2212 Larch St 6 Unit Apartment Building $2,700,000 ($450,000/Unit) 3.82% Cap Rate Alhambra, CA 91801

Pacific Partners of Colliers International proudly presents for sale a six-unit multifamily property situated at 2212 Larch St in Alhambra. This property offers investors a rare opportunity to acquire a pride-of-ownership asset in one of the most sought-after residential neighborhoods in the San Gabriel Valley.
Constructed in 1979, this vintage property features expansive floor plans averaging over 1,000 square feet per unit, totaling 6,552 rentable square feet on a 0.19-acre lot. The property offers a diverse and high-demand unit mix — including three-bedroom, two-bedroom, and one-bedroom configurations — providing broad appeal across a wide range of renters and reducing vacancy risk through tenant diversity.
Ideally situated north of Main Street in North Alhambra, 2212 Larch St enjoys a highly desirable location within walking distance of the premier Alhambra Park, offering residents a quality of life that commands strong rental demand and long-term occupancy. The property has been immaculately maintained, presenting superior curb appeal and reflecting the pride of ownership that has characterized its stewardship over the decades.
The current tenant base demonstrates long-term stability, with scheduled rents currently below market across several unit types — presenting investors with a clear and organic path to income growth upon lease renewal. This combination of irreplaceable North Alhambra location, oversized vintage floor plans, and built-in upside positions 2212 Larch St as a compelling acquisition for investors seeking a high-quality, stable multifamily asset in the heart of the San Gabriel Valley.
"DRIVE-BY ONLY. PLEASE DO NOT DISTURB TENANTS."
Tenants are unaware of the sale. Interior inspections are strictly subject to an accepted offer.