Homes for sale - 420 Broadway, Gilroy, CA 95020

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Ben Dodge

bendodge@kw.com +1(408) 829-1074

Listed by Adam S. Levin • Marcus & Millichap

$ 5,299,000

Est. payment | -/mo

3 Beds

2 Baths

11,526 SqFt

Save

$ 5,299,000

Est. payment | -/mo

Save

3 Beds

2 Baths

11,526 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,526 sqft

Price per Sqft $459

MLS Listing ID ML82008120

Bedrooms 3

Full Baths 2

Year Built 1958

Lot Size 0.781 Acres

Property Sub-Type Five or More Units

Property Description

Azure Apartments is a stunning 16-unit apartment complex located in the heart of Gilroy, CA. Situated on a 34,000 square foot parcel of land, the subject property was originally constructed in 1958. It has a gross building area of approximately 11,526 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property offers a range of desirable tenant amenities, including individual fireplaces and private yards in select units, as well as private covered parking. Each unit is equipped with a separate water heater and its own PG&E meter, ensuring convenience and independence for residents. Azure Apartments presents investors with a rare opportunity to acquire an exceptional asset in the thriving city of Gilroy. The subject property is located just 1.4 Miles from The Premium Gilroy Outlets, right off Highway 101. The Premium Gilroy Outlets house 145 different outlet stores, attracting savvy shoppers and tourists from all over the Bay Area. The subject property is also walking distance from the Town Plaza Shopping Center, home to a myriad of dining, shopping, and entertainment options. Other nearby Gilroy attractions include the Annual Gilroy Garlic Festival and the Gilroy Gardens theme park, attracting visitors from all over the US.

Location

State CA

County Santa Clara

Area Morgan Hill / Gilroy / San Martin

Zoning R3

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Laundry Coin Operated

Exterior

Parking Features Carport

Garage Spaces 4.0

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 790-32-008

Security Features None

Special Listing Condition Not Applicable

GET MORE INFORMATION

Ben Dodge

REALTOR® | Lic# DRE 01959374

bendodge@kw.com

+1(408) 829-1074

16780-A Lark Ave. Los Gatos, CA, 95032

420 Broadway Gilroy, CA 95020

Ben Dodge

Key Details

Location

Interior

Exterior

Building

Others

420 Broadway