2212 Larch St, Alhambra, CA 91801

Property Description

A rare investment opportunity in a desirable, non-rent controlled area of N Alhambra! Imagine the immense pride you’ll feel at owning 6 well-maintained units in a 2- story apartment building just minutes from downtown Los Angeles. The seller had the dwelling custom -built for their own private use in 1979 and has now put the property up for sale for the first time. Enjoy peace of mind with a newly installed roof (in 2021) that comes with a warranty. Encompassing the building’s 6,449 sq ft of leasable space is one townhouse style, 2 stories, spacious 4-bedrooms, 2.5 -bath unit with a 2-car attached garage; three 2-bedroom 1.5 bath units; one 2-bedroom 1 bath unit and one large 1-bedroom,1-bath unit. Most units have been updated recently. Each apartment unit features separate electricity /gas meter, individual water heater, dishwasher and central air and heat systems. Best of all, you can conveniently live in one while leasing the rest or for the investor seeking a property to add to their investment portfolio or for a 1031 exchange opportunity. The property also includes 10 carports and a 2 car garage. Enviably situated in Alhambra just North of main Street and bordering South Pasadena and within close proximity to Pasadena, you’ll have easy access to the 10, 110 and 210 freeways with Burbank Airport, Dodger Stadium, the Huntington Library, transportation, shops, restaurants, banks, markets, golf course and Park nearby. The Alhambra Park is only less than half a block from subject property. Your tenants will be able to enjoy many Park amenities, including a swimming pool, fitness/tennis/basketball courts, and plenty of picnic areas with BBQs and benches for relaxing. Take advantage of this spectacular investment while you can! DRIVE BY ONLY. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB THE RESIDENTS/TENANTS.