About 2208 Larch St
Presenting an exceptional investment opportunity, this meticulously maintained five-unit property, under family ownership for over 30 years, enters the market for the first time. Boasting a stable tenant history and strategically located in North Alhambra, mere blocks away from major retail outlets, restaurants, and public transportation, this property offers both convenience and reliability. With ample parking, carports, and a separate community on-site laundry room, tenants enjoy added comfort and ease. The property's prime location, alongside its potential for consistent rental income and long-term appreciation, makes it an enticing prospect for seasoned investors and newcomers alike. Don't miss the chance to acquire this turnkey investment in a thriving rental market, where urban convenience meets residential tranquility.
Features of 2208 Larch St
| MLS® # | WS24075151MR |
|---|---|
| Price | $1,950,000 |
| Units | 5 |
| Bedrooms | 11 |
| Bathrooms | 11.00 |
| Square Footage | 5,500 |
| Acres | 0.20 |
| Year Built | 1979 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 2208 Larch St |
|---|---|
| Area | Alhambra |
| City | ALHAMBRA |
| County | Los Angeles |
| State | CA |
| Zip Code | 91801 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall |
|---|---|
| Cooling | None |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Has Basement | No |
Additional Information
| Date Listed | April 15th, 2024 |
|---|---|
| Days on Market | 29 |
| Zoning | ALRPD* |
| Foreclosure | No |
| RE / Bank Owned | No |
| Actual Annual Gross Rent | $7,230 |
| Net Operating Income | $24,090 |
Unit 1 Details
| Beds | 3 |
|---|---|
| Baths | 3.00 |
| Rent | $1,500 |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $1,425 |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $1,570 |
Unit 4 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $1,355 |
Unit 5 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $1,380 |
Listing Details
| Agent | Ashley Tang (01937309) |
|---|---|
| Office | HANDFORE REALTY CORP. |