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411 E Broadway - The Broadway Apartments, San Gabriel, CA

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411 E Broadway - The Broadway Apartments

San Gabriel, CA 91776-1858 - San Gabriel MF Submarket

Property Type:Multi-Family Number of Units:25 Status:Existing Year Built:1963
Stories:2 Building Size:29,022 SF Land Area:.7 AC (30,348 SF)
For Sale Price:$5,800,000 Price/Unit:$232,000.00 Cap Rate:4.00 % GRM:-

Parking:1.67 Parking Spaces / 1,000 SF

Property Description: Multi Family - 24 Units

Sale Notes:
411 E. Broadway features very large units, mostly 2 bedrooms in a prime San Gabriel location. Large lot, pool, ample parking. Many units have already been upgraded with vinyl plank flooring and granite countertops. Significant further rent growth remains.
24 units plus 1 non-conforming. See attached marketing package for more details.

Offers due on September 30, 2016. Offers will not be responded to before that date.

Listing agent has ownership interest in the property.

David N. Schultz Incorporated
Jennifer Schultz Bertolet
(818) 240-1070 x236

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