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Sold for $1,175,000
  • Tax assessed value
    $1,175,000

    60 W 5th St, Morgan Hill, CA 95037

    6beds
    3baths
    2,526sqft
    Triplex, Residential Income
    Built in 1972
    -- sqft lot
    $1,211,200 Zestimate®
    $465/sqft
    $2,984 Estimated rent

    Home value

    $1,211,200

    $1.11M - $1.32M

    $2,984/mo

    Zestimate® history
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    $2,984/mo

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    $2,984/mo

    Rent Zestimate®

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    $7,480/mo

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    $7,480/mo

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    What's special

    Rare Tri-Plex building in the heart of downtown Morgan Hill. Excellent location on quiet West 5th street, away from the traffic but only steps to all the restaurants, coffee shops, beer & local wine-tasting taprooms, farmers market, festivals, and night life offered in the thriving Morgan Hill downtown scene. Lovingly maintained by the same owner since it was first constructed. Several long-term tenants, with one in place over 24 years! Community garden space located in the back of the building. Ample parking with a detached carport and private parking area. Perfect opportunity for an owner/investor to live in one of the units and rent out the other two, or traditional investors renting out all three units in the desirable downtown environment. Utility room contains Washer/Dryer hookups for potential extra coin/op income. Each unit has an additional private locked storage room at the front of the building. City maintained walking trails, playgrounds, and parks located on the hill above property and on nearby Depot street. Come and make this exciting investment potential your own before it is gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Telfer 01363041 408-691-1982,

    South County Realty Mh 408-779-3146,

    John Telfer 00493328 408-779-9769,

    South County Realty Mh

    Bought with:

    Sonia Nanez, 01199828

    Intero Real Estate Services

    Source: MLSListings Inc,MLS#: ML81982524MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Features
    • Doors: Other
    Interior area
    • Total structure area: 2,526
    • Total interior livable area: 2,526 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Parking Area
    • Carport spaces: 3
    Accessibility
    • Accessibility features: Other
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Downtown, Hills
    Lot
    • Size: 8,000 sqft
    Details
    • Parcel number: 76708026
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1972

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Morgan Hill

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    5/4/2025Listing removed$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    4/23/2025Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    2/5/2025Listing removed$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    1/26/2025Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    11/6/2024Sold$1,175,000+6.8%$465/sqft
    Source: MLSListings Inc #ML81982524 Report a problem
    10/18/2024Pending sale$1,100,000$435/sqft
    Source: MLSListings Inc #ML81982524 Report a problem
    10/12/2024Contingent$1,100,000$435/sqft
    Source: MLSListings Inc #ML81982524 Report a problem
    10/3/2024Listed for sale$1,100,000$435/sqft
    Source: MLSListings Inc #ML81982524 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,465 +1290.3%$1,175,000 +955%
    2024$1,472 +1.3%$111,378 +2%
    2023$1,454 +1.7%$109,195 +2%
    2022$1,429 +2.5%$107,055 +2%
    2021$1,394 +2.2%$104,957 +1%
    2020$1,364 $103,882 +2%
    2019$1,364 -2.5%$101,846 +2%
    2018$1,399 $99,850 +2%
    2017$1,399 +1%$97,893 +2%
    2016$1,385 +8%$95,975 +1.5%
    2015$1,283 +0.5%$94,534 +2%
    2014$1,277 $92,683 +0.5%
    2013-- $92,265 +2%
    2012-- $90,457 +2%
    2011-- $88,684 +0.8%
    2010-- $88,022 -0.2%
    2009-- $88,232 +2%
    2008-- $86,502 +2%
    2007-- $84,807 +2%
    2006-- $83,145 +2%
    2005-- $81,516 +2%
    2004-- $79,919 +1.9%
    2003-- $78,456 +2%
    2002-- $76,919 +2%
    2001-- $75,411

    Find assessor info on the county website

    Neighborhood: 95037

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MorganHillUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,211,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,211,200