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$ 425,000
Est. payment /mo
Price Dropped by $25K
332 Lewis ST #1/2 Gilroy, CA 95020
3 Beds
1 Bath
1,551 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,551 sqft
Price per Sqft $274
MLS Listing ID 637490
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1924
Lot Size 7,100 Sqft
Property Sub-Type Single Family Residence
Property Description
Rare Value Add Opportunity In Santa Clara County Priced to moveWelcome to 332 1/2 Lewis St (AKA #6, Lot 14 see plot map), a true single-family residence (NOT a condo) in the rapidly growing market of Gilroy. Opportunities like this are extremely limited in the county, especially at this price point.Fix & flip, rebuild, or hold this is a high-upside investor special.Situated on a 7,100 sq ft flat lot with approximately 1,551 sq ft of living space, this property is a blank canvas ready to be transformed into a high-value asset.Price:$450,000 Projected ARV: $875,000+Why this deal stands out:Deep discount entry in a high-demand marketStrong flip potential with six-figure upsideLarge lot ideal for expansion, ADU, or redevelopmentMultiple exit strategies: flip, rent, rebuild, or developLocated near downtown, major commuter routes, schools, and parksBonus Opportunity:The front property at 332 Lewis St (APN# 841-05-087) is also available. Secure both parcels and unlock even greater development potential this is where experienced investors can significantly increase returns.Investor Notes:Sold AS-ISCash or hard money preferredSeller may carryDeals like this don't last especially in Santa Clara County.Serious investors, contractors, and developers act fast before this gets picked up.
Location
State CA
County Santa Clara
Zoning R1
Rooms
Basement Partial
Interior
Heating Floor or Wall Unit
Cooling None
Appliance Gas Appliances
Laundry None
Exterior
Utilities Available Public Utilities
Roof Type Other
Private Pool No
Building
Lot Description Urban
Story 1
Foundation Wood Subfloor
Sewer Public Sewer
Water Public
Schools
Elementary Schools Las Animas
Middle Schools Solorsano
High Schools Gilroy Unified
Listed by Trina Mehta Amo Realty, Inc
NEARBY SCHOOLS & PROPERTIES
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