22 N Electric Ave - Apartments FOR SALE


Alhambra, CA 91801
$2,450,000 USD
818-400-1868
22 N Electric Ave, Alhambra, CA for Sale
$2,450,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

22 N Electric Ave
Alhambra, CA 91801


HIGHLIGHTS

  • 5 Units
  • Prime Location
  • Over 3000 SqFt
  • On Site Parking

OVERVIEW

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. Please note: Seller to carry the loan back at up to 6% for up to 2 years.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$638 USD /SF

# OF UNITS

5

PRICE/UNIT

$490,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,632 SF

ZONING

CPD

APN/PARCEL ID

5338-012-007

ASK ABOUT THIS PROPERTY

Haik BokhchalianJohnHart CommercialMore Info
818-400-1868

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Haik BokhchalianJohnHart CommercialMore Info
818-400-1868

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