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Listed by Bay Realty
$ 599,900
Est. payment | /mo
3 Beds
1 Bath
1,551 SqFt
$ 599,900
Est. payment | /mo
3 Beds
1 Bath
1,551 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,551 sqft
Price per Sqft $386
MLS Listing ID ML82049555
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1924
Lot Size 7,100 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Investor Special Gilroy Development Opportunity 332 Lewis St Unit 1/2, Gilroy, CA 95020 (APN: 841-05-002) Rare opportunity to acquire a single-family residence in the rapidly growing Gilroy market. Opportunities like this are increasingly scarce in Santa Clara County, especially at this price point. Property Highlights: Approx. 1,551 SF living area Approx. 7,100 SF flat lot Ideal for renovation, expansion, or redevelopment Multiple exit strategies: Fix & Flip, Buy & Hold, Rebuild, or Develop Asking Price: $575,000 Estimated ARV: $875,000+ (Buyer to Verify) Why this deal stands out: Significant value-add opportunity Large lot with potential for expansion and/or ADU (buyer to verify) Convenient location near downtown Gilroy, schools, parks, shopping, and major commuter routes Strong upside potential for investors, contractors, and developers Bonus Opportunity: The front parcel at 332 Lewis St (APN: 841-05-087) is also available for $100,000. Acquire both parcels to maximize future development potential and unlock additional value. Investor Terms: Sold AS-IS Cash or hard money preferred Opportunities like this rarely come to market. Serious investors, contractors, and developers are encouraged to act quickly.
Location
State CA
County Santa Clara
Interior
Heating None
Cooling None
Fireplace No
Exterior
Private Pool false
Building
Story 1
Water Public
Schools
School District Gilroy Unified, Gilroy Unified
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