782 El Cerrito Way

Gilroy, CA 95020

$1,475,000
Last Sold Price
Beds
3,496 Sq. Ft.
$422 / Sq. Ft.
3,496
Sq. Ft.
$422
per Sq. Ft.

Description

Extremely well maintained and completely updated 4-plex in desirable northwest area of Gilroy. All of the work has already been done for you to put these units in great shape. All four units are completely updated. 3 units were updated in 2019 and one unit was updated in 2017. Quality solid maple cabinets, luxury vinyl planking floors, new appliances, electrical, corian counters and shower surround, new shower enclosures, insulation, sheetrock, blinds, ceiling fans in living room and bedrooms, and...Extremely well maintained and completely updated 4-plex in desirable northwest area of Gilroy. All of the work has already been done for you to put these units in great shape. All four units are completely updated. 3 units were updated in 2019 and one unit was updated in 2017. Quality solid maple cabinets, luxury vinyl planking floors, new appliances, electrical, corian counters and shower surround, new shower enclosures, insulation, sheetrock, blinds, ceiling fans in living room and bedrooms, and paint, etc. Units are light and bright! Exterior was repainted and a new roof installed this year. Carport parking for each unit. Pictures are of one unit as a sample.
  1. Listed by Patty Filice • DRE #01081677 • Intero Real Estate Services

Property Details for 782 El Cerrito Way

MLS City Name
GILROY
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
0
Cross Street
Wren

Location

Listing Courtesy of Intero Real Estate Services, Patty Filice, DRE #01081677

Sold By Junction Realty Corporation, Kwokkin Chan, DRE #01317780

Add your commute
LISTING UPDATED: 02/10/2021 02:45 PM

Property Details for 782 El Cerrito Way

StatusSold
MLS #ML81818111
Days on Compass34
Taxes$1,705 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1968
Lot Size0.22 AC / 9,371 SF
CountySanta Clara County

Location

Listing Courtesy of Intero Real Estate Services, Patty Filice, DRE #01081677

Sold By Junction Realty Corporation, Kwokkin Chan, DRE #01317780

Add your commute

Building Information for 782 El Cerrito Way

Stories2Residences4Year Built1968Building Size-Lot Size0.22 AC / 9,371 SF

Payment Calculator

$8,192 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$142

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 782 El Cerrito Way

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
Features
  • Amenities: Walk-in Closet
  • Fireplace: No
  • Flooring: Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 3496
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Gas, Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 1
Property Details
Homeowners Association
  • HOA Exists: 0
Property Details
  • Area Text: Morgan Hill / Gilroy / San Martin
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 782
  • Street Name: El Cerrito
  • Street Suffix: Way
  • Area ID: 1
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3496
  • Structure SqFt Source: Assessor
  • Age: 52
Development Information
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Parcel Number: 790-23-003
  • County Name: Santa Clara
  • City Name: GILROY
  • City Postal ID: 21
  • Postal Code: 95020
  • Elementary School: 255
  • Elementary School District: 478
  • Middle School Text: South Valley Middle
  • High School District Text: Gilroy Unified
  • High School Text: Christopher High School
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .22
  • 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: 4
General Information
  • Annual Tax Amount: $1,705
  • Building Unit Total: 4
  • Capitalization Rate: 5.71
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,956
  • Expense Landscape: $2,400
  • Expense Maintenance: $0
  • Expense Management: $3,734
  • Expense Trash: $87
  • Expenses Other: $45
  • Expenses Utility: $5,340
  • Expenses Total: $15,267
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Exterminator, Miscellaneous/Other, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 14.85
  • Income Annual Gross: $100,980
  • Income Annual Rental: $97,980
  • Income Gross Scheduled: $100,980
  • Income Other: $3,000
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,770
Unit 2 Information
  • Unit 2 Approx Square Footage: 842
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,200
Unit 3 Information
  • Unit 3 Approx Square Footage: 874
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,995
Unit 4 Information
  • Unit 4 Approx Square Footage: 862
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,200
Unit Type 1
  • Unit Type1 Approx SqFt: 874

Property History for 782 El Cerrito Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 782 El Cerrito Way

Taxable ValueLand$1,040,400Additions$494,190Total$1,534,590
Tax Record2023$19,230 ($1,602 / month)
Home Facts
Total Finished SqFt3,496 SqFtAbove Grade Finished SqFt3,496 SqFtStories2Lot Size9,240 SqFtStyleQuadraplexYear Built1968ZoningR3CountySANTA CLARAAPN790-23-003Fireplace TypeHas Fireplace

Schools near 782 El Cerrito Way

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
Rod Kelley Elementary School
PublicK to 5

Solorsano Middle School
Public6 to 8

South Valley Middle School
Public6 to 8

Christopher 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intero Real Estate Services, Patty Filice, DRE #01081677

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.