Alhambra, CA 91801,22 N Electric Avenue
Alhambra, CA 91801,22 N Electric Avenue
Alhambra, CA 91801,22 N Electric Avenue
Alhambra, CA 91801,22 N Electric Avenue
Alhambra, CA 91801,22 N Electric Avenue
Alhambra, CA 91801,22 N Electric Avenue
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Listed by Fay Xu • Universal Elite Realty
$ 2,480,000
Est. payment | /mo

3,840 SqFt


Save
$ 2,480,000
Est. payment | /mo
Save

3,840 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $645

MLS Listing ID CRAR24172997

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1948

Lot Size 7,621 Sqft

Property 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

Location

State CA

County Los Angeles

Interior

Fireplace No

Appliance Dryer

Laundry Dryer, Washer, In Kitchen

Building

Lot Description Other

Water Public

Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

Adam Shoop

Broker Associate at Exp Realty | Lic# 1782227

+1(925) 998-1638

2603 Camino Ramon # 200, Ramon, CA,, 94583

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22 N Electric Avenue