Listing ID: ML81920006
Price: $4,200,000
Status: Active
Address: 1305 Buena Vista Ave
City: Gilroy
State: California
Postal Code: 95020
Bedrooms: 2
Total Baths: 2
Full Baths: 2
SqFt: 1,200
Acres: 19.431
County: Santa Clara
Gilroy
CA
95020
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.
Primary Features
County:
Santa Clara
Property Sub Type:
Single Family Home
Property Type:
Residential
Year Built:
1922
Zoning:
A-20A
Interior
Cooling:
None
Dining Room:
Other
Family Room:
Other
Heating:
Other
Maximum Number of Bedrooms:
2
Number of Stories:
1
Total Number of Beds:
2
External
Foundation:
Other
Garage Maximum:
1
Garage Minimum:
1
Garage Parking Features:
Detached Garage
Garage Spaces:
1
Lot Description:
Agricultural Use, Farm Animals (Permitted), Grade - Mostly Level, Subdivided, Surveyed
Lot Size Area Maximum Units:
Square Feet
Maximum Lot Size:
846423.07
Minimum Lot Size:
846423.07
Pool:
no
Roof:
Other
Location
Area:
Morgan Hill / Gilroy / San Martin
Area ID:
1
City Limits:
no
Cross Street:
Marcella Avenue
State or Province 1:
5
Additional
Additional Listing Info:
Not Applicable
Age:
101
Building Type:
Detached
Incorporated:
yes
Original Listing ID:
81920006
Parcel Number:
835-13-034
Sewer Septic:
Existing Septic
Structure SqFt:
1200
Structure SqFt Source:
Other
Water:
Well - Agricultural / Other
Financial
Zoning Info
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