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Active MLS ML82062240

1180 Driftwood TER

$2,475,000

1180 Driftwood TER, Gilroy, CA, 95020

8,336 sqft

Listing courtesy of Jimmy Castellanos, Marcus & Millichap
Listing broker contact: 408-483-5040 · jimmy.castellanos@marcusmillichap.com

Description

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.

Listing details

MLS #
ML82062240
Status
Active
Property type
FiveOrMoreUnits
Living area
8,336 sqft
Lot size
22,000 sqft
Year built
1965
Garage
0
List price
$2,475,000
List date
2026-09-22
Listing agent
Jimmy Castellanos
Listing office
Marcus & Millichap

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Based on information from the MLSListings MLS as of November 5, 2026 11:05 PM PST. 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.

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