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… Read More 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. Read Less
Courtesy of Bay Realty, Peter Quan Nguyen 408-892-9600
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,551
Lot Size
0.16 Acres
Year Built
1924
MLS Number
ML82049555
30 Days Snapshot Of 95020
$1.37M
+13%
(avg) sold price
31
-24%
homes sold
28
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 7100.00, Max Area Units: Square Feet
Building
Built in 1924, 1,551 square feet, 1,551 living square feet, Building type: Detached
Dining Room
Dining Area in Family Room
Family Room
Separate Family Room
Foundation
Crawl Space
Roof
Composition
Cooling
None
Garage
Uncovered Parking
Water Features
Public
Heating
No Heating
Utilities
Public Utilities
Sewer
Sewer - Public
Property
Zoning: R1, Horse property?: No
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