332 Lewis ST, Gilroy, CA 95020

$599,900
3
BD
1
BA
1,551
SqFt

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List Price
$599,900
MLS#
ML82049555
Status
ACTIVE
Property Type
res
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Sqft. of Residence
1,551
Listing Area
Morgan Hill / Gilroy / San Martin
Year Built
1924

Property Description

Investor Special Gilroy Development Opportunity 332 Lewis St Unit 1/2, Gilroy, CA 95020 (APN: 841-05-002) Rare opportunity to acquire a single-family residence in the rapidly growing Gilroy market. Opportunities like this are increasingly scarce in Santa Clara County, especially at this price point. Property Highlights: Approx. 1,551 SF living area Approx. 7,100 SF flat lot Ideal for renovation, expansion, or redevelopment Multiple exit strategies: Fix & Flip, Buy & Hold, Rebuild, or Develop Asking Price: $575,000 Estimated ARV: $875,000+ (Buyer to Verify) Why this deal stands out: Significant value-add opportunity Large lot with potential for expansion and/or ADU (buyer to verify) Convenient location near downtown Gilroy, schools, parks, shopping, and major commuter routes Strong upside potential for investors, contractors, and developers Bonus Opportunity: The front parcel at 332 Lewis St (APN: 841-05-087) is also available for $100,000. Acquire both parcels to maximize future development potential and unlock additional value. Investor Terms: Sold AS-IS Cash or hard money preferred Opportunities like this rarely come to market. Serious investors, contractors, and developers are encouraged to act quickly.

Additional Information

Age
102
Cooling System
None
Family Room
Separate Family Room
Foundation
Crawl Space
Garage Parking
Uncovered Parking
Heating System
No Heating
Living Area
1,551
County
Santa Clara
Neighborhood
Morgan Hill / Gilroy / San Martin
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R1

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Calculator source: Real Geeks

Listing courtesy of Peter Quan Nguyen from Bay Realty. 408-892-9600

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