Property Overview:
8340 Forest St is a single-family home in Gilroy, CA 95020, built in 1979. It features 4 bedrooms, 2 bathrooms, and 1,368 sq. ft. of living space on a 5,016 sq. ft. lot. The home includes a parking garage, heating system, and owned solar panels. The estimated home value is $718,700.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.1% (lower than state average of 11.8%).
- Property crime risk: 7.6% (lower than state average of 10.8%).
- Moderate overall crime risk; 8 criminal and sex offenders within 1 mile.
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Schools:
Nearby schools include Gilroy Prep (Navigator School), South Valley Middle, Christopher High, Rucker Elementary, and Santa Clara County Regional Occupational Program-South.- Average SAT score: 1014 (higher than state average of 975).
- Schools are rated very good.
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Job Market:
- 52.5% white-collar jobs, 47.5% blue-collar jobs.
- Unemployment rate: 5.1% (slightly higher than state average of 4.7%).
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Demographics:
- Community population: 48,479 (1% growth since 2000).
- 80% families with children.
- Largest age group: 35-44 years (14.74%); second largest 25-34 years (13.25%).
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Natural Disaster Risk:
- Very high earthquake risk
- Very low tornado risk
- Moderate to low flood risk
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Weather:
- Average temperature: 35.1°F (January), 71.0°F (July).
- Average rainfall: 21.2 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $73,066.
- Average annual spending: $55,562.
Property Features:
- Completely remodeled in 2020:
- New floors throughout
- Remodeled kitchen and bathrooms
- Fresh interior and exterior paint
- New windows
- Recent upgrades:
- New roof (2023)
- Complete AC unit setup (2024)
- Furnace unit (2020)
- Energy efficient:
- Owned solar panels (paid off)
- LED lighting
- Some dual pane windows
- Additional features:
- Upgraded ceiling fans in all bedrooms, family room, and kitchen
- Kitchen breakfast bar
- Metal storage shed
- Spacious driveway (fits up to 3 cars)
- Essential appliances included: washer, dryer, refrigerator
- Move-in ready and ideal for families or investors
- Close to freeway access, shopping, and dining
Location Benefits:
- Convenient access to Highway 101, shopping, and dining
- Family-friendly community with strong school options
- Commuter-friendly location
- Great rental investment or starter home opportunity