$5,250,000

590 Stoney Court, Gilroy CA, 95020

Price per sqft$328.95

Built in1984

Property size15,960 sqft

Property typeCommercial

Overview

Active

Listed Oct 15, 2026

Updated 4 days ago

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!!

Additional information

MLS^® ID: ML82064711

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.95 Acres

Other Property Details

Taxes: $63,000
Tax Frequency: Annually
Maintenance Expense: $5,490

Listed by Tom Antonopoulos, Real Property Investments, CA DRE 00492309

Listing Contact: 408-391-9546

Based on information from the CRISNet MLS as of 10/15/2026, 8:30 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.