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4-Unit Apartment Building
For Sale
$1,599,000

1210 Juniper Dr, Gilroy, CA 95020

Four residential units feature two-bedroom, one-bath layouts near retail, dining, groceries, and everyday services.

Property Size3,605 SF
Price / SF$443.55
Days on Market47

Property Features for 1210 Juniper Dr

General Information

Standard status Active
Size 3,605 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Painting bids are pending

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Gross Rent Multiplier 14.18

Building Details

Year Built 1964
Listing Agency: Albers Real Estate Investment Company
Listed By: Hap Albers · License #01006595
Source: Pebblebeachproperties
Added: Sep 8 Changed: Oct 15 Last Checked: Oct 20 at 5:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Albers Real Estate Investment Company

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Investment Insights

Based on property information with market context.

This 3,605-square-foot quadplex, built in 1964, contains four two-bedroom, one-bath apartments averaging 900+ square feet per unit. The property has an asphalt composition roof that is roughly 15 years old, while painting bids are pending.

Located in West Gilroy, the complex sits one block south of 1st Street. Nearby amenities identified for the property include retail shops, restaurants, grocery stores, coffee shops, banks, pharmacies, and gyms. The offering reflects a 14.18 GRM.

Key Highlights

  • Four two‑bedroom, one‑bath units averaging 900+ sq. ft. per unit
  • 3,605‑square‑foot quadplex built in 1964
  • 14.18 GRM

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,364
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,280 $1.6M
Cap Rate 7%
$1,148,057 $1.1M
Cap Rate 9%
$892,933 $892.9K
Market Conditions
NOI Build-Up for 3,605 SF
Gross rent
$121.1K $33.60/SF
− Vacancy
−$6.3K −$1.75/SF
EGI
$114.8K $31.85/SF
− OpEx
−$34.4K −$9.55/SF
NOI
$80.4K $22.29/SF
Area
Santa Clara County, CA
Vacancy
5.22%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,280
Cap Rate 7%
$1,148,057
Cap Rate 9%
$892,933

Alternative Uses

Best Use
Multifamily LT 5
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,364 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$978.9K
$856.6K – $1.14M (±1% cap)
NOI $68,524 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M (±1% cap)
NOI $152,348 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

664
Businesses Nearby

Demographics for 95020, CA

68,090
Population
20,679
Households
3.3
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
151.8 sq mi
ZIP Area
449
Density / Sq Mi
$134,242
Median Household Income
$50,421
Median Earnings
$2,256
Median Rent
$1,005,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units feature two-bedroom, one-bath layouts near retail, dining, groceries, and everyday services.
Where is this quadplex located?
The property is located at 1210 Juniper Dr Gilroy, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Four two‑bedroom, one‑bath units averaging 900+ sq. ft. per unit; 3,605‑square‑foot quadplex built in 1964; 14.18 GRM
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