For Sale8d on marketHistoric · 116 yrs
57 E 1st St
Morgan Hill, CA, 95037 • 95037 • Santa Clara County
$6,688,000
$7431/sqft
Down payment assistance available
2Beds
2Baths
900Sqft
0.15 acLot
1910Built
Property DNA
Character Home
Built 1910 · 116 years of history
Market activity
Demand and pricing signals for this listing
173 views
People checking out this listing
1 saves
Buyers have saved this home
8 days on market
Recently listed
$7,431/sqft
Price per square foot
About this home
Single Family · Built 1910 · Historic
Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street (ML 82040865), 57 E 1st Street (ML82040868), 70 & 74 E Main Street (ML82040872), and 50 E Main Street (ML82040862). Marketing package is in the disclosure link.
Estimated monthly payment
Based on current rates
$42,223/month
Principal & Interest$33,306
Property Tax$6,688
Insurance$2,229
Down payment20% ($1,337,600)
3%50%
Est. 6.35% rate · 30yr fixed · $5,350,400 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence, Residential
Year Built1910
HeatingCentral Forced Air
CoolingCentral Air
Parking2 Carport spaces
Lot6,400 sqft
Days on Zillow8 Days
Price/sqft$7,431
Property
Home typeSingle Family
Sub-typeSingle Family Residence, Residential
Year built1910
Stories1
Systems
HeatingCentral Forced Air
CoolingCentral Air
RoofShingle
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingCarport, On Street
FencingWood
Lot6,400 sqft
Location & Tax
Neighborhood95037
ZoningCC
Annual tax$1,395
Parcel72614045
Bathrooms & Fees
Full baths1
Features & details
7 categories of property features
Interior Features
Appliances
Washer/Dryer
Flooring
Carpet
Vinyl Linoleum
Heating
Central Forced Air
Cooling
Central Air
Exterior Features
Parking
Carport
On Street
Utilities
Natural Gas Available
Public Utilities
Water Public
Gas
IndividualGasMeters
NaturalGas
PublicUtilities
Room details
2 rooms detailed
Dining Room
DiningAreaEatinKitchen
Family Room
KitchenFamilyRoomCombo
Listing insights
Market data and value estimates
StatusFor Sale
Days on market8
Est. rent$2,918/mo
Tax rate1.19%
Price/sqft$7431
On marketMar 30, 2026
PostedMar 30, 2026
MLS updatedMar 30, 2026
Tour days9
Views173
Favorites1
How are the schools in Morgan Hill?
3 schools rated nearby
Location
Morgan Hill, CA, 95037
Price history
1 event
DateEventPrice$/sqftSource
Mar 30, 2026Listed For Sale$6,688,000$7,431MLSListings Inc
Listed For Sale$6,688,000
Mar 30, 2026•$7,431/sqft•MLSListings Inc
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2025$1,395$108,843
Apr 8, 2024$1,369$106,710
Apr 8, 2023$1,352$104,619
Apr 8, 2022$1,328$102,569
Apr 8, 2021$1,295$100,559
Apr 8, 2020$1,265$99,529
Apr 8, 2019$1,265$97,579
Apr 8, 2018$1,299$95,667
Apr 8, 2017$1,299$93,792
Apr 8, 2016$1,286$91,954
Apr 8, 2015$1,187$90,574
Apr 8, 2014$1,180$88,801
Apr 8, 2013—$88,401
Apr 8, 2012—$86,668
Apr 8, 2011—$84,970
Apr 8, 2010—$84,336
Apr 8, 2009—$84,537
Apr 8, 2008—$82,881
Apr 8, 2007—$81,257
Apr 8, 2006—$79,665
Apr 8, 2005—$78,104
Apr 8, 2004—$76,574
Apr 8, 2003—$75,172
Apr 8, 2002—$73,699
Apr 8, 2001—$72,254
Nearby homes
Neighborhood details
Local context around this listing
Morgan Hill, CA • Santa Clara County
Nearby cities
CupertinoGilroyLivermoreMilpitasMorgan HillMountain ViewPalo AltoSan Jose
Nearby zip codes
950379503895137
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Based on information from the MLSListings MLS as of 2026-04-07 16:54:20 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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