2208 Larch Street Alhambra, CA ^$ 1,950,000

2208 Larch Street

^$ 1,950,000

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Recently Listed

2208 Larch Street

Alhambra, CA, 91801

^$ 1,950,000

Bedrooms3 Baths2.1 Sq 5,500

Monthly Estimate*

^$ 13,621

Listed by HANDFORE REALTY CORP.

2208 Larch Street, Alhambra, CA 91801 - Image 1

2208 Larch Street, Alhambra, CA 91801 - Image 2

2208 Larch Street, Alhambra, CA 91801 - Image 3

2208 Larch Street, Alhambra, CA 91801 - Image 4

2208 Larch Street, Alhambra, CA 91801 - Image 5

2208 Larch Street, Alhambra, CA 91801 - Image 6

2208 Larch Street, Alhambra, CA 91801 - Image 7

2208 Larch Street, Alhambra, CA 91801 - Image 8

Multi-Family Home for sale in Alhambra, CA

for $1,950,000 with 3 bedrooms and 2 full baths, 1 half bath. This 5,500 square foot home was built in 1979 on a lot size of 0.1956.

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.

Multi-Family Active

Price

^$ 1,950,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1956

Year Built

1979

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

WS24075151

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling None

Zoning ALRPD*

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1979

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 7230.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 24090.0

Operating Expense 31320.0

Insurance Expense 2960.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard Trust

Status Active

Directions Cross street is N. Palm Avenue

City Alhambra

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area 601 - Alhambra

Lot Size Square Feet 8520.0

Private Pool N

Waterfront Y/N N

Carport Spaces 5.0

Carport Y/N Y

Number of Units Leased 5

Street Name Larch

Listing Terms Cash CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 690.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 2150.0

Water Sewer Expense 3085.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 10

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 75

Total Actual Rent 7230.0

Property Sub Type Additional MixedUse

Exterior

Lot Features Walkstreet

Water Source Public

Total Parking 5.0

Lot Size Area 8520.0

Number of Buildings 1

Spa N

Building Area Total 5500.0

Lot Size Acres 0.1956

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea LaundryRoom

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2208

* Excluded Features

List By

Handfore Realty Corp.

Broker

(626) 573-2333

Phone

Affordability Calculator

$13,621

Per Month

Monthly Principal & Interest: $13,621
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Alhambra, CA

Average List Price ^$1,976,626

Percent of Sale Price 1%

About Alhambra, CA

85,595 Population

1% Since 2002

^$56,913 Median Income

40.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$1,950,000		Listed Price

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2208 Larch Street, Alhambra, CA, 91801 is a Multi-Family Home for sale at $1,950,000 with 5,500 sqft and a lot size of 0.1956. 2208 Larch Street has 3 bedrooms, 2.1 baths, and was built in 1979. The property's zip code is 91801 which is in Alhambra, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2208 Larch Street

Multi-Family Home for sale in Alhambra, CA

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