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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Listing Snapshot
Price
$2,475,000
Days On Site
4 Days
Bedrooms
N/A
Inside Area (SqFt)
8,336 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.505 Acres
Year Built
1965
MLS® Number
ML82062240
Status
Active
Property Tax
$30,063
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 days ago
Listing updated with changes from the MLS®
4 days ago
Listing first seen on site
General Features
Acres
0.505
Disclosures
None
Foundation
Concrete Perimeter
Parking
Carport
Parking Spaces
7
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
8336
Water Source
Public
Zoning
R3
Interior Features
Appliances
WasherWasher/Dryer
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
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Exterior Features
Construction Details
Frame
Pool Features
None
Roof
CompositionShingle
Community Features
School District
Gilroy Unified
Schools
School District
Gilroy Unified
Elementary School
El Roble Elementary
Middle School
Brownell Middle
High School
Gilroy High
Listed by of Jimmy Castellanos of Marcus & Millichap (408) 483-5040
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-09-26 09:29 PM UTC
Neighborhood & Commute
Source: Walkscore
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