Michael Chae
US Realty
(669) 230-0551
33 Total Sales
1 in Gilroy
$1,050,000 Price
7560 Chestnut St Gilroy, CA 95020
Gilroy Area
10
Beds
4
Baths
3,350
Sq Ft
0.34
Acre Lot
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
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Property Details
Home Type
- Multi-Family
Year Built
- 1972
Lot Details
- 15,002 Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Apr 11, 2025
Sold by
Hernandez Norma A
Bought by
Seller's Agent
Hap Albers
Albers Real Estate Investment Company
Buyer's Agent
Cayo Gonzalez
Capital Estates Realty
List Price
$1,449,000
Sold Price
$1,100,000
Premium/Discount to List
-$349,000
-24.09%
Views
97
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$758,679
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 11, 2024
Closed on
Mar 5, 2025
Sold by
Rudolph Gong Trust and Gong Rudolph
Bought by
Valdovinos Marco Antonio Hern and De La Mora
Seller's Agent
Hap Albers
Albers Real Estate Investment Company
Buyer's Agent
Cayo Gonzalez
Capital Estates Realty
List Price
$1,449,000
Sold Price
$1,100,000
Premium/Discount to List
-$349,000
-24.09%
Views
97
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$758,679
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2014
Sold by
Gong Rudolph
Bought by
Gong Rudolph and The Rudolph Gong Trust
Purchase Details
Closed on
Sep 29, 2014
Sold by
Gong Rudolph
Bought by
Gong Rudolph
Purchase Details
Closed on
Feb 4, 1997
Sold by
Rudolph Gong
Bought by
Gong Rudolph and 1997 Rudolph Gong Revocable Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gilroy, CA
-
Michael Chae
-
Thuy Tran
Thuy Tran
Intero Real Estate Services
(669) 273-2946
30 Total Sales
1 in Gilroy
$1,450,000 Price
-
Linda Baker
Linda Baker
Milestone Realty
(669) 202-2676
79 Total Sales
1 in Gilroy
$1,235,000 Price
-
Paulina Mujica
Paulina Mujica
Exp Realty Of California, Inc
(510) 780-3726
50 Total Sales
1 in Gilroy
$940,000 Price
-
Emma Elfving
Emma Elfving
Compass
(650) 525-2423
92 Total Sales
1 in Gilroy
$650,000 Price
-
Veronica Peter
Veronica Peter
Compass
(510) 939-7811
46 Total Sales
1 in Gilroy
$795,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title | ||
| Valdovinos Marco Antonio Hern | $1,100,000 | Chicago Title | |
| Gong Rudolph | -- | None Available | |
| Gong Rudolph | -- | None Available | |
| Gong Rudolph | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $770,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,021 | $1,122,000 | $612,000 | $510,000 |
| 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
Seller's Agent in 2025
Hap Albers
Albers Real Estate Investment Company
(408) 893-6002
46 Total Sales
-
Cayo Gonzalez
Buyer's Agent in 2025
Cayo Gonzalez
Capital Estates Realty
(408) 258-1118
25 Total Sales
Map
Source: MLSListings
MLS Number: ML81983489
APN: 841-07-039
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