Active
420 Broadway
GILROY CA, 95020
$5,480,000
$475.45 per sqft
Active
11,526 sqft
Multi-family
Built in 1958
Listed by Marcus & Millichap, Adam S. Levin, Andres Lopez Listing Contact: 6504920934
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 and 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. Other nearby Gilroy attractions include the Annual Gilroy Garlic Festival and the Gilroy Gardens theme park, both racking in visitors from all over the US.
ML81989728
MLSⓇ ID
January 8, 2025
Listed
January 8, 2025
Updated
Map
420 Broadway
GILROY CA, 95020
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.78 Acres
School Information
School District
Gilroy Unified
Other Property Details
Area Name
Morgan Hill / Gilroy / San Martin
Garage
Yes
Garage Spaces
5
Parking
Attached
Parking Total
7
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
R3
Listed by Marcus & Millichap, Adam S. Levin, Andres Lopez
Listing Contact: 6504920934
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Data last updated 8:08 PM UTC, 1/8/2025