$599,900
332 Lewis Street, Gilroy, CA 95020
55% below the Gilroy median of $1.3M (80 active listings)
40% of Gilroy listings have cut their price · half have been listed 54+ days
About this home
Investor Special Gilroy Development Opportunity 332 Lewis St Unit 1/2, Gilroy, CA 95020 (APN: 841-05-002) Rare opportunity to acquire a single-family residence in the rapidly growing Gilroy market. Opportunities like this are increasingly scarce in Santa Clara County, especially at this price point. Property Highlights: Approx. 1,551 SF living area Approx. 7,100 SF flat lot Ideal for renovation, expansion, or redevelopment Multiple exit strategies: Fix & Flip, Buy & Hold, Rebuild, or Develop Asking Price: $575,000 Estimated ARV: $875,000+ (Buyer to Verify) Why this deal stands out: Significant value-add opportunity Large lot with potential for expansion and/or ADU (buyer to verify) Convenient location near downtown Gilroy, schools, parks, shopping, and major commuter routes Strong upside potential for investors, contractors, and developers Bonus Opportunity: The front parcel at 332 Lewis St (APN: 841-05-087) is also available for $100,000. Acquire both parcels to maximize future development potential and unlock additional value. Investor Terms: Sold AS-IS Cash or hard money preferred Opportunities like this rarely come to market. Serious investors, contractors, and developers are encouraged to act quickly.
Property details
- Property type
- Single Family
- Year built
- 1924
- Listed
- 58 days ago
- MLS #
- 82049555
- Listed by
- Peter Quan Nguyen · Bay Realty
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Location
Approximate location based on the listing address.
