7191 Eigleberry St

• 75% of Units 2 Bd 1.5 Townhouse Style
• Pitched Comp Roof with Mostly Stucco Exteriors
• Situated on Corner Lot with Ample Parking
• Individual Water Heaters
• On-Site Laundry Facility

Property Description

Mejia Realty Group at eXp Commercial is pleased to present the opportunity to acquire the 7191 Eigleberry Street Apartments, an eight-unit multifamily investment property located in the heart of Gilroy, California. Built in 1980, this well-maintained community presents a rare value-add opportunity in a low-vacancy, supply-constrained submarket of South Santa Clara County. With stable in-place income and significant upside through continued upgrades, the property offers strong fundamentals for both yield-focused and long-term investors. The unit mix includes six large two-bedroom, one-and-a-half-bath townhouse-style units approximately 1,000 square feet each and two one-bedroom, one-bath flat-style units approximately 700 square feet each (Buyer to verify Sqft). The townhouse-style layouts provide tenants with a desirable, home-like feel and enhanced privacy. Constructed with a durable stucco exterior and partial wood siding, the single building features a pitched composition shingle roof, partial dual-pane windows, and individual water heaters for tenant-controlled utility usage. On-site amenities include a laundry facility, and a mix of single car garages, tuck-under, and reserved parking—a rare advantage in a dense rental market. Interior upgrades have been completed in select units, including updated flooring and fixtures, while additional renovation opportunities remain to increase rental income. Each unit is equipped with wall-mounted heat and air conditioning systems, offering cost-efficient climate control. This asset’s functional design, proven rental demand, and value-add potential make it an ideal candidate for investors seeking cash flow, long-term growth, and a presence in one of the Bay Area’s most stable commuter markets.