302-304 E Broadway | San Gabriel, CA 91776
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- LoopNet Team
302-304 E Broadway
San Gabriel, CA 91776
Broadway Garden Apartments · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Value Add Opportunity in Prime San Gabriel Location
- Expansive ±20,043 SF Lot Size Creates Additional Future Land Value
- Five-Minutes Away from the City’s Charming Mission District that Features Live Theater Performances at the Mission Playhouse and Outdoor Concerts
- Existing Layout allows for Additional Space to add ADU Structures
- Stable Long-Term Investment with Non-Rent-Controlled Units, 4.515% Cap Rate on Current Rents and 4.84% Cap Rate on Market Rents
- Surrounded by Nearby Shopping Centers and a Highly-Ranked Restaurant Culture
PROPERTY FACTS
| No. Units | 9 | Building Size | 5,626 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | R3, San Gabriel - Multiple Dewlling Zone | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 5,626 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | R3, San Gabriel - Multiple Dewlling Zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 3+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 5367-028-032 | Improvements Assessment | $1,073,226 |
| Land Assessment | $1,611,618 | Total Assessment | $2,684,844 |
PROPERTY TAXES
Parcel Number
5367-028-032
Land Assessment
$1,611,618
Improvements Assessment
$1,073,226
Total Assessment
$2,684,844
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