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Sold for $2,800,000 on 07/24/25
  • Listing Provided by: 

    Eric Chen DRE #01489184 626-757-5717,

    CB RICHARD ELLIS

    $2,800,000

    302 E Broadway, San Gabriel, CA 91776

    11beds
    10baths
    5,626sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $2,799,400 Zestimate®
    $498/sqft
    $2,250 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 24, 2025 at 03:25pm

    Listing Provided by:

    Eric Chen DRE #01489184 626-757-5717,

    CB RICHARD ELLIS

    Bought with:

    Eric Chen, DRE #01489184

    CB RICHARD ELLIS

    Source: CRMLS,MLS#: CV25052290MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 10
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,626
    • Total interior livable area: 5,626 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 12
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.46 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 5367028032
    • Zoning: SLR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: San Gabriel

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
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    Estimated market value

    $2,799,400