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$6,688,000
Listing Price4beds
2baths
1,300sqft
6,400sqft lot
55 E 1st St, Morgan Hill, CA 95037
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.
Interior Details
1300
4
2
Has Heating:
No
Heating Type:
None
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6400
No
No
Type:
No Garage
Location:
N/A
Status:
N/A
Number of Spaces:
0
No
No
No
No
Yes
No
No
Construction Details
Custom Design
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,439
$101,465
$13,677
--%
$115,142
2019
$1,477
$99,476
$13,409
--%
$112,885
2018
$1,479
$97,526
$13,147
--%
$110,673
2017
$1,464
$95,614
$12,890
--%
$108,504
2016
$1,367
$93,740
$12,638
--%
$106,378
2014
$1,349
$90,524
$12,206
--%
$102,730
2013
$1,344
$90,115
$12,151
--%
$102,266
2012
$1,243
$88,349
$11,913
--%
$100,262
Average Home Price in 95037
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