302 E Broadway Street, San Gabriel, CA 91776 - Berkshire Hathaway HomeServices California Properties

302 E Broadway Street, San Gabriel, CA 91776

$2,880,000 Approx. USD 0 beds, 0 baths

Listing Agent


ERIC CHEN | eric.chen@cbre.com
Lic#: 01489184
Broker: Courtesy of CB RICHARD ELLIS

Agent Remarks

We are proud to present a multifamily opportunity at Broadway Garden Apartments located at 302 E. Broadway in the city of San Gabriel. The Broadway Garden Apartments is situated East on Broadway Avenue between South Del Mar Avenue and San Gabriel Blvd and centrally located within the heart of San Gabriel. The Property is within a close proximity to the Hilton Plaza and the Sheraton Hotel and just five-minutes away from The City’s charming Mission District that features live theater performances at the Mission Playhouse and outdoor concerts. The Property is surrounded by nearby shopping centers and a highly-ranked restaurant culture. The community and civic pride are the heartbeats of the historic city and arts and entertainment are found in San Gabriel year-round. The city of San Gabriel is ideally located by offering convenient access to the neighboring cities within the San Gabriel Val ley, Los Angeles County and San Bernardino County. It is less than 30 miles from LAX and is conveniently positioned within minutes to the I-210 and I-10 freeways with just a short drive way from Downtown Los Angeles and Pasadena. Significant local landmarks within a 20- mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, The Staples Center, Santa Ani ta Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. The Broadway Garden Apartments in San Gabriel is a 2-story, 9-unit proper ty built in 1954. The property is situated on one parcel of land with a total of ±20,043 square feet of land and a total building size of ±5.626 square feet. It features a unit mix of one-bed/one-bathroom and three-bedroom/ two-bathroom units averaging 625 square feet per unit. The Broadway Garden Apartments has historically high occupancy and is generating $16,540 in monthly rental income. The property is a prime San Gabriel Valley income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# CV25052290
Price: $2,880,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1954
2 stories
0.46 acres
Lot size: 0.4601
County: Los Angeles
Zoning: SLR3YY
Lot description: SixToTenUnitsAcre
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 654 - San Gabriel

Last Updated: 3/10/2025

 Days On Market (DOM): 63

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This listing belongs to the 654 - San Gabriel MLS area

Lat/Long: 34.098608, -118.096623.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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