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Quadplex with Private Patios
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7060 Princevalle St, Gilroy, CA 95020

Two-bedroom apartments include private patios, on-site parking, and a separate storage room.

Property SizeContact for details
Days on Market141

Property Features for 7060 Princevalle St

General Information

Standard status Active
Total Parking Spaces 9
Property subtype Multifamily

Financials

Cap Rate 5.37%
Gross Rent Multiplier 13.87

Units

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

Additional Details

Highway Access Yes

Amenities

private patios

Building Details

Year Built 1964
Buildings 1
Listing Agency: Compass Commercial Real Estate
Listed By: Theodore Wong, CCIM · License #02016737
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:05PM

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 Compass Commercial Real Estate

Investment Insights

Based on property information with market context.

This four-unit apartment property in Gilroy was constructed in 1964 and contains four two-bedroom, one-bath residences. Each apartment includes a private patio, while the property provides nine parking spaces and a separate storage room. The storage area may be converted into a laundry room, subject to applicable requirements.

Situated on Princevalle St in the southern portion of Santa Clara County, the property offers access to US 101 and is located near local attractions. Residents pay for trash service, providing an established operating arrangement for ownership. The property is reported at a 5.37% Current CAP Rate and 13.87 GRM, with a 5.69% Pro Forma CAP Rate and 13.29 GRM.

Key Highlights

  • Four‑unit apartment property with four two‑bedroom, one‑bath residences
  • Nine parking spaces and a separate storage room
  • Private patios serving the apartment units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Garden Center Locksmith Grocery & Convenience Store Catering Service Home Appliance Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

574
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-bedroom apartments include private patios, on-site parking, and a separate storage room.
Where is this quadplex located?
The property is located at 7060 Princevalle St Gilroy, CA.
What are key features of this property?
This property features: Four‑unit apartment property with four two‑bedroom, one‑bath residences; Nine parking spaces and a separate storage room; Private patios serving the apartment units
(650) 228-9930 Call to check price and availability
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