2 Car Garage. All Units have Laminate Flooring. Nice Location with Easy Access to Schools, Parks, Freeway. Excellent for an Owner Occupant. Well Manicured Landscape Shows Pride of Ownership. Interior Painting Just Completed One Unit. Composition Roof Approximately 10 Years Old.

Last Agent to Sell the Property

Gabriel Reyes

Intero Real Estate Services License #00911855 Listed on: 06/05/2021

Intero Real Estate Services

Last Buyer's Agent

Harnam Bhullar

Hilltop Realty License #01231109

Property Details

Home Type

  • Multi-Family

Year Built

  • 1985

Lot Details

  • 8,150 Sq Ft Lot

Parking

  • 5 Car Detached Garage
  • On-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Stone Countertops

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $87,336

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $1,500
  • Maintenance Expense $1,500
  • Utility Expense $4,200
  • Trash Expense $1,200
  • Operating Expense $18,685
  • Gross Income $82,969

Property Details

Home Type

Multi-Family

Year Built

1985

Lot Details

0

Parking

5

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 36
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2760
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Kitchen: Countertop - Stone, Exhaust Fan, Oven - Electric
  • Living Sq Ft: 2760
  • Stories: 2
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Acres: 0.1871
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8150.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.46
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1440
  • Expense Maintenance: 1500
  • Expenses Total: 18685
  • Expenses Utility: 4200
  • Expense Trash: 1200
  • Income Annual Gross: 82969.00
  • Income Annual Rental: 87336
  • Income Gross Scheduled: 87336
  • Meters: Master Gas, Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 5

Range of Values:

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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 Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,325,000 -1.9% $480 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,350,000 0.0% $489 / Sq Ft
07/06/2021 07/06/21 Price Changed $1,350,000 +3.9% $489 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $1,299,000 +116.9% $471 / Sq Ft
06/26/2012 06/26/12 Sold $599,000 0.0% $217 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $599,000 -- $217 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81847500

MLSListings

APN: 799-44-032