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Listed by Marcus & Millichap, Jimmy Castellanos, Joshua Johnson Listing Contact: 408-483-5040
8,336 sqft

$2,475,000

1180 Driftwood TER, Gilroy CA, 95020

Price per sqft$296.90
Built in1965
Property size8,336 sqft
Property typeResidential

Overview

Active

Listed Sep 22, 2026

Updated 2 days ago

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.

$16,466/mo

Est. mortgage payment based on a $2,475,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82062240

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.51 Acres
MLS provider logo

Listed by Marcus & Millichap, Jimmy Castellanos DRE:02024152, Joshua Johnson
Listing Contact: 408-483-5040 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jen Marley Bright shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Jen Marley Bright are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 2:33 PM UTC, 9/28/2026

 

 

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