70 E Main Ave Morgan Hill, CA 95037
Estimated payment $35,872/month
Highlights
- Open to Family Room
- 5-minute walk to Morgan Hill
- Family or Dining Combination
- Ann Sobrato High School Rated A
- Forced Air Heating System
- Wood Fence
About This Home
Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street (ML82040865), 57 E 1st Street (ML82040868), 70 & 74 E Main Street, and 50 E Main Street (ML82040862). Marketing package is in the disclosure link.
Home Details
Home Type
- Single Family
Year Built
- Built in 1908
Lot Details
- Wood Fence
- Zoning described as CC
Home Design
- Shingle Roof
Interior Spaces
- 979 Sq Ft Home
- 1-Story Property
- Family or Dining Combination
- Crawl Space
Kitchen
- Open to Family Room
- Gas Cooktop
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Carport
- On-Street Parking
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 726-14-053
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,886 | $696,659 | $497,618 | $199,041 |
| 2024 | $7,886 | $683,000 | $487,861 | $195,139 |
| 2023 | $7,785 | $669,609 | $478,296 | $191,313 |
| 2022 | $7,654 | $656,480 | $468,918 | $187,562 |
| 2021 | $7,462 | $643,609 | $459,724 | $183,885 |
| 2020 | $7,282 | $637,011 | $455,011 | $182,000 |
| 2019 | $7,488 | $624,522 | $446,090 | $178,432 |
| 2018 | $7,511 | $612,278 | $437,344 | $174,934 |
| 2017 | $7,441 | $600,273 | $428,769 | $171,504 |
| 2016 | $6,801 | $574,200 | $409,400 | $164,800 |
| 2015 | $6,166 | $517,300 | $369,500 | $147,800 |
| 2014 | $6,016 | $488,000 | $348,600 | $139,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $6,688,000 | -- | $6,831 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,000 | New Conventional | |
| Closed | $200,000 | New Conventional |
Source: MLSListings
MLS Number: ML82040872
APN: 726-14-053
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Ask me questions while you tour the home.