Seller's Agent in 2025
Hap Albers
Albers Real Estate Investment Company
(408) 893-6002
2 in this area
59 Total Sales
7560 Chestnut St Gilroy, CA 95020
10
Beds
4
Baths
3,350
Sq Ft
0.34
Acres
Highlights
- 0.34 Acre Lot
- Coin Laundry
- Level Lot
- Tile Flooring
- Washer and Dryer
- 3-minute walk to San Ysidro Park
About This Home
As of April 2025This Gilroy 4-unit building is the cheapest Santa Clara County 4-plex. It has a great unit mix, lots of off-street parking, and is close to downtown Gilroy. The property has two 3-bedroom/1.5-bath units and two 2-bedroom/1-bath units. The rents are very under the market rent. Rent increases are planned for April 2025. The sewer laterals have been replaced. Electric repairs have been completed recently.
Last Agent to Sell the Property
Albers Real Estate Investment Company License #01006595 Listed on: 10/11/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1972
Lot Details
- 0.34 Acre Lot
- Level Lot
Home Design
- Quadruplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,350 Sq Ft Home
- 2-Story Property
- Built-In Oven
- Washer and Dryer
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Parking
- 7 Parking Spaces
- On-Street Parking
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $74,904
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 4 Leased Units
- Gardener Expense $1,200
- Insurance Expense $2,090
- Maintenance Expense $3,000
- Utility Expense $4,436
- Trash Expense $2,604
- Operating Expense $28,532
- Gross Income $73,239
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $1,100,000 | -10.2% | $328 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 02/03/2025 02/03/25 | Price Changed | $1,225,000 | -5.7% | $366 / Sq Ft |
| 12/29/2024 12/29/24 | Price Changed | $1,299,000 | -5.5% | $388 / Sq Ft |
| 12/03/2024 12/03/24 | Price Changed | $1,375,000 | -5.1% | $410 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $1,449,000 | -- | $433 / 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 | $1,990 | $150,106 | $19,831 | $130,275 |
| 2024 | $1,990 | $147,164 | $19,443 | $127,721 |
| 2023 | $1,978 | $144,279 | $19,062 | $125,217 |
| 2022 | $1,944 | $141,451 | $18,689 | $122,762 |
| 2021 | $1,933 | $138,678 | $18,323 | $120,355 |
| 2020 | $1,913 | $137,257 | $18,136 | $119,121 |
| 2019 | $1,896 | $134,567 | $17,781 | $116,786 |
| 2018 | $1,778 | $131,930 | $17,433 | $114,497 |
| 2017 | $1,811 | $129,344 | $17,092 | $112,252 |
| 2016 | $1,767 | $126,808 | $16,757 | $110,051 |
| 2015 | $1,673 | $124,904 | $16,506 | $108,398 |
| 2014 | $1,662 | $122,458 | $16,183 | $106,275 |
Source: Public Records
Agents Affiliated with this Home
-
Hap Albers
-
Cayo Gonzalez
Buyer's Agent in 2025
Cayo Gonzalez
Capital Estates Realty
(408) 258-1118
1 in this area
17 Total Sales
Map
Source: MLSListings
MLS Number: ML81983489
APN: 841-07-039
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