1180 Driftwood Terrace Gilroy, CA $ 2,475,000
1180 Driftwood Terrace
$ 2,475,000
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1180 Driftwood Terrace

Gilroy, CA, 95020
$ 2,475,000
Bedrooms1 Baths-- Sq 8,336

Monthly Estimate*

$ 15,627

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Commercial Property for sale in Gilroy, CA

for $2,475,000 with 1 bedroom. This 8,336 square foot building was built in 1965 on a lot size of 0.505.

1180 Driftwood Terrace, an 11-unit multifamily investment opportunity located in Gilroy, California. Held by the same family since 1986, the property reflects nearly four decades of consistent, hands-on ownership a rare tenure that has preserved the asset's character while providing the operational continuity today's investors look for. Situated on an approximately 22,000-square-foot lot with 8,336 square feet of building area, 1180 Driftwood Terrace has been well maintained throughout its ownership history, offering an incoming buyer a proven income-producing asset with a stable operating foundation and clear runway for additional upside.

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Commercial Active

Price

$ 2,475,000

Bedrooms

1

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.505

Year Built

1965

Town/City

Gilroy

County/Region

Santa Clara

MLS | Web ID

ML82062240

Features
General
Living Area 8336
Heating Wall Furnace
Roof Composition Shingles
Zoning R3
Year Built 1965
Property Subtype Other
County Santa Clara
Property Type Commercial Sale
HOA false
Status Active
City Gilroy
MLS Area Listing
Lot Size Square Feet 22000
Standard Status Active
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Interior
Heating Y/N true
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Exterior
Water Source Public
Lot Size Area 22000
Building Area Total 8336
Lot Size Acres 0.505
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* Excluded Features
List By
Jimmy Castellanos

Listing Agent

Marcus & Millichap

Broker

jimmy.castellanos@marcusmillichap.com

Email

Affordability Calculator

$15,627
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,627
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$2,475,000 Listed Price

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1180 Driftwood Terrace, Gilroy, CA, 95020 is a Commercial Property for sale at $2,475,000 with 8,336 sqft and a lot size of 0.505. 1180 Driftwood Terrace has 1 bedroomsThe property's zip code is 95020 which is in Gilroy, CA