1180 Driftwood TER, Gilroy, CA 95020
1180 Driftwood TER, Gilroy, CA 95020
1180 Driftwood TER, Gilroy, CA 95020
1180 Driftwood TER, Gilroy, CA 95020
1180 Driftwood TER, Gilroy, CA 95020
1180 Driftwood TER, Gilroy, CA 95020
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Eric Sandate

Eric Sandate

+1(650) 576-5580
Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152
$ 2,475,000
Est. payment | /mo

1 Bed

1 Bath

8,336 SqFt

Save
$ 2,475,000
Est. payment | /mo
Save

1 Bed

1 Bath

8,336 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,336 sqft

Price per Sqft $296

MLS Listing ID ML82062240

Bedrooms 1

Full Baths 1

Year Built 1965

Lot Size 0.505 Acres

Property Sub-Type Five or More Units

Property Description

1180 Driftwood Terrace, an 11-unit multifamily investment opportunity located in Gilroy, California. Held by the same family since 1986, the property reflects nearly four decades of consistent, hands-on ownership a rare tenure that has preserved the asset's character while providing the operational continuity today's investors look for. Situated on an approximately 22,000-square-foot lot with 8,336 square feet of building area, 1180 Driftwood Terrace has been well maintained throughout its ownership history, offering an incoming buyer a proven income-producing asset with a stable operating foundation and clear runway for additional upside.

Location

State CA

County Santa Clara

Area Morgan Hill / Gilroy / San Martin

Zoning R3

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Washer / Dryer

Exterior

Parking Features Carport , Uncovered Parking

Community Features BBQ Area

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 808-10-035

Security Features None

Special Listing Condition Not Applicable

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Nearby Locations

Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.s@guiderealestateca.com

1641 Laurel St, San Carlos, CA 94070-5216, USA

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1180 Driftwood TER