loading

Account Settings

Change Email
Change Password

3050 Pacheco Pass Hwy

Gilroy, CA 95020
  • $1,299,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,061

    SqFt

About the Listing MLSL-29762 - MLSL-01908682

Amazing property! Income property plus 23 acres of farmland! GRM: 18.8 actual/13.5 proforma. CAP: 4.3 actual/6.4% proforma (numbers include estimated Fruit Stand income). Multiple streams of income: 3 rental units (original 3/1 house, barn converted to a 3/1, garage converted to nice 1/1) earning $36,000 (HUGE rental upside and no rent control!), 23 acres currently leased at $9,775/year, a permitted fruit stand that could net at least $24,000/year. Many other ways this property could generate income. Rents are about half what they should be. The property has 24.8 total acres on 2 parcels, 841-50-027 (13.8 acres) & 841-50-028 (11.0 acres) with fruit trees, grapes, vegetables, a utility shed, a "treehouse" for the kids, and 2 creeks at the back of the property. Property is on PG&E for both gas and electricity. Private well produces plenty of water to irrigate all 23 farmed acres and more. The 23 farmed acres are leased through Oct 31, 2018.

Listing Highlights for 3050 Pacheco Pass Hwy

Status Sold
Days on Site 118
Property Type Multi-Family
MLS ® ML81706900
Year Built 1962
Total Square Footage 2,061
Lot/Acreage 24.8

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Space Heater
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Well

Exterior Details

  • Lot Description: Level with Street,Lot-Level/Flat,Ranch
  • Garage Capacity: 0 car
  • Parking Spaces: 0
  • Zoning: A-40Ac-sr
  • Roof: Composition,Metal,Copper,Asbestos Shingle,Shingle
  • Others:
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Street,On Site,Oversized,Off Street,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

3050 Pacheco Pass Hwy Gilroy, CA 95020

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Listing Courtesy of Robert Moore, Losness Investment Real Estate

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
Back
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
Back
home

Would you like to schedule a consultation now?

Yes
No
Back

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo
Back

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value
Back