22 N Electric Ave Alhambra, CA 91801
Estimated payment $15,155/month
Total Views
60,597
3
Beds
2
Baths
3,840
Sq Ft
$612
Price per Sq Ft
About This Home
Now available in the heart of Alhambra—an outstanding 5-unit income property offering 3,840 square feet of rentable space on a well-maintained lot. This prime investment opportunity features a mix of updated interiors with modern finishes and classic charm, making it ideal for both seasoned investors and first-time multifamily buyers. The units boast clean, spacious layouts with hardwood-style flooring, ample natural light, and updated kitchens and baths. Select units include in-unit laundry and split-system A/C. The property also offers on-site parking and has been thoughtfully landscaped with privacy hedges and low-maintenance greenery. Conveniently located near shopping, restaurants, and major transit corridors, this turnkey property offers strong rental upside and long-term stability in one of the San Gabriel Valley’s most sought-after rental markets. Don’t miss your chance to own a quality asset in a high-demand neighborhood.
Listing Agent
JohnHart Real Estate Brokerage Phone: 818-400-1868 License #01325511 Listed on: 05/22/2025
Co-Listing Agent
JohnHart Real Estate Brokerage Phone: 818-400-1868 License #02209411
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 7,621 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- Apartment
Interior Spaces
- 3,840 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Legal Lot and Block 9 / D
- Assessor Parcel Number 5338012007
Community Details
Overview
- 5 Units
Building Details
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Fuel Expense $600
- Insurance Expense $2,400
- Water Sewer Expense $1,500
- Operating Expense $5,100
- Gross Income $180,000
- Net Operating Income $174,900
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $2,350,000 | -4.1% | $612 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $2,450,000 | +28.9% | $638 / Sq Ft |
| 03/31/2023 03/31/23 | Sold | $1,900,000 | -17.4% | $495 / Sq Ft |
| 03/05/2023 03/05/23 | Pending | -- | -- | -- |
| 02/24/2023 02/24/23 | Price Changed | $2,300,000 | -3.8% | $599 / Sq Ft |
| 12/05/2022 12/05/22 | Price Changed | $2,390,000 | +13.8% | $622 / Sq Ft |
| 11/21/2022 11/21/22 | For Sale | $2,100,000 | +16.7% | $547 / Sq Ft |
| 03/05/2020 03/05/20 | Sold | $1,800,000 | +2.9% | $469 / Sq Ft |
| 02/05/2020 02/05/20 | Pending | -- | -- | -- |
| 01/24/2020 01/24/20 | For Sale | $1,750,000 | -- | $456 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Alhambra, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25114429
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