2160 Pacheco Pass Highway, Gilroy, California 95020, Gilroy, - bed, bath

home-pic
ACTIVE$400,000
2160 Pacheco Pass Highway, Gilroy, California 95020
2Beds
1Bath
318Sqft
2,568Lot
Year Built
1935
Close
-
List price
$400K
Original List price
$475K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012723
Home ConditionPoor
Features
View-

About this home

Opportunity knocks in Gilroy! This multi-structure property is perfect for investors, contractors, or buyers looking for a fixer with incredible potential. The original, single-story home includes a compact kitchen, living area, a full bathroom, and an unfinished basement - all in need of renovation. A separate, detached, unpermitted living unit features a quaint kitchen, cozy living room, breakfast nook, one downstairs bedroom, and two attic-style rooms upstairs. This unit was built without a permanent foundation and currently rests on wood supports - bring your vision and contractor to explore retrofit options. In addition, you will also find a detached laundry room and a detached 3-car garage (garage space is unpermitted). This property is located in an area with convenient access to shopping, dining, and Highway 101. With vision and renovation, this could be a great investment or multi-use property. Property is being sold as-is and requires significant work. Buyer to verify all square footage, permits, and potential uses.

Price History

Date
Event
Price
09/14/25
Price Change
$400,000-5.9%
08/20/25
Price Change
$425,000-10.5%
06/27/25
Listing
$475,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (122 Listings)
Beds24
5%
Baths13
2%
Square foot3182,449
1%
Lot Size2,5687,020
3%
Price$400K$1.2M
1%
Price per square foot$1,258$518
99%
Built year19351998
5%
HOA$135
Days on market131152
33%
Condition Rating
Poor

Built in 1935, this property is explicitly described as a 'fixer' that 'requires significant work' and is 'all in need of renovation.' The most critical issue is a separate, unpermitted living unit built without a permanent foundation, resting on wood supports, indicating severe structural and safety defects. The main house's kitchen features outdated tile countertops, old cabinets, and a mix of old and newer appliances, while the bathroom is very basic, old, and shows visible damage. These conditions align with the 'Poor' criteria, requiring substantial repairs and rehabilitation due to significant defects affecting safety, soundness, and structural integrity.
Pros & Cons

Pros

High Investment Potential: Explicitly marketed as a 'fixer with incredible potential' for investors, contractors, or buyers seeking a value-add opportunity, suggesting significant upside post-renovation.
Multi-Structure Property: Features an original home, a separate detached living unit, a detached laundry room, and a detached 3-car garage, offering versatility for various uses or potential income streams.
Strategic Location: Boasts convenient access to shopping, dining, and Highway 101, enhancing its appeal for future occupants or tenants.
Significant Price Reduction: The property has undergone substantial price drops from its original listing ($475,000 to $400,000), indicating a motivated seller and potential for a competitive purchase price.
Unfinished Basement: The original home includes an unfinished basement, providing an opportunity for future expansion, additional living space, or storage once properly renovated.

Cons

Extensive Renovation Required & As-Is Sale: The property is explicitly stated to be 'in need of renovation,' 'requires significant work,' and is 'sold as-is,' implying substantial financial and time investment for repairs and upgrades.
Unpermitted Structures & Foundation Issues: The detached living unit is unpermitted and lacks a permanent foundation, resting on wood supports, and the 3-car garage is also unpermitted, posing significant legal, structural, and financial risks.
Small Listed Square Footage & Age: The main home's listed square footage of 318 sqft is very compact, and the 1935 build year suggests potential for outdated systems, materials, and structural issues common in older properties.

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