Technical
Financial
Distress signals
Property profile

776 El Cerrito Way Gilroy, CA 95020

OFF-MARKET
Apartment buildings
Property ID
US09-0098720
6,354 SF 0.32 ac lot Built 1969
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1969
Construction WOOD
Total area 6,354 SF
Lot 0.32 ac (13,860 SF)
Zoning code R3
APN 790-23-004
UPID US09-0098720

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Skin Care Clinic

Location

776 El Cerrito Way Gilroy, CA 95020-4150
Gilroy metro Census 512513 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$713k
Blend (final) Blend
$970k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2014
$2.4M
2012
Price N/A
2012
Price N/A
2012
$1.7M
2011
Price N/A
2007
$1.3M

Zoning & alternative use

R3 · Gilroy, CA
Zoning description

R3 multiple-family residential district. ( Ord. No. 2013-08 , § 2 (Exh. A), 8-5-2013 ) § 30.7.20 Permitted uses and conditional uses. Land in the R3 multiple-family residential district may be used as provided in the res…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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