7487 Rogers Ln

$1,577,000
Last Sold Price
Beds
Baths
3,876 Sq. Ft.
$407 / Sq. Ft.
3,876
Sq. Ft.
$407
per Sq. Ft.

Description

This well-maintained, cash-flowing 5-unit property in Gilroy is a rare find and wont last long. Each of the spacious two-bedroom, one-bath units provides a strong, reliable income stream, making this an excellent addition to any investors portfolio. With an on-site laundry room and a mix of covered and uncovered parking, this property offers key amenities that attract long-term tenants. Major upgrades have already been completed, including a partial sewer lateral replacement, full copper plumbing,...This well-maintained, cash-flowing 5-unit property in Gilroy is a rare find and wont last long. Each of the spacious two-bedroom, one-bath units provides a strong, reliable income stream, making this an excellent addition to any investors portfolio. With an on-site laundry room and a mix of covered and uncovered parking, this property offers key amenities that attract long-term tenants. Major upgrades have already been completed, including a partial sewer lateral replacement, full copper plumbing, and a durable roof and concrete driveway installed approximately 20 years ago. The location is unbeatable. Situated between Eliot Elementary and South Valley Middle School, this property is perfect for families. Its just minutes from Downtown Gilroys shops and restaurants, and right around the corner from major employers like Kaiser Hospital, Costco, and the Gilroy Premium Outlets. With quick access to major highways, tenants can easily commute to Silicon Valley, making this a highly desirable rental location. Opportunities like this dont come often. Secure this high-performing asset today before its gone!

Listing Agents

  1. Tyler Charron

    Tyler Charron

    Listing Agent

    Compass

    DRE #02201795

    tyler.charron@compass.com

    P: (925)-488-3362

  2. Tony Zizzo

    Tony Zizzo

    Alternative Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: (408)-772-8661

Property Details for 7487 Rogers Lane

MLS City Name
GILROY
Building Type
Other
Style
Other
Garage Spaces
0
Parking Spaces
8
LISTING UPDATED: 12/04/2025 11:11 AM

Property Details for 7487 Rogers Lane

StatusSold
MLS #ML82016318
Days on Compass20
Taxes$19,815 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1977
Lot Size0.26 AC / 11,360 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, Tyler Charron, DRE #02201795; Compass, Tony Zizzo, DRE #01962093

Sold By Berkshire Hathaway HS Real Time Realty, Rosa Figueroa, DRE #01757253

Add your commute

Building Information for 7487 Rogers Lane

Stories-Residences-Year Built1977Building Size-Lot Size0.26 AC / 11,360 SF

Payment Calculator

$9,444 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,793

Property Taxes

$1,651

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7487 Rogers Lane

Features
Features
  • Fireplace: No
  • Laundry: Coin Operated, Washer / Dryer
  • Living SqFt: 3876
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Morgan Hill / Gilroy / San Martin
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 7487
  • Street Name: Rogers
  • Street Suffix: Lane
  • Area ID: 1
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 3876
  • Structure SqFt Source: Assessor
  • Age: 48
Development Information
  • Zoning Detail: R3
Location Information
  • Parcel Number: 841-53-004
  • County Name: Santa Clara
  • City Name: GILROY
  • City Postal ID: 21
  • Postal Code: 95020
  • Elementary School District: 478
  • High School District Text: Gilroy Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .26
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $19,815
  • Capitalization Rate: 5.12
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,800
  • Expense Landscape: $1,500
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $5,110
  • Expenses Other: $252
  • Expenses Utility: $5,528
  • Expenses Total: $38,005
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 13.09
  • Income Annual Gross: $122,686
  • Income Annual Rental: $124,080
  • Income Gross Scheduled: $126,480
  • Income Other: $2,400
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2

Property History for 7487 Rogers Lane

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Sold

MLSListings #ML82016318

$1,577,000
Nov 7, 2025

Sold

EBRD #ML82016318

$1,577,000
Oct 28, 2025

Sold (Public Record)

Public Record #1919978558

$1,577,000
Aug 18, 2025

Price Change

EBRD #ML82016318

$1,655,000
Aug 18, 2025

Price Change

MLSListings #ML82016318

$1,655,000
Aug 18, 2025

Pending

MLSListings #ML82016318

Aug 18, 2025

Pending

EBRD #ML82016318

Aug 18, 2025

Contingent - Show

MLSListings #ML82016318

Jul 30, 2025

Listed (Active)

EBRD #ML82016318

$1,625,000
Jul 29, 2025

Listed (Active)

MLSListings #ML82016318

$1,625,000
Apr 29, 2025

Withdrawn

EBRD #ML81992225

Apr 29, 2025

Withdrawn

MLSListings #ML81992225

$1,695,000
Mar 18, 2025

Price Change

EBRD #ML81992225

$1,695,000
Mar 18, 2025

Price Change

MLSListings #ML81992225

$1,695,000
Mar 10, 2025

Price Change

EBRD #ML81992225

$1,745,000
Mar 10, 2025

Price Change

MLSListings #ML81992225

$1,745,000
Feb 24, 2025

Price Change

EBRD #ML81992225

$1,760,000
Feb 24, 2025

Price Change

MLSListings #ML81992225

$1,760,000
Jan 30, 2025

Listed (Active)

EBRD #ML81992225

$1,795,000
Jan 30, 2025

Listed (Active)

MLSListings #ML81992225

$1,795,000
Nov 1, 2024

Expired

EBRD #ML81972923

Oct 31, 2024

Expired

MLSListings #ML81972923

$1,885,000
Oct 22, 2024

Temporarily Off Market

EBRD #ML81972923

Oct 22, 2024

Temporarily Off Market

MLSListings #ML81972923

$1,885,000
Sep 18, 2024

Price Change

EBRD #ML81972923

$1,885,000
Sep 2, 2024

Price Change

EBRD #ML81972923

$1,893,000
Sep 2, 2024

Price Change

MLSListings #ML81972923

$1,893,000
Aug 21, 2024

Price Change

EBRD #ML81972923

$1,905,000
Aug 21, 2024

Price Change

MLSListings #ML81972923

$1,905,000
Jul 29, 2024

Price Change

EBRD #ML81972923

$1,925,000
Jul 29, 2024

Price Change

MLSListings #ML81972923

$1,925,000
Jul 12, 2024

Listed (Active)

EBRD #ML81972923

$1,950,000
Jul 12, 2024

Listed (Active)

MLSListings #ML81972923

$1,950,000
DateEvent & SourcePrice
11/07/2025

Sold

MLSListings #ML82016318

$1,577,000
11/07/2025

Sold

EBRD #ML82016318

$1,577,000
10/28/2025

Sold (Public Record)

Public Record #1919978558

$1,577,000
08/18/2025

Price Change

EBRD #ML82016318

$1,655,000
08/18/2025

Price Change

MLSListings #ML82016318

$1,655,000
08/18/2025

Pending

MLSListings #ML82016318

08/18/2025

Pending

EBRD #ML82016318

08/18/2025

Contingent - Show

MLSListings #ML82016318

07/30/2025

Listed (Active)

EBRD #ML82016318

$1,625,000
07/29/2025

Listed (Active)

MLSListings #ML82016318

$1,625,000
04/29/2025

Withdrawn

EBRD #ML81992225

04/29/2025

Withdrawn

MLSListings #ML81992225

$1,695,000
03/18/2025

Price Change

EBRD #ML81992225

$1,695,000
03/18/2025

Price Change

MLSListings #ML81992225

$1,695,000
03/10/2025

Price Change

EBRD #ML81992225

$1,745,000
03/10/2025

Price Change

MLSListings #ML81992225

$1,745,000
02/24/2025

Price Change

EBRD #ML81992225

$1,760,000
02/24/2025

Price Change

MLSListings #ML81992225

$1,760,000
01/30/2025

Listed (Active)

EBRD #ML81992225

$1,795,000
01/30/2025

Listed (Active)

MLSListings #ML81992225

$1,795,000
11/01/2024

Expired

EBRD #ML81972923

10/31/2024

Expired

MLSListings #ML81972923

$1,885,000
10/22/2024

Temporarily Off Market

EBRD #ML81972923

10/22/2024

Temporarily Off Market

MLSListings #ML81972923

$1,885,000
09/18/2024

Price Change

EBRD #ML81972923

$1,885,000
09/02/2024

Price Change

EBRD #ML81972923

$1,893,000
09/02/2024

Price Change

MLSListings #ML81972923

$1,893,000
08/21/2024

Price Change

EBRD #ML81972923

$1,905,000
08/21/2024

Price Change

MLSListings #ML81972923

$1,905,000
07/29/2024

Price Change

EBRD #ML81972923

$1,925,000
07/29/2024

Price Change

MLSListings #ML81972923

$1,925,000
07/12/2024

Listed (Active)

EBRD #ML81972923

$1,950,000
07/12/2024

Listed (Active)

MLSListings #ML81972923

$1,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7487 Rogers Lane

Taxable ValueLand$215,550Additions$287,403Total$502,953
Tax Record2025$6,390 ($532 / month)
Home Facts
Total Finished SqFt3,876 SqFtAbove Grade Finished SqFt3,876 SqFtStories2Lot Size11,360 SqFtStyleMulti-Family Res (5+ Units)Year Built1977ZoningR3CountySANTA CLARAAPN841-53-004Fireplace TypeHas Fireplace

Schools near 7487 Rogers Lane

This home is within Gilroy Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Eliot Elementary School
PublicK to 5

Brownell Middle School
Public6 to 8

Solorsano Middle School
Public6 to 8

Gilroy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Tyler Charron, DRE #02201795; Compass, Tony Zizzo, DRE #01962093

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.