2 months on rocket

7560 Chestnut St, Gilroy, CA, 95020

$1,299,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,350 SqFt
$388/SqFt
Multi

Location

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7560 Chestnut St, Gilroy$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1972
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #ML81983489
Lot Size0.34 Acres
StatusActive

About 7560 Chestnut St

This Gilroy 4-unit building is the second cheapest Santa Clara County 4-plex. It has a great unit mix, lots of off-street parking, and is close to downtown Gilroy. The property has two 3-bedroom/1.5-bath units and two 2-bedroom/1-bath units. The rents are very under the market rents which are potentially = 2 bed rents ( $2400 ) and 3 bed rents ($3000). The sewer laterals have been replaced. Electric repairs have been completed recently.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 2
  • Living Area: 3,350 SqFt

Listing Office:

  • Office Name: Albers Real Estate Investment Company
  • Office Phone: (831) 372-1922
  • Listing Agent: Hap Albers

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Carpet, Laminate, Tile

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Cross Street: Martin Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $388/SqFt

Tax Information:

  • Annual Amount: $1,913
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gilroy, CA.

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Gilroy, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$535

Avg. Days On Market

55

# of Sold Homes

28

7560 Chestnut St vs Gilroy

82 DAYS ON ROCKET

+27 Days

$1,299,000

+$200K More

$388/SqFt

-$147 Less

KEY TAKEAWAY

This property is $200K more than the Median Sold Price and $147/SqFt less than other homes in Gilroy, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81983489

Listing Office:

  • Office Name: Albers Real Estate Investment Company
  • Office Phone: (831) 372-1922
  • Listing Agent: Hap Albers

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,913$138,678
2020$1,912$137,257
2019$1,778$134,567
2018$1,778$131,930
2017$1,811$129,344

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-66609
3
/10

  • Eliot Elementary School

  • 475 Old Gilroy St

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-66610
4
/10

  • Glen View Elementary School

  • 600 E 8th St

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-66611
3
/10

  • El Roble Elementary School

  • 930 3rd St

  • 1.16 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,900. Typical income of Gilroy, CA residents is less than $35k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›Gilroy›95020›7560 Chestnut St

This home is located at 7560 Chestnut St in Gilroy, CA and zip code 95020 in the Downtown Gilroy neighborhood. This 3,350 square foot home, which was built in 1972, sits on a 0.34 acre lot. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $1,299,000.

Gilroy, CA housing market in December 2024 saw over 4 listings sold above listed price, more than 4 sold at listed price and over 18 sold below. The inventory of homes for sale in Gilroy, CA between November 2024 and December 2024 decreased by 25.5%. While the average time on the market in December 2024 was 55 days, the median list price was $1,099,000.

From Rocket Homes Real Estate and based on county public records data.

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