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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Douglas Marshall | CA DRE# 01310612 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Douglas Marshall | CA DRE# 01310612 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 8:08 PM UTC, 1/8/2025

 

 

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