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For sale
  • Listing Provided by: 

    Haik Bokhchalian DRE #01325511 818-400-1868,

    JohnHart Real Estate,

    Ani Barseghyan DRE #02209411,

    JohnHart Real Estate

    Price cut: $30K (5/22)
    $2,450,000

    22 N Electric Ave, Alhambra, CA 91801

    --beds
    --baths
    3,840sqft
    : 
    Multi Family
    Built in 1948
    -- sqft lot
    $2,418,600 Zestimate®
    $638/sqft
    $-- HOA

    What's special

    Privacy hedgesClassic charmClean spacious layoutsAmple natural lightHardwood-style flooringWell-maintained lotUpdated kitchens and baths
    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.
    33 days
    on Zillow
    |
    155
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: May 24, 2025 at 06:20pm

    Listing Provided by:

    Haik Bokhchalian DRE #01325511 818-400-1868,

    JohnHart Real Estate,

    Ani Barseghyan DRE #02209411,

    JohnHart Real Estate

    Source: CRMLS,MLS#: SR25114429MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,840
    • Total interior livable area: 3,840 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,621 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5338012007
    • Zoning: ALP*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Alhambra

    Financial & listing details

    • Price per square foot: $638/sqft
    • Tax assessed value: $1,938,000
    • Annual tax amount: $24,461
    • Date on market: 5/22/2025
    • Listing terms: Cash,Cash to New Loan,Conventional,Owner Will Carry
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