Five-Unit Apartment
For Sale
Contact for pricing
22 N Electric Ave, Alhambra, CA 91801
Detached garages, separate utility meters, and laundry hookups serve a two-building multifamily property in Alhambra.
Property SizeContact for details
Days on Market145
Property Features for 22 N Electric Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap - Los Angeles
(213) 943-1800
Listed By:
Sean Rosenzweig · License #CA 01406343
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 2:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This multifamily property includes a detached one-bedroom, one-bath house and a fourplex with four two-bedroom, one-bath units. Built in 1948/1949, the property has five detached one-car garages, separate gas and electric meters, individual water heaters, and washer and dryer hookups for each unit. Heating and cooling are provided by high-BTU electric combination wall units.
Two units have been renovated with new two-tone paint, dual-pane windows, upgraded wood flooring, marble-like tile, granite countertops, and new electrical panels. The occupied unit received similar improvements in 2017. Four of the five units are scheduled to be delivered vacant at closing, including the two renovated units described as rent-ready.
The property is in Alhambra near San Marino and South Pasadena, with access to Downtown Alhambra, Atlantic Time Square, Old Town Pasadena, Costco, Target, and the 10 and 110 Freeways. Soft-story retrofit work is not required.
Two units have been renovated with new two-tone paint, dual-pane windows, upgraded wood flooring, marble-like tile, granite countertops, and new electrical panels. The occupied unit received similar improvements in 2017. Four of the five units are scheduled to be delivered vacant at closing, including the two renovated units described as rent-ready.
The property is in Alhambra near San Marino and South Pasadena, with access to Downtown Alhambra, Atlantic Time Square, Old Town Pasadena, Costco, Target, and the 10 and 110 Freeways. Soft-story retrofit work is not required.
Key Highlights
- Five‑unit configuration: one detached 1‑bedroom/1‑bath house plus a 4‑unit building with 2‑bedroom/1‑bath units
- Five detached one‑car garages with remote‑controlled entry
- Four of five units delivered vacant at closing; two are already renovated and rent‑ready
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,786
Businesses Nearby
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Business Placement
Demographics for 91801, CA
53,669
Population
21,702
Households
2.5
Avg Household Size
41
Median Age
41%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
12,481
Density / Sq Mi
$85,549
Median Household Income
$47,855
Median Earnings
$1,879
Median Rent
$797,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Detached garages, separate utility meters, and laundry hookups serve a two-building multifamily property in Alhambra.
Where is this apartment building located?
The property is located at 22 N Electric Ave Alhambra, CA.
What are key features of this property?
This property features: Five‑unit configuration: one detached 1‑bedroom/1‑bath house plus a 4‑unit building with 2‑bedroom/1‑bath units; Five detached one‑car garages with remote‑controlled entry; Four of five units delivered vacant at closing; two are already renovated and rent‑ready
