600 E Broadway Pending

San Gabriel,CA 91776

$ 1749000

- Bed

- Bath

5379 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,379 sqft

Price per Sqft $325

MLS Listing ID CRGD25186927

HOA Y/N No

Year Built 1963

Lot Size 0.294 Acres

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Fireplace No

Laundry Other,Inside

Building

Lot Description Corner Lot

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