About 1180 Driftwood Terrace
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.
Features of 1180 Driftwood Terrace
| MLS® # | ML82062240 |
|---|---|
| Price | $2,475,000 |
| Bathrooms | 0.00 |
| Acres | 0.51 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1180 Driftwood Terrace |
|---|---|
| Area | 699 - Not Defined |
| City | Gilroy |
| County | Santa Clara |
| Zip Code | 95020 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Roof | Composition, Shingle |
|---|
School Information
| District | Gilroy Unified |
|---|---|
| Elementary | Other |
| Middle | Other |
| High | Gilroy |
Additional Information
| Date Listed | September 22nd, 2026 |
|---|---|
| Days on Market | 8 |
| Zoning | R3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jimmy Castellanos |
|---|---|
| Office | Marcus & Millichap |