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.
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
Est.:
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
- 33 days
- on Zillow |
- 155 |
- 1 |
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#: SR25114429
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
- Loading
- Loading