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Listed by Vahe Parsekhian • Americana Real Estate Services
$1,749,000
Est. payment /mo
0.29 Acres Lot
Pending
600 E Broadway San Gabriel, CA 91776
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRGD25186927
Year Built 1963
Lot Size 0.294 Acres
Source California Regional MLS
Property Description
The Broadway Commons is a marvelous Five (5) unit multi family investment opportunity. Front house is a 5 bed 2 bath craftsman built in 1919 with the charm of years past. The rear two story structure includes (4) 2-bedroom 1-bathroom units built in 1963 and dedicated parkings for each unit. Each unit also has its own water heater and is separately metered for gas and electricity - keeping expenses low and operations simple. Easy access to shopping, dining, and daily conveniences along the Valley Blvd retail corridor, just a short walk away. In addition to its superb characteristics, the property is within close proximity to the Grocery Stores, Schools, Banks, and Freeway access. With ease of management and strong upside in rents, The Broadway Commons offers an investor to take over an exceptional, low-maintenance asset. The property is only subject to California's statewide AB 1482 rent control - there's no local rent ordinance in place. This is a pride-of-ownership property in one of San Gabriel's most desirable rental markets.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Interior
Laundry Laundry Area, Other
Exterior
Parking Features Carport
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5367030011
Special Listing Condition Not Applicable
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