22 N Electric Avenue Alhambra, CA ^$ 2,300,000

22 N Electric Avenue

^$ 2,300,000

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22 N Electric Avenue

Alhambra, CA, 91801

^$ 2,300,000

Studio Baths1.0 Sq 3,840

Monthly Estimate*

^$ 14,349

Listed by JohnHart Real Estate

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Studio

Multi-Family Home for sale in Alhambra, CA

for $2,300,000 with 1 full bath. This 3,840 square foot home was built in 1948 on a lot size of 0.175.

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.

Multi-Family Contingent

Price

^$ 2,300,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.175

Year Built

1948

Town/City

Alhambra

County/Region

Los Angeles

MLS | Web ID

SR25114429

Days on Market

230

Features

General

Sewer Public Sewer

Zoning ALP*

Garage Spaces 5

Pool Features None

Year Built 1948

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 180000

Community Features Sidewalks

County Los Angeles

Net Operating Income 174900

Operating Expense 5100

Insurance Expense 2400

New Construction 0

Property Type Residential Income

Garage Y/N 1

Special Listing Conditions Standard

Status Active Under Contract

Directions In between N Raymond Ave and N Atlantic Blvd

City Alhambra

Entry Location 1

Senior Community Y/N 0

Number Of Units Total 5

MLS Area 601 - Alhambra

Lot Size Units Square Feet

Lot Size Square Feet 7621

Listing Terms Cash Cash to New Loan Conventional Owner Will Carry

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 600

Fuel Expense 600

Trash Expense 0

Water Sewer Expense 1500

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active Under Contract

Year Built Source Assessor

Tax Lot 9

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Inside

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 5

Lot Size Area 7621

Number of Buildings 1

Building Area Total 3840

Lot Size Acres 0.175

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 6

* Excluded Features

List By

Johnhart Real Estate

Broker

MyAgentHaik@gmail.com

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$14,349

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Monthly Principal & Interest: $14,349
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Alhambra, CA

Average List Price ^$2,017,876

Percent of Sale Price 12%

About Alhambra, CA

85,595 Population

1% Since 2002

^$56,913 Median Income

40.88 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$2,300,000		Listed Price

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22 N Electric Avenue, Alhambra, CA, 91801 is a Multi-Family Home for sale at $2,300,000 with 3,840 sqft and a lot size of 0.175. 22 N Electric Avenue is a studio with 1.0 baths and was built in 1948. The property's zip code is 91801 which is in Alhambra, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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22 N Electric Avenue

Multi-Family Home for sale in Alhambra, CA

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