$2,600,000
Active
41 Days Online
0 Beds0 Baths3,840 SQFT
Active

22 N Electric Avenue Alhambra, CA 91801

We are delighted to present an exceptional income property opportunity in the heart of Alhambra, perfectly suited for savvy investors seeking both short-term and long-term rental potential. This fully renovated multi-family property comprises five units: one 1-bedroom, 1-bath unit with the potential to convert into a 3-bedroom, and four 2-bedroom, 1-bath units. Each unit has been meticulously updated within the last year, featuring new flooring, fresh paint, and comes fully furnished, making them perfect for Airbnb or long-term tenants, offering flexibility in a high-demand rental market. This property offers unparalleled flexibility in a high-demand rental market. Strategically located just 15 minutes from Downtown Los Angeles, it presents a unique high-growth investment opportunity. The sale includes the existing Airbnb listings for all 5 units, ensuring positive cash flow from the close of escrow. Whether you're looking to continue the thriving short-term rental operation or transition to long-term leases, this property provides unmatched flexibility in a high-demand rental market. Its central location positions it as a prime asset ahead of major upcoming events, such as the 2026 FIFA World Cup and the 2028 Olympics, ensuring a steady stream of rental income. Additionally, the property is rent control-proof, making it a secure investment in an evolving market.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site40 Days
  • MLS StatusActive
  • MLS ID NumberAR24172997
  • Home Size Source N/A
  • Year Built1948
  • Lot Size0.175 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 5
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.175
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 5
  • Zoning ALP*
  • Listing Conditions Standard

Interior Features

  • Laundry Features Dryer IncludedIn KitchenWasher Included

Exterior Features

  • Pool Features None
  • Lot Rectangular Lot

Community Features

  • Community Features Sidewalks
  • Senior Community No
  • MLS Area 601 - Alhambra

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Monthly Payment (Est.)

$12,632
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