22 N Electric Avenue Active Save Request In-Person Tour Request Virtual Tour
Alhambra,CA 91801
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
Year Built 1948
Lot Size 7,621 Sqft
Acres 0.18
Property Sub-Type Other
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
Area Listing
Zoning ALP*
Interior
Fireplace No
Appliance Dryer
Laundry Dryer,In Kitchen,Washer
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5338012007