$1,395,000
SOLD SEP 5, 2024

7191 Rosanna St Gilroy, CA 95020

7 Beds
5 Baths
2,700 Sq Ft
9,291 Sq Ft Lot

Recently Sold

$517 Per Sq Ft

7% Below List Price

76 Days on Market

About This Home

As of September 2024

This gives a rare opportunity for an investor to own a whole corner lot in Gilroy zoned R3.This corner property offers a unique combination of a duplex on Rosanna Street and a single-family detached house on 8th Street. Each unit is individually metered for all utilities, with the owner covering the cost of garbage. The duplex features two units, each boasting three bedrooms and one and a half bathrooms. Both units include an attached single-car garage with sectional roll-up doors and an indoor laundry room. Additionally, both units have newer replacement windows. The single-level detached house includes two bedrooms and one full bathroom, along with an attached single-car garage. This versatile property is well-maintained and ready for occupancy, providing a great opportunity for both investors and homeowners.

Last Agent to Sell the Property

Teri Fortino

Compass License #01061765 Listed on: 06/05/2024

Compass

Last Buyer's Agent

Laura Vasquez

Compass License #02098169

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 9,291 Sq Ft Lot

Parking

  • 3 Car Garage
  • 3 Carport Spaces
  • On-Street Parking
  • Off-Site Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $100,080

Community Details

Overview

  • 2,700 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $5,000
  • Maintenance Expense $3,000
  • Utility Expense $4,200
  • Operating Expense $24,075
  • Gross Income $100,080

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Multiple Dwellings / Structures
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Dual Fuel, Hood Over Range, Oven Range - Electric
  • Living Sq Ft: 2700
  • Stories: 1
  • Flooring: Laminate, Tile, Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, On Street, Off-Site Parking
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Gilroy Unified

Lot Info

  • Lot Acres: 0.2133
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9291.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9291.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 14.48
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 5000
  • Expense Maintenance: 3000
  • Expenses Total: 24075
  • Expenses Utility: 4200
  • Income Annual Gross: 100080.00
  • Income Annual Rental: 100080
  • Income Gross Scheduled: 100080
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

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
09/05/2024 09/05/24 Sold $1,395,000 -3.7% $517 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $1,449,000 -3.3% $537 / Sq Ft
06/05/2024 06/05/24 For Sale $1,498,000 +57.7% $555 / Sq Ft
10/11/2023 10/11/23 Sold $950,000 +5.7% $352 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $899,000 -- $333 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Teri Fortino

    Seller's Agent in 2024

    Teri Fortino

    Compass

    (408) 710-3900

    25 in this area

    100 Total Sales

    Teri Fortino
    Section Image
  • Laura Vasquez

    Buyer's Agent in 2024

    Laura Vasquez

    Compass

    (408) 883-0588

    9 in this area

    32 Total Sales

    Laura Vasquez
    Section Image

  • C

    Seller's Agent in 2023

    Chris Ordaz

    Intero Real Estate Services

    (408) 500-5573

    5 in this area

    23 Total Sales

    Chris Ordaz
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81968362

MLSListings

APN: 799-12-033

California Santa Clara County Gilroy 95020

7191 Rosanna St, Gilroy, CA

This home is located at 7191 Rosanna St, Gilroy, CA 95020 and is currently priced at $1,395,000, approximately $516 per square foot. This property was built in 1969. 7191 Rosanna St is a home located in Santa Clara County with nearby schools including Glen View Elementary School, Solorsano Middle School, and Gilroy High School.

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