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16345 Church St, Morgan Hill, CA 95037

Sale Price: $1,660,000
May 19, 20241,296 sqft3 beds2 baths
Listed by: Robert Dudley
License #: 00468788
Phone #: 408-828-2853
Matrix Real Estate Network
Source:
CRMLS Logo
MLS #: ML81966404

Property Description

RARE OPPORTUNITY TO EARN INCOME WHILE -- at the same time -- TAKING ADVANTAGE OF CITY PLAN FOR FUTURE DEVELOPMENT. This is income producing real estate that may become RESIDENTIAL ATTACHED LOW DENSITY DEVELOPMENT. An operating Mini Storage Facility situated on two (2) parcels - combined 1.0375 Acres - including Single Family Residence (SFR) currently occupied by on-site manager - plus 175 enclosed individual Storage Units; plus approx. 12,000 sq ft vacant land situated to the rear of the SFR. Subject parcels have been identified by City of Morgan Hill "City Plan" for future usage as "RAL" Residential Attached Low-Density" for up to "16 units per acre" (per City of Morgan Hill)
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$16,371

TurboHome Estimated Value

$954,300

$736 sqft

High Valuation
$1,002,015
$773/sqft
Normal Valuation
$954,300
$736/sqft
Low Valuation
$906,585
$700/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$736/sqft$954,300

Neighborhood

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Comparative Value

$749K

$1.10M

$3.00M

450 Creekside Ln, Morgan Hill, CA 95037

Sale Price: $749,000

Selected Comparable

17245 James Lex Ln, Morgan Hill, CA 95037

Sale Price: $1,100,000

Selected Comparable

95 W Main Ave, Morgan Hill, CA 95037

Sale Price: $1,142,000

Selected Comparable

17437 Calle Del Sol, Morgan Hill, CA 95037

Sale Price: $1,199,000

Selected Comparable

125 Foothill Ct, Morgan Hill, CA 95037

Sale Price: $1,295,000

Selected Comparable

16345 Church St, Morgan Hill, CA 95037

List Price: $3,000,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
16345 Church St, Morgan Hill, CA 95037

16345 Church St, Morgan Hill, CA 95037

List: $3,000,000

Listed: 5/19/2024

Area:1,296 sqft
Price/sqft:$2,315
Beds:3
Baths:2
Year Built:
Lot Size:14,375

Comparable Properties

COMPARABLE
Choose comps
17245 James Lex Ln, Morgan Hill, CA 95037

17245 James Lex Ln, Morgan Hill, CA 95037

Sale: $1,100,000

8/6/20251.01 mi

Area:1,308 sqft
Price/sqft:$841
Beds:3
Baths:2
Year Built:
Weight:24.3%
95 W Main Ave, Morgan Hill, CA 95037

95 W Main Ave, Morgan Hill, CA 95037

Sale: $1,142,000

12/24/20241.06 mi

Area:1,312 sqft
Price/sqft:$870
Beds:3
Baths:2
Year Built:
Weight:21.6%
125 Foothill Ct, Morgan Hill, CA 95037

125 Foothill Ct, Morgan Hill, CA 95037

Sale: $1,295,000

7/9/20250.36 mi

Area:1,463 sqft
Price/sqft:$885
Beds:4
Baths:2
Year Built:
Weight:19.1%
17437 Calle Del Sol, Morgan Hill, CA 95037

17437 Calle Del Sol, Morgan Hill, CA 95037

Sale: $1,199,000

7/22/20250.97 mi

Area:1,470 sqft
Price/sqft:$816
Beds:4
Baths:2
Year Built:
Weight:18.0%
450 Creekside Ln, Morgan Hill, CA 95037

450 Creekside Ln, Morgan Hill, CA 95037

Sale: $749,000

6/26/20250.76 mi

Area:1,260 sqft
Price/sqft:$594
Beds:2
Baths:3
Year Built:
Weight:17.0%

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