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    7487 Rogers Ln Gilroy, CA 95020-5847

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    7487 Rogers Ln Gilroy, CA 95020-5847


    • Apartment buildings
    • 3,876 SF
    • 0.26 lot acres
    Off-Market
    Property ID
    US10-2227055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $560,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 7487 Rogers Ln

    Year built
    1977
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    3,876 SF
    Zone code
    R3
    Property type
    Apartment buildings
    APN
    841-53-004
    APU
    84153004

    Description

    This exceptional 5-unit multifamily property located at 7487 Rogers Lane, Gilroy, CA, presents a compelling investment opportunity. The property boasts a total of 3,876 square feet situated on a 0.26-acre lot. Each of the five units comprises two bedrooms and one bathroom, providing spacious living areas for tenants. The property generates a consistent cash flow, thanks to the strong rental income from these well-maintained units. Tenant retention is enhanced by desirable amenities including an on-site laundry room and a mix of covered and uncovered parking spaces. Significant upgrades have been undertaken, ensuring long-term value and minimizing maintenance concerns. These improvements include a partial sewer lateral replacement, a complete copper plumbing system, and a durable roof and concrete driveway, all installed approximately 20 years ago. The property's location is a key advantage. Its proximity to Eliot Elementary and South Valley Middle School makes it highly attractive to families. Furthermore, its convenient location near Downtown Gilroy's vibrant shops and restaurants, along with major employers such as Kaiser Hospital, Costco, and the Gilroy Premium Outlets, ensures high tenant demand. Easy access to major highways provides convenient commutes to Silicon Valley, further enhancing the property's desirability. Priced at $1,795,000, this property represents a rare opportunity to acquire a well-maintained, cash-flowing multifamily investment in a highly sought-after location.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Gilroy
    County
    Santa Clara
    State
    California
    Longitude
    -121.562
    Latitude
    37.01
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,285
    $211,324
    $281,768
    $493,092
    -
    $0.00
    $0.00
    $0.00
    More about this property
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