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Sold on 12/30/2025
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7521 Chestnut St, Gilroy, CA 95020

$840,000

Last sold 12/30/2025 after 318 Days

  • 4

    bed

  • 2

    bath

  • 1,546

    Sqft ($543/Sqft)

Multi-family not for sale
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About 7521 Chestnut St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 7,100 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Great investment with great income, two home on one parcel, front house with 3 bedroom 1 bath including garage conversion with 820 sq-ft not counting garage conversion. back house with 3/1/ including carport conversion with 730 sq-ft, carport conversion is not included in the sq-ft. Both homes have large backyard and laundry room. Individual PG&E and water meter for both homes. Both houses are rented and both tenants like to stay.
Listed by
Listing Agent - Mike Masoumi
Listing Office - RE/MAX Santa Clara Valley
Source: MLSListings mls logo
MLS#ML82025060 • last updated 10 months ago
Movoto checked MLSListings for data 5 minutes ago
Overview
Cooling/AC Window / Wall Unit
Heating Wall Furnace
Levels/Style Cottage
Type Residential Income (2-4 Units)
MLS # ML82025060
SqFt 1546
SubType Duplex
Lot Size (Acres) 0.163
Year Built 1940
Interior
Laundry Washer / Dryer
Kitchen 220 Volt Outlet, Countertop - Tile, Cooktop - Gas, Hood Over Range, Microwave, Oven Range - Electric, Oven Range, Refrigerator, Oven - Electric
Flooring Laminate, Tile, Carpet, Vinyl / Linoleum, Hardwood
Accessibility Features None
Exterior
Foundation Crawl Space
Roof Composition
Construction Wood, Wood Frame
Garage/ Parking Desc Carport
# Parking Spaces 2
# Garage Spaces 1
Yard/ Grounds Back Yard, Fenced, BBQ Area
Lot Description Grade - Level
Amenities / Utilities
Water Sources Individual Water Meter
Sewer/ Septic Sewer - Public, Sewer Connected
Energy Features None
Utilities Public Utilities, Natural Gas
Communications Cable TV
Security Features None
HOA Amenities None
Location
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
APN 841-05-009
Zoning R1
Multifamily Details
Unit 1: # Full Baths 1
Unit 1: # Bedrooms 2
Unit 1: Rent 2577
Unit 2: # Bedrooms 2
Unit 2: # Full Baths 1
Unit 2: SqFt 706
Unit 2 Rent 2640
Unit 1: SqFt 840
Total # of Units 2
# Buildings 2
$849K
Range: $762K-$937K
Last 30 days 
Rental est.: $4,100/month
Gross rent multiplier: 17.1
  • Dec 2025
    mls logo MLS # ML82025060
  • Dec 30, 2025 Sold
    $840,000 (-2.3%)
  • Dec 2, 2025 Pending
    —
  • Oct 16, 2025 Listed
    $899,500
  • Oct 16, 2025 Listed
    $899,500
  • Dec 2025
    mls logo MLS # ML82027641
  • Dec 2, 2025 Pending
    —
  • Nov 14, 2025 Listed
    $859,500
  • Nov 14, 2025 Listed
    $859,500 (-4.4%)
  • Jul 2025
    mls logo MLS # ML81997210
  • Jul 1, 2025 Price Change
    $899,500 (-5.3%)
  • Mar 10, 2025 Listed
    $950,000
  • Mar 10, 2025 Listed
    $950,000
  • Mar 2025
    mls logo MLS # ML81997191
  • Mar 13, 2025 Listed
    $950,000
  • Mar 10, 2025 Listed
    $950,000
  • Feb 2025
    mls logo MLS # ML81992784
  • Feb 4, 2025 Listed
    $950,000 (+201.6%)
  • Oct 2012
    mls logo MLS # ML81214404
  • Oct 4, 2012 Sold
    $315,000 (+14.5%)
  • Apr 19, 2012 Listed
    $275,000
  • Apr 19, 2012 Listed
    $275,000 (-62.8%)
  • Nov 2006
    mls logo MLS # ML80660154
  • Nov 15, 2006 Sold
    $739,000
  • Sep 25, 2006 Listed
    $739,000
  • Sep 25, 2006 Listed
    $739,000
  • Year Property taxes Tax assessment
  • 2025
    $4,868 +1.6%
    $387,886 +2.0%
  • 2024
    $4,791 +0.6%
    $380,282 +2.0%
  • 2023
    $4,763 -5.6%
    $372,827
  • 2022
    $5,043 +8.2%
    $372,827 +4.04%
  • 2021
    $4,662 +1.1%
    $358,351 +1.04%
  • 2020
    $4,611 +8.0%
    $354,678 +2.0%
  • 2018
    $4,269 -2.0%
    $347,725 +4.04%
  • 2017
    $4,357 +2.2%
    $334,224 +2.0%
  • 2016
    $4,265 +5.9%
    $327,672
  • 2015
    $4,026
    —
  • 7521 Chestnut St
    $840K
  • Morgan Hill / Gilroy / San Martin
    —
  • 95020
    $1.13M -8% y/y
  • Gilroy
    $1.13M -8% y/y
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Statistics calculated by Movoto

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4/10
Eliot Elementary School
public Grades K-5
Gilroy Unified School District
6/10
Brownell Middle School
public Grades 6-8
Gilroy Unified School District
5/10
Solorsano Middle School
public Grades 6-8
Gilroy Unified School District
6/10
Gilroy High School
public Grades 9-12
Gilroy Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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