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Fourplex with Central Air

105 Sanchez DR Morgan Hill, CA 95037

105 Sanchez DR, Morgan Hill, CA, 95037
$2,400,000
For Sale
$2,400,000

MULTI_FAMILY - Morgan Hill, CA

Property Size3,172 SF
Lot Size0.31 Acres
Price / SF$756.62
Days on Market9

Property Features for 105 Sanchez DR

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R1
Bedrooms
8
Rooms
Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 8, Bedroom 4, Bedroom 1
Parking
5
Parking features
Oversize, Garage - Attached, Off Street
Appliances
Countertop - Granite, Dishwasher, Microwave, Refrigerator
Standard status
Active
Size
3,172 SF
Lot size
0.31 Acres

Utilities

Heating system
Forced Air, Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Number of units
4
Flooring type
Hardwood, Tile
Roof type
Composition
Architectural style
Ranch
Listing Agency Intero Real Estate Services
2690 S White Road #10, San Jose, CA
Listed by Eli Gonzalez · License #01212955
Added: Jul 9 Checked: Jul 17 at 7:06 pm
MLS# ML82037409 Listing URL

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This spacious fourplex offers multiple residential units within a single property on a 13,700-square-foot lot. The main home includes three bedrooms and two bathrooms, with hardwood and tile flooring throughout. Living spaces are designed for comfort, highlighted by a fireplace for cooler evenings, and climate control supported by central air conditioning.

The property is zoned R1 and is located at 105 Sanchez DR in Morgan Hill, California (95037). The site size provides room for an at-home residential setting while maintaining a practical configuration for multifamily ownership.

For buyers seeking a residential income property, this fourplex provides a straightforward layout with a well-finished main residence and supported heating/cooling options. The combination of hardwood and tile finishes, a fireplace, and central air conditioning may appeal to tenants looking for comfortable, move-in-ready living. Please note the listing information provided focuses on the main house’s specifications; confirm unit-by-unit details during due diligence.

Key Highlights

  • 4‑plex in Morgan Hill with 3,172 SF of living space on a 13,700 SF lot
  • Main home includes 3 bedrooms and 2 bathrooms
  • Central air conditioning plus additional window/wall units for year‑round comfort

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $106.6k $33.60
− Vacancy −$5.6k −$1.75
EGI $101.0k $31.85
− OpEx −$30.3k −$9.55
NOI $70.7k $22.29
3,172 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$883.9K – $1.18M (±1% cap)
NOI $70,711 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$861.3K
$753.7K – $1.00M (±1% cap)
NOI $60,293 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$1.91M
$1.68M – $2.23M (±1% cap)
NOI $134,049 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

rodriguez concrete construction General Contractor

Suggested Use

HVAC Service Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-appointed fourplex featuring a fireplace, hardwood and tile finishes, and central air for year-round comfort.
Where is this quadplex located?
The property is located at 105 Sanchez DR Morgan Hill, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 4‑plex in Morgan Hill with 3,172 SF of living space on a 13,700 SF lot; Main home includes 3 bedrooms and 2 bathrooms; Central air conditioning plus additional window/wall units for year‑round comfort
Contact an agent
More about this property
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