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22 N Electric Ave
Off-Market Call for Pricing
Call for Pricing
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 7,621 Sq Ft
Description
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.
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,480,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 5 spots |
| Year Built | 1948 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5338012007 |
| MLS # | AR24172997 |
| Property ID | 318732174 |
| Lot Sqft | 7,621 |
| Zoning | ALP* |
| Total Units | 5 |
| Applicances | Dryer,Washer% |
| Date Updated | November 19, 2024 |
| Date Created | August 20, 2024 |
Listing Provided By
Fay Xu an agent of . Lic #01947800
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 19, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact Agent
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Showing Agent
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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT