CA > Gilroy
Gilroy, CA 95020,420 Broadway
Gilroy, CA 95020,420 Broadway
Gilroy, CA 95020,420 Broadway
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$5,480,000
Est. payment /mo
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3 BD
2 BA
11,526 SqFt
Active

420 Broadway Gilroy, CA 95020

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Madhu Sarkar

Madhu Sarkar

+1(650) 504-7768

UPDATED:

01/08/2025 06:35 PM

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,526 sqft

Price per Sqft $475

MLS Listing ID ML81989728

Bedrooms 3

Full Baths 2

Originating Board MLSListings, Inc.

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 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.

Location

State CA

County Santa Clara

Area Morgan Hill / Gilroy / San Martin

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Attached Garage, Carport , Uncovered Parking

Garage Spaces 7.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Public

Others

Tax ID 790-32-008

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
© 2025 MLSListings Inc. All rights reserved.
Listed by Adam S. Levin • Marcus & Millichap

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Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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420 Broadway