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Listed by Marcus & Millichap
$ 2,475,000
Est. payment /mo
Open 11/2 12PM-1PM
1180 Driftwood Terrace Gilroy, CA 95020
8,336 SqFt
Open House
Mon Nov 02, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,336 sqft
Price per Sqft $296
MLS Listing ID ML82062240
HOA Y/N No
Year Built 1965
Lot Size 0.505 Acres
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Wall Furnace
Fireplace No
Building
Water Public