Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
Listing photo for 22 N Electric Avenue, Alhambra, CA
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22 N Electric Avenue,

Alhambra, CA $1,750,000

$1,750,000

We are pleased to present for sale 22 North Electric Avenue, a five unit multifamily building located in the city of Alhambra, a core market in the San Gabriel Valley. The property borders the affluent neighborhoods of San Marino and South Pasadena, and is only fifteen minutes from Downtown Los Angeles. The asset's stellar location and condition offer a new investor high rental potential.The meticulously maintained property built in 1948/1949 consists of one detached one-bedroom/one-bathroom house and one fourplex comprised of two-bedroom/one-bathroom units. It is strategically positioned to avoid recent rent control regulations by having four out of five units delivered vacant at the close of escrow. Two of those four units are already rent-ready and have been tastefully renovated with newly painted two-tone walls, dual pane windows, upgraded wood floors, white carrera marble-like tiles, granite countertops, and new electrical panels.

Facts & Features
MLS® # 20546932
Price $1,750,000
Bathrooms 0.00
Acres 0.00
Year Built 1948
Type Residential Income
Status Active Under Contract
Community Information
Address 22 N Electric Avenue
Area Alhambra (601)
City Alhambra
County Los Angeles
State CA
Zip Code 91801
Amenities
Is Waterfront No
Has Pool No
Interior
Heating Wall Heater
Fireplace No
# of Stories 2
Additional Information
Date Listed January 24th, 2020
Days on Market 73
Zoning CPD
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Agent Sean Rosenzweig(01406343)
Office Marcus & Millichap
Photo of Jacqueline Thompson

Jacqueline Thompson

Office: (949) 326-3392
Cell: (949) 326-3392

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.