First time on the market in over 50 years, 3227 Sherwood Avenue offers a rare five-unit investment opportunity in a quiet residential location of Alhambra. The property features four 1-bed/1-bath units built in 1957 and a detached 2-bed/2-bath single family home built in 1925, all situated on a large 10,000+SF lot. The property is not subject to LA City RSO, with only California AB 1482 rent control in place. Amenities include onsite laundry, four covered parking spaces, additional open parking, and ample street parking. With strong rental upside, potential ADU development (buyer to verify), and a prime location near the 10 & 710 freeways, public transit, restaurants, markets, and Alhambra City center, this is an excellent long-term investment opportunity.
