285 W Main Avenue Morgan Hill, CA $ 1,499,000
285 W Main Avenue
$ 1,499,000
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285 W Main Avenue

Morgan Hill, CA, 95037
$ 1,499,000
Baths0.0 Sq 1,342

Monthly Estimate*

$ 9,465

Listed by Compass
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Studio

Multi-Family Home for sale in Morgan Hill, CA

for $1,499,000. This 1,342 square foot home was built in 1920 on a lot size of 0.4023.

Exceptional mixed-use investment opportunity in the heart of Morgan Hill! Situated on a 17,523 SF lot, this unique property offers immediate income and future development potential. The property features an approximately 723 SF commercial building occupied by a popular Boba Tea business, along with a separate 1,342 SF residential home offering 2 BD/2 BA. The residence is currently tenant-occupied, providing an additional income stream for investors. Located minutes from vibrant Downtown Morgan Hill, the property enjoys excellent visibility and convenient access to restaurants, shopping, Caltrain, and major commuter routes. Mixed-Use Neighborhood zoning creates exciting redevelopment possibilities. Conceptual plans for a multi-story mixed-use project have already been prepared and reviewed by the City of Morgan Hill, offering buyers valuable groundwork to explore expanded residential and commercial uses. Whether you're seeking a cash-flowing investment, live/work opportunity, or strategic redevelopment site, 285 W. Main Ave presents a rare chance to capitalize on both current income and long-term upside.

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,960

Style

Lot Size

0.4023

Year Built

1920

Town/City

Morgan Hill

County/Region

Santa Clara

MLS | Web ID

ML82050541

Days on Market

7

Features
General
Living Area 1342
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available
Possession Close Of Escrow
Roof Composition
Appliances Gas Cooktop
Zoning CC
Garage Spaces 0
Year Built 1920
Property Subtype Mixed Use
County Santa Clara
Insurance Expense 2100
Property Type Residential Income
HOA false
MaintenanceExpense 0
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street: Hale Ave.
City Morgan Hill
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 17523
Carport Spaces 2
Carport Y/N true
Tax Annual Amount 15960
Trash Expense 2016
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Mixed Use
Cap Rate 2.1
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Covered
Total Parking 6
Lot Size Area 17523
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 1342
Lot Size Acres 0.4023
Lot Size Source Other
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* Excluded Features
List By
Compass

Broker

david.zaria@compass.com

Email

Affordability Calculator

$10,795
Per Month
88%
12%
0%
Monthly Principal & Interest
$9,465
Monthly Property Taxes
$1,330
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
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2026$1,499,000 Listed Price

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285 W Main Avenue, Morgan Hill, CA, 95037 is a Multi-Family Home for sale at $1,499,000 with 1,342 sqft and a lot size of 0.4023. 285 W Main Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 95037 which is in Morgan Hill, CA