420 Broadway Gilroy, CA 95020
Property profile & analytics
420 Broadway Gilroy, CA 95020
- Apartment buildings
- 11,526 SF
- 0.78 lot acres
Property ID
US09-2393330
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 420 Broadway
- Year built
- 1958
- Construction
- WOOD
- Lot size
- 0.78 lot acres
- Property size
- 11,526 SF
- Zone code
- R3
- Property type
- Apartment buildings
- APN
- 790-32-008
- APU
- 79032008
Description
This exceptional 16-unit apartment complex, Azure Apartments, presents a compelling investment opportunity in the vibrant city of Gilroy, California. Situated on a 0.78-acre lot (34,000 square feet), this property boasts a substantial 11,526 square feet of gross building area. Originally constructed in 1958, the complex offers a mix of one- and two-bedroom floor plans, each thoughtfully designed for comfortable living. Many units feature desirable amenities such as individual fireplaces and private yards, enhancing their appeal to tenants. Convenient private covered parking is also provided. Individual water heaters and separate PG&E meters for each unit ensure efficient utility management and resident independence. The property's strategic location offers unparalleled access to key attractions and amenities. It's conveniently located just 1.4 miles from the Premium Gilroy Outlets, a major shopping destination attracting significant foot traffic. The Town Plaza Shopping Center, with its diverse range of dining and entertainment options, is within walking distance. Furthermore, the property benefits from its proximity to popular Gilroy attractions such as the Gilroy Garlic Festival and Gilroy Gardens Family Theme Park, drawing visitors from across the United States. This prime location, coupled with the desirable features of the units and the strong potential for rental income, makes this a truly remarkable investment opportunity in a thriving market. The asking price is $5,480,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,486,000
Market price range: $488k - $10.7M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gilroy
- County
- Santa Clara
- State
- California
- Longitude
- -121.578
- Latitude
- 37.0142
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$0.00
$2,251,623
$2,775,058
$5,026,681
-
$0.00
$0.00
$0.00
