$599,900
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.
Facts & features
- Bedrooms
- 3
- Bathrooms
- 1 full
- Living area
- 1,551 sq ft
- Cooling
- None
- Lot size
- 0.163 acres (7,100 sq ft)
- Year built
- 1924
- Parking
- Uncovered
- Area
- 699 - Not Defined
- County
- Santa Clara
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 1
- Listed
- 2026-06-02
- Parcel #
- 84105002
- MLS #
- ML82049555