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