Off Market

Map

$1,150,000

20% Min Down

7648 Monterey ST

7648 Monterey Street, Gilroy, CA 95020

Commercial in Santa Clara

Loft | 0 Bath | 6,768 ft² | $170/ft² | - Cap Rate

Listed Sep 29th, 2020 (269 days)

Excellent opportunity awaits in this beautiful downtown Gilroy retail space. Amazing location, currently used as a boxing gym and fitness center. This property boasts 6786 Square feet of space that includes an expansive front area, office space, large back warehouse space, mezzanine converted into a rented studio apartment, garage and storage spaces. Plenty of parking and central location near to many businesses and restaurants.

The manager has listed the unit size as 6768 square feet.

Features & Amenities

Unit Amenities

Central A/C
Forced Air
Garage - Attached

Building Amenities

Central A/C
Forced Air
Garage - Attached

Building Policies

Learn more about 7648 Monterey Street, Gilroy, CA 95020

Listed By

History

Date	Event	Price
Jun 25, 2021	Relisted	$1,500,000 ListingHistoryRow::__set_state(array( 'event_date' => '2021-06-25', 'event_type' => 'Relisted', 'event_source' => NULL, 'event_value' => '$1,500,000', 'orig_value' => NULL, 'listing_id' => '14340549', 'unit' => '', 'building_id' => NULL, 'street_address' => '7648 Monterey ST', 'citystate' => NULL, 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', 'pretty_url' => 'https://www.realtyhop.com/building/7648-monterey-st/house/14340549', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '14340549', 'listing_id' => '14340549', 'created' => '2021-06-25 09:53:40', 'value_date' => '2021-06-25 09:53:40', 'key' => 'listing_status', 'orig_value' => '3', 'new_value' => '2', 'unit' => '', 'street_address' => '7648 Monterey ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', ), 1 => array ( 'id' => '14340549', 'listing_id' => '14340549', 'created' => '2021-06-25 09:53:40', 'value_date' => '2021-06-25 09:53:40', 'key' => 'price', 'orig_value' => '1199000', 'new_value' => '1500000', 'unit' => '', 'street_address' => '7648 Monterey ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
Jun 6, 2021	Off Market	- ListingHistoryRow::__set_state(array( 'event_date' => '2021-06-06', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Off Market', 'orig_value' => NULL, 'listing_id' => '14340549', 'unit' => '', 'building_id' => NULL, 'street_address' => '7648 Monterey ST', 'citystate' => NULL, 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', 'pretty_url' => 'https://www.realtyhop.com/building/7648-monterey-st/house/14340549', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '14340549', 'listing_id' => '14340549', 'created' => '2021-06-06 07:40:37', 'value_date' => '2021-06-06 07:40:37', 'key' => 'listing_status', 'orig_value' => '2', 'new_value' => '3', 'unit' => '', 'street_address' => '7648 Monterey ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
May 8, 2021	Listed	$1,199,000 ListingHistoryRow::__set_state(array( 'event_date' => '2021-05-08', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$1,199,000', 'orig_value' => NULL, 'listing_id' => '14340549', 'unit' => '', 'building_id' => NULL, 'street_address' => '7648 Monterey ST', 'citystate' => 'GILROY, CA', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', 'pretty_url' => 'https://www.realtyhop.com/building/7648-monterey-st-gilroy-ca/house/14340549', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))
Apr 24, 2021	Off Market	- ListingHistoryRow::__set_state(array( 'event_date' => '2021-04-24', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Off Market', 'orig_value' => NULL, 'listing_id' => '12065310', 'unit' => '', 'building_id' => NULL, 'street_address' => '7648 Monterey ST', 'citystate' => NULL, 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', 'pretty_url' => 'https://www.realtyhop.com/building/7648-monterey-st/house/12065310', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12065310', 'listing_id' => '12065310', 'created' => '2021-04-24 07:06:15', 'value_date' => '2021-04-24 07:06:15', 'key' => 'listing_status', 'orig_value' => '2', 'new_value' => '3', 'unit' => '', 'street_address' => '7648 Monterey ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
Jan 17, 2021	Price Drop	$1,150,000 ListingHistoryRow::__set_state(array( 'event_date' => '2021-01-17', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$1,150,000', 'orig_value' => '1500000', 'listing_id' => '12065310', 'unit' => '', 'building_id' => NULL, 'street_address' => '7648 Monterey ST', 'citystate' => NULL, 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', 'pretty_url' => 'https://www.realtyhop.com/building/7648-monterey-st/house/12065310', 'diff_amount' => '-$350,000', 'diff_pct' => -23.333333333333329, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12065310', 'listing_id' => '12065310', 'created' => '2021-01-17 17:35:47', 'value_date' => '2021-01-17 17:35:47', 'key' => 'price', 'orig_value' => '1500000', 'new_value' => '1150000', 'unit' => '', 'street_address' => '7648 Monterey ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
Nov 8, 2020	Relisted	- ListingHistoryRow::__set_state(array( 'event_date' => '2020-11-08', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Relisted', 'orig_value' => NULL, 'listing_id' => '12065310', 'unit' => '', 'building_id' => NULL, 'street_address' => '7648 Monterey ST', 'citystate' => NULL, 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', 'pretty_url' => 'https://www.realtyhop.com/building/7648-monterey-st/house/12065310', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12065310', 'listing_id' => '12065310', 'created' => '2020-11-08 07:01:17', 'value_date' => '2020-11-08 07:01:17', 'key' => 'listing_status', 'orig_value' => '3', 'new_value' => '2', 'unit' => '', 'street_address' => '7648 Monterey ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
Nov 7, 2020	Off Market	- ListingHistoryRow::__set_state(array( 'event_date' => '2020-11-07', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Off Market', 'orig_value' => NULL, 'listing_id' => '12065310', 'unit' => '', 'building_id' => NULL, 'street_address' => '7648 Monterey ST', 'citystate' => NULL, 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', 'pretty_url' => 'https://www.realtyhop.com/building/7648-monterey-st/house/12065310', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '12065310', 'listing_id' => '12065310', 'created' => '2020-11-07 08:16:40', 'value_date' => '2020-11-07 08:16:40', 'key' => 'listing_status', 'orig_value' => '2', 'new_value' => '3', 'unit' => '', 'street_address' => '7648 Monterey ST', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '-1', 'bathrooms' => '0', 'square_feet' => '6768', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))

Property Analysis

Price Estimate

$1,161,500

HopScore Market Price

$1,150,000

Current Asking Price

+$11,500

Difference from Asking

Cap Rate Analysis

Purchase Price Est. Rental Income * Property TaxesPer Month Maintenance & HOAPer Month

IncomePer Year ExpensesPer Year Operating ProfitPer Year

Operating Profit

$15,600

Purchase Price

$1,150,000

Cap Rate

1.36%

* Actual income may vary between $1,040 and $1,560 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Sales Rentals

Unit	Br	Ba	ft²	Closed	Price Common Charges

Unit	Br	Ba	ft²	Closed	Price Common Charges

Building Info

7648 Monterey Street

7648 Monterey Street, Gilroy, CA 95020

Want to find out who owns 7648 Monterey Street, Gilroy, CA 95020? Get detailed property transactions here.

Neighborhood

Stats & Trends

Median Asking

Above Asking

Sale Price/ft²

Days on Market

Schools

All (7) Elementary (0) Middle (0) High (0)

School	Type	Grades	Distance
Eliot Elementary	Elementary	KG to 5	0.54 mi
South Valley Middle	Middle School	6 to 8	0.37 mi
Gilroy High	High School	9 to 12	1.1 mi
Brownell Middle	Middle School	6 to 8	0.49 mi
Dr. Tj Owens Gilroy Early College Academy	High School	9 to 12	3.08 mi
Gilroy Special Ed Preschool		M	0.89 mi
Mt. Madonna High	High School	9 to 12	1.57 mi

School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

Property Price Down Payment % Down Payment $ Mortgage Amount Interest Rate Term (Years) Property TaxesPer Month Maintenance & HOAPer Month Homeowner's InsurancePer Month Principal & InterestPer Month Mortgage InsurancePer Month

$4,787

Per Month

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Overview

7648 Monterey ST

7648 Monterey Street, Gilroy, CA 95020

Features & Amenities

Unit Amenities

Building Amenities

Building Policies

Listed By

History

Property Analysis

Price Estimate

Cap Rate Analysis

Comparables

Units for sale near 7648 Monterey ST

Units for rent near 7648 Monterey ST

Building Info

Neighborhood

Stats & Trends

Schools

Mortgage Payment Calculator

Recent Transactions at 7648 Monterey ST

Transaction history for 7648 Monterey Street

Apartments for Sale at 7648 Monterey Street

Apartments for Rent at 7648 Monterey Street

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Learn more about 7648 Monterey ST