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111 5th St, Gilroy, CA, 95020

4beds
2baths
2,088sqft
$999,000
$478price/sqft
$6,709/moest. monthly cost
$268,360/yrincome needed

About This Home

Great opportunity in developing downtown Gilroy. The zoning (Transitional District) provides lots of flexabilty. This property could be 3 residential units, or an office with two residential units. The main structure has lots of room with a spacious main room with fireplace, two secondary rooms, and two sunporchs for other uses. A kitchen, laundry area and bath make this usable as an office or residential space. The back entrance of the main home is served by an easy access ramp. Upstairs is an apartment with kitchen, bath, main room and bedroom. The original garage for the home has been converted to a permitted secondary dwelling unit, with one parking space. Newer roof and fresh paint in main home and redone interior in the secondary dwelling unit. Come take a look!

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
82
BikeVery Bikeable

Schools

3/10
5/10
Brownell Middle SchoolGrades 6-80.5 mi
5/10
Gilroy High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Oven/Range
  • Laundry features: Inside

Bathroom

  • Features: ShoweroverTub1, StallShower2plus, FullonGroundFloor

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: EatinKitchen, NoFormalDiningRoom, NoInformalDiningRoom

Family Room

  • Features: Other

Features

  • Flooring: Vinyl Linoleum,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning

Heating & Cooling

  • Heating features: Central Forced Air,Electric
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,088
  • Total interior livable area: 2,088 sqft

Property

Accessibility

  • Accessibility features: Customized Wheelchair Accessible

Details

  • Parcel number: 79906026
  • Zoning: TD
  • Special condition: Standard

Features

  • Stories: 2

Lot

  • Lot size: 5,700 sqft

Parking

  • Total spaces: 1
  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,051$60,612
Home Insurance *$173$2,076
Property Taxes $1,038$12,456
Electricity $447$5,372
Total$6,709$80,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$230,022/yr
40% on housing$201,270/yr
45% on housing$178,906/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$478This listing

vs Other Active Listings

Avg $/sqft

ZIP 95020$539
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95020$508
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Listed for sale$1,100,000
2008-02-14Listing removed$699,000
2007-12-05Listed for sale$699,000

For Sale by Agent

AgentPatty Filice
BrokerageChristie's International Real Estate Sereno

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