Real Estate

Iconic Gilroy Triangle Neighborhood Home

Features four detached units offer rental income

GILROY, CA — This Iconic Miller Avenue property sits on a 1.2-acre lot located between 1st Street and Second Street in Gilroy's Golden Triangle. Features four detached units, three of which are rented and an additional one that requires renovation.

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  • Address: 7841 Miller Ave, Gilroy, California
  • Price: $1,499,950
  • Square Feet: 1992
  • Bedrooms: 8
  • Bathrooms: 0 Baths
  • Built: 1920
  • Features: Iconic Miller Avenue property on rare 1.2 acre lot located between 1st Street and Second Street in Gilroy's unique and highly desirable Golden Triangle...first time on market! This property's current layout, acreage, zoning and surrounding neighborhood propose several different opportunities for developers, extended/multi-family buyers, income producing property investors, or just someone looking for a special piece with a huge lot in town. In addition to the main home, there are 4 legal detached rental units existing with separate meters, 3 of which are rented (4th requires renovation). These units along with the main house offer sizable cash flow for investors and/or developers as they await approval. This is a truly unique opportunity to own a special piece of real estate in the heart of Gilroy.

This listing originally appeared on realtor.com. For more information and photos, click here.

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