Log In/Sign Up
Your email has been sent.
8275 Westwood Dr 10 Unit Apartment Building $4,033,288 CAD ($403,329 CAD/Unit) 4.79% Cap Rate Gilroy, CA 95020
Investment Highlights
- Value-Add Gilroy Investment Opportunity
- Convenient Property Amenities
- Nearby Transportation Corridors
- Individually Metered Utilities
- Quick Access to Dining, Shopping, and Entertainment
Executive Summary
8275 Westwood Dr is a well-situated 10-unit apartment complex located in the heart of Gilroy, CA. Situated on a 24,245-square-foot parcel, the property was originally constructed in 1976 and has a gross building area of approximately 7,313 square feet, offering tenants spacious single-story two-bedroom and one-bedroom floor plans. Residents enjoy convenient amenities including carport parking, on-site laundry facilities, and private backyards.
The property presents investors with a rare opportunity to acquire an exceptional asset in the thriving city of Gilroy, located just 2.1 miles from The Premium Gilroy Outlets, which features 145 outlet stores attracting shoppers and tourists from across the Bay Area. It is also within walking distance (0.9 miles) of Town Plaza Shopping Center, offering a variety of dining, shopping, and entertainment options. Nearby attractions include the Annual Gilroy Garlic Festival and Gilroy Gardens theme park, both drawing visitors from around the country.
8275 Westwood Dr benefits from its prime location with convenient access to major transportation corridors including Highway 101, CA-25, and CA-152, providing South Bay Area commuters quick connections to San Jose, Watsonville, Salinas, Monterey, and other surrounding areas. The investment appeal of this asset is strengthened by Gilroy’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Gilroy, 8275 Westwood Dr offers an attractive investment opportunity due to its accessibility to the Bay Area and proximity to top regional employers.
The property presents investors with a rare opportunity to acquire an exceptional asset in the thriving city of Gilroy, located just 2.1 miles from The Premium Gilroy Outlets, which features 145 outlet stores attracting shoppers and tourists from across the Bay Area. It is also within walking distance (0.9 miles) of Town Plaza Shopping Center, offering a variety of dining, shopping, and entertainment options. Nearby attractions include the Annual Gilroy Garlic Festival and Gilroy Gardens theme park, both drawing visitors from around the country.
8275 Westwood Dr benefits from its prime location with convenient access to major transportation corridors including Highway 101, CA-25, and CA-152, providing South Bay Area commuters quick connections to San Jose, Watsonville, Salinas, Monterey, and other surrounding areas. The investment appeal of this asset is strengthened by Gilroy’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Gilroy, 8275 Westwood Dr offers an attractive investment opportunity due to its accessibility to the Bay Area and proximity to top regional employers.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,033,288 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $403,329 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.55 AC |
| Cap Rate | 4.79% | Building Size | 7,313 SF |
| Gross Rent Multiplier | 14.33 | Average Occupancy | 97% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1976 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Zoning | R3, Gilroy - Medium Density Residential | ||
| Price | $4,033,288 CAD |
| Price Per Unit | $403,329 CAD |
| Sale Type | Investment |
| Cap Rate | 4.79% |
| Gross Rent Multiplier | 14.33 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 7,313 SF |
| Average Occupancy | 97% |
| No. Stories | 1 |
| Year Built | 1976 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | R3, Gilroy - Medium Density Residential |
Amenities
Unit Amenities
- Ceiling Fans
- Kitchen
- Walk-In Closets
- Yard
- Lawn
- Large Bedrooms
Site Amenities
- Laundry Facilities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 640 |
| 2+1 | 3 | - | 840 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 790-43-012 | Total Assessment | $2,530,307 CAD (2025) |
| Land Assessment | $1,098,954 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,431,353 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
790-43-012
Land Assessment
$1,098,954 CAD (2025)
Improvements Assessment
$1,431,353 CAD (2025)
Total Assessment
$2,530,307 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
8275 Westwood Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.