7240 Alexander Street

Exceptional opportunity for investors, contractors, or buyers looking to create value through renovation. Situated on a generous approximately 7,100 sq. ft. rectangular lot, this property features a 943 sq. ft., 3-bedroom, 1-bath main home plus an approximately 400 sq. ft. detached rear structure with unknown legal status. Both the main home and rear structure are in poor condition and require extensive repairs and updating. This is a true fixer-upper with tremendous upside for redevelopment, restoration, or investment potential. Excellent opportunity to build sweat equity on a spacious lot in an established Gilroy neighborhood. Due to the property's current condition, traditional financing is unlikely, and cash offers are strongly encouraged. Property is being sold strictly AS-IS. Buyers to verify all property information, including square footage, zoning, and development possibilities.

Days on Market

1 day

Current Status

Active

Original Price

$580,000

List Price

$580,000

On Market Date

Aug 14, 2026

Property Type

Single Family Home

Area

1 - Morgan Hill / Gilroy / San Martin

Zip Code

95020

MLS ID

ML82054848

APN

841-11-020

Year Built

1900

Stories in Building

1

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

3

Bath

1

Parking

0

No Garage, Uncovered Parking

SQ FT

943

SQ FT Source

Unavailable

Lot SQ FT

7,100.0

Lot Acres

0.162994 Acres

Cooling

None

Dining Room

Eat in Kitchen

Disclosures

NHDS Report

Family Room

No Family Room

Foundation

Other

Heating

Other

Possession

COE

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.