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1305 Buena Vista Avenue

Gilroy, CA 95020
  • $4,200,000
  • STATUS: Active
  • ON SITE: 99 Days
  • ID#: ML81920006
UPDATED: 60 min ago
$4,200,000
  • 2
    BEDS
  • 19.43
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
  • $3,500
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1922
County:

School Ratings & Info

School District:
Listing Agent(s): Chris Borello of Christopher Borello, Broker (408-710-7069)


Description

This property is centrally located to access all the wonders of Silicon Valley and the Central Coast. Local wineries are a stones throw away and are accessible by foot. The property has a rich farming history and has historically been leased to local row crop farmers. Previous crops have included Bell Peppers, Corn, and Jalapenos to mention a few. This property is a great opportunity to secure 4 individually deeded lots which would allow for the development (subject to approval) of 4 primary residences, 4 ADUs and 4 Jr. ADUs. The property currently consists of an older farmhouse that needs renovation, a fully occupied, 5 building, 10-unit employee housing-apartment community, and a tenant inhabited RV. There are currently 11 rentals generating positive cash flow with the opportunity to rent the vacant single-family home for additional revenue. The County of Santa Clara recently completed extensive improvements to the creek that borders the property. Endless opportunities abound.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-07T18:33:17.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Randy Horowitz & Associates | Century 21 Peak. Licensed in the State of California, USA.
www.randyhorowitzandassociates.com/homes/137298996
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1305 Buena Vista Avenue Gilroy, CA 95020

  • Price: $4,200,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 60 min ago
  • ID#: ML81920006
2
Beds
2
Baths
0
½ Baths
19.43
Acres
1,200
SQFT
$3,500
$/SQFT
1922
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
Gilroy Unified
Property Description
This property is centrally located to access all the wonders of Silicon Valley and the Central Coast. Local wineries are a stones throw away and are accessible by foot. The property has a rich farming history and has historically been leased to local row crop farmers. Previous crops have included Bell Peppers, Corn, and Jalapenos to mention a few. This property is a great opportunity to secure 4 individually deeded lots which would allow for the development (subject to approval) of 4 primary residences, 4 ADUs and 4 Jr. ADUs. The property currently consists of an older farmhouse that needs renovation, a fully occupied, 5 building, 10-unit employee housing-apartment community, and a tenant inhabited RV. There are currently 11 rentals generating positive cash flow with the opportunity to rent the vacant single-family home for additional revenue. The County of Santa Clara recently completed extensive improvements to the creek that borders the property. Endless opportunities abound.
Exterior Features

Attached Garage YN No Lot Features Agricultural Parking Total 1 Property Attached YN No Roof Other

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace YN No

Property Features

Association YN No Garage YN Yes Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Property Condition Fixer Property Sub Type Single Family Residence Special Listing Conditions Standard Water Source Agricultural Well Zoning A-20A



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-07T18:33:17.393. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Randy Horowitz & Associates | Century 21 Peak. Licensed in the State of California, USA.
 
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Randy Horowitz & Associates | Century 21 Peak
1241 E. 16th St.
Upland CA, 91784
Listing Agent(s): Chris Borello of Christopher Borello, Broker (408-710-7069)