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7522 Chestnut Street Gilroy CA 95020
Price $ 899,000
Listing ID ML82061281
Status Active
Property Type Single Family Residence
County Santa Clara
Beds 2
Baths 1
House Size 987
Year Built 1890
Lot Size 1
Days on website 6
Description
Bring your vision to Gilroy! This remarkable investment features two APN (841-07-064 & 841-07-065) totaling 53,000 + square feet. This multi-use property is being sold completely As-Is. Yet, presents an exceptional development opportunity near Gilroy's vibrant downtown. The property is an original, single-story fixer-upper that features a compact kitchen, a living area, a full bathroom, two bedrooms, an unfinished basement, and a separate laundry room; all in need of renovation. Buyers should bring their vision and a contractor to explore options. For builders and developers, these expansive parcels offer incredible flexibility to maximize value. Potential residential uses range from a custom single-family home to a multi-unit development project. Its central location ensures strong long-term appeal, placing it near schools, shopping, dining, and major commuter routes like Highway 101 for easy access to Silicon Valley. With its size, zoning, and location in a market defined by steady housing demand and continued growth, this parcel represents a rare chance to build, develop, or hold as a profitable, long-term land investment. The buyer is to verify all square footage, utility connections, permits, zoning, and potential uses.
Location
Financial Information
List Price: $ 899000
Property Features
Fencing: Partial
Flooring: Carpet
High School District: Gilroy Unified
Property Condition: Fixer
Roof: Composition
Water Source: Public
High School District: Gilroy Unified
MLS Area Major: 699 - Not Defined
City: Gilroy
Listed By:   Eva Scott   Coldwell Banker Realty 
CA Lic#
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