7240 East St Gilroy, CA 95020

Multi-Family Home MLS #: ML81972824 Courtesy Of Coldwell Banker Morgan Hill

$1,299,900

3,058 sq ft
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Estimated monthly payments: $5,682/mo.* (recalculate)

Property InformationDescription

Incredible Investment Opportunity! This property features four units, each with 2 bedrooms and 1 bathroom, offering comfortable and convenient living spaces. With all units currently occupied and in high demand, this property presents an excellent investment prospect. Each unit is equipped with its own electric and gas meter. The property offers a convenient location just a short drive from shopping, restaurants, and essential amenities. Rents are at below-market rents. Market rent is between $2,100 to $2,300 monthly for each unit. With exceptional potential and great upside, this property is not to be missed. Drive-by viewings are welcome, but kindly respect the privacy of the tenants, and refrain from disturbing them. Back on market. No fault of seller. Huge price Improvement!!!
MORTGAGE CALCULATOR

Features

  • Cooling: Wall Unit A/C
  • Lot Size: 0.17 Acres
  • Sewer: Public
  • Style: Other Style
  • Water: City Water

MAP & DIRECTIONS

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7240 East St, Gilroy, CA 95020
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School Information

7240 East St, Gilroy, CA 95020

Elementary School
Grades KG-5 | Public School
ELIOT ELEMENTARY SCHOOL
Gilroy, CA 95020
475 Old Gilroy St
408.­847.5333
Distance: 0.1 mi
School Rating
D+
Student:Teacher Ratio
24:1
Total Students
484
Middle School
Grades 6-8 | Public School
ASCENCION SOLORSANO MIDDLE SCHOOL
Gilroy, CA 95020
7121 Grenache Way
408.­848.4121
Distance: 1.9 mi
School Rating
B-
Student:Teacher Ratio
24:1
Total Students
842
Middle School
Grades 6-8 | Public School
BROWNELL MIDDLE SCHOOL
Gilroy, CA 95020
7800 Carmel St
408.­847.3377
Distance: 1.0 mi
School Rating
C+
Student:Teacher Ratio
23:1
Total Students
759
High School
Grades 9-12 | Public School
GILROY HIGH SCHOOL
Gilroy, CA 95020
750 W 10th St
669.­205.5400
Distance: 1.2 mi
School Rating
C-
Student:Teacher Ratio
23:1
Total Students
1770
Other Nearby Schools Distance Type Grades School Rating
Phoenix School/rebekah Children's Services 0.6 mi Private 8-12
Gilroy Special Education Preschool 0.7 mi Public
South Valley Middle School 0.7 mi Public 6-8 C
Gilroy Preparatory (a Navigator School) 0.8 mi Public KG-8 B+
Glen View Elementary School 0.9 mi Public KG-5 C-
Santa Clara County Regional Occupational Program-south 1.0 mi Public 10-12
St Mary School 1.0 mi Private KG-8
El Roble Elementary School 1.4 mi Public KG-5 C-
Las Animas Elementary School 1.6 mi Public KG-5 C-
Rod Kelley Elementary School 2.0 mi Public KG-5 B-
Mt. Madonna High School 2.1 mi Public 9-12 D-
Pacific Point Christian School 2.2 mi Private PK-12
Antonio Del Buono Elementary School 2.2 mi Public KG-5
Dr. Tj Owens Gilroy Early College Academy 2.4 mi Public 9-12 A+
Luigi Aprea Elementary School 2.7 mi Public KG-5 B
Christopher High School 3.1 mi Public 9-12 B+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Gilroy, CA 95020

Median Age: 36.4
Married: 56%
Number of Households: 19,795
Households with Children: 44%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home