About 332 Lewis Street
Investor Special Gilroy Development Opportunity 332 Lewis St Unit 1/2, Gilroy, CA 95020 (APN: 841-05-002) Rare opportunity to acquire a single-family residence in the rapidly growing Gilroy market. Opportunities like this are increasingly scarce in Santa Clara County, especially at this price point. Property Highlights: Approx. 1,551 SF living area Approx. 7,100 SF flat lot Ideal for renovation, expansion, or redevelopment Multiple exit strategies: Fix & Flip, Buy & Hold, Rebuild, or Develop Asking Price: $575,000 Estimated ARV: $875,000+ (Buyer to Verify) Why this deal stands out: Significant value-add opportunity Large lot with potential for expansion and/or ADU (buyer to verify) Convenient location near downtown Gilroy, schools, parks, shopping, and major commuter routes Strong upside potential for investors, contractors, and developers Bonus Opportunity: The front parcel at 332 Lewis St (APN: 841-05-087) is also available for $100,000. Acquire both parcels to maximize future development potential and unlock additional value. Investor Terms: Sold AS-IS Cash or hard money preferred Opportunities like this rarely come to market. Serious investors, contractors, and developers are encouraged to act quickly.
Features of 332 Lewis Street
| MLS® # | ML82049555 |
|---|---|
| Price | $599,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,551 |
| Acres | 0.16 |
| Year Built | 1924 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 332 Lewis Street |
|---|---|
| Area | 699 - Not Defined |
| City | Gilroy |
| County | Santa Clara |
| Zip Code | 95020 |
Amenities
| Parking | Uncovered |
|---|---|
| Garages | Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | None |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Composition |
|---|
School Information
| District | Gilroy Unified |
|---|
Additional Information
| Date Listed | June 2nd, 2026 |
|---|---|
| Days on Market | 134 |
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Peter Quan Nguyen |
|---|---|
| Office | Bay Realty |
