1210 Juniper DriveGilroy, CA 95020
Santa Clara County
Description
West Gilroy location with four two-bed / one-bath units averaging 900+ sq. ft/unit. Offered at a 14.68 Gross Rent Multiplier ( GRM = Sales Price / Gross Scheduled Income) on current rents, which average $2300/month. Current Santa Clara County 4-plex GRMs average 15.92. Market rent is $2600-$2900. At $2600 average rent, the GRM is 12.81 GRM, which is less than most 5+unit buildings. Three units are due for rent increases in 2025. The location is fantastic - one block south of 1st Street, with its abundant retail, restaurants, grocery stores, coffee shops, banks, pharmacies, and gyms. The asphalt composition roof is roughly 15 years old. 1210 & 1220 Juniper use the driveway on the right side of 1220 Juniper for carport access. The 1210 carports can be accessed from Westwood Drive, eliminating the need for the shared driveway.
Property Information
- Property type
- Residential Income
- Sub-type
- Quadruplex
- Style
- Ranch
- Year built
- 1964
- Stories
- 2
- Living area
- 3,605 Sq Ft
- Lot size
- 0.18 acres
- Zoning
- R3
- Days on market
- 29
- MLS® Listing#
- ML82060264
Property Features
- Appliances
- Refrigerator · Range Hood · Vented Exhaust Fan
- Cooling
- Wall/Window Unit(s)
- Heating
- Wall Furnace
- Flooring
- Carpet · Laminate · Tile
- Parking
- Carport · Off Street
- Lot features
- Level
- Foundation
- Concrete Perimeter
- Roof
- Composition
Rooms
- Kitchen
Schools
- Elementary
- Other
- Middle
- Other
- High
- Gilroy
Financial Details
- HOA
- None
- Annual taxes
- $20,211
- Parcel number
- 80802025
Directions
Cross Street: Westwood
Listing Courtesy: Albers Real Estate Investment Company - 8313721922
Presented by: Hap Albers
Licensed in the state of California.
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