Property Detail

590 Stoney

Gilroy CA 95020

$5,250,000

Status: Active

Property Details

Description

Well maintained units in Gilroy. Great cap rate! Hundreds of thousands of $$ worth of improvements/repairs will make this a lasting investment*36 parking spaces along with street parking adds to the tenants needs*19 of which are covered in Carport*All units are 2 bedroom 1 bath*Most have been nicely remodeled throughout*Please note that units have their own hot water heater which lowers expenses for owner*SB 721 has been completed for decking requirements*Near to the Gilroy outlets, Costco and Walmart and less than one mile from the Cal Train Gilroy Station* Sound wall has been expanded at great expense*Has been professionally managed and rents have been raised*Over 16,600 sq ft of units on app .95 acre lot*This is ideal for your buyer or for an exchange!!Please do not disturb tenants*See Cap Rate!!

Map Location

Listing provided courtesy of Tom Antonopoulos of Real Property Investments. Last updated 2026-10-16 08:42:13.000000. Listing information © 2026 CRMLS.

The Lineup

The Lineup

admin Real estate https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg realtor https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg