NOT LISTED FOR SALE

6725 Imperial Dr Gilroy, CA 95020

5 Beds
4 Baths
2,352 Sq Ft
8,085 Sq Ft Lot

Last Sold June 12, 2023

Last sale price $926,250 $394 Per Sq Ft

14 Days on Market

Highlights

  • Tile Countertops
  • Back Yard
  • 1-Story Property
  • Central Air

About This Home

As of June 2023

If you're looking for an investment opportunity with built-in stability, look no further than this duplex with long-term tenants. With reliable rental income already in place, this property is a smart choice for investors seeking a low-risk, high-reward opportunity. The duplex boasts a central location, attractive curb appeal, and well-maintained units. Plus, with established tenants in place, you can rest assured that your investment will continue to generate steady cash flow with minimal effort. Don't miss out on this unique chance to secure your financial future with an investment in a thriving rental market. Unit A: 3 bed/2 bath Unit B: 2 bed/1.5bath both with attached garages. Appointment only showings.

Last Agent to Sell the Property

Teri Fortino

Compass License #01061765 Listed on: 05/10/2023

Compass

Co-Listed By

Laura Vasquez

Compass License #02098169

Last Buyer's Agent

Harnam Bhullar

Hilltop Realty License #01231109

Property Details

Home Type

  • Multi-Family

Year Built

  • 1984

Lot Details

  • 8,085 Sq Ft Lot
  • Back Yard

Parking

  • 3 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property
  • Tile Countertops

Utilities

  • Central Air

Listing and Financial Details

  • Total Actual Rent $45,000

Community Details

Overview

  • 2,352 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Year Built

1984

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Duplex
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2352
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Kitchen: Countertop - Tile
  • Living Sq Ft: 2352
  • Stories: 1

Exterior Features

  • Roof: Tile
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Acres: 0.1856
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8086.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8086.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 22.20
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 45000.00
  • Income Annual Rental: 45000
  • Income Gross Scheduled: 45000
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Rent Only

Range of Values:

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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 Change Sq Ft Price
06/12/2023 06/12/23 Sold $926,250 -7.3% $394 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $999,000 -- $425 / 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: ML81927779

MLSListings

APN: 799-44-030