Redfin is joining Rocket

Discover how we're simplifying your journey home.

$2,350,000

22 N Electric Ave Alhambra, CA 91801

0.2 acres
Condo

Property details

About 22 N Electric Ave

Now available in the heart of Alhambra—an outstanding 5-unit income property offering 3,840 square feet of rentable space on a well-maintained lot. This prime investment opportunity features a mix of updated interiors with modern finishes and classic charm, making it ideal for both seasoned investors and first-time multifamily buyers. The units boast clean, spacious layouts with hardwood-style flooring, ample natural light, and updated kitchens and baths. Select units include in-unit laundry and split-system A/C. The property also offers on-site parking and has been thoughtfully landscaped with privacy hedges and low-maintenance greenery. Conveniently located near shopping, restaurants, and major transit corridors, this turnkey property offers strong rental upside and long-term stability in one of the San Gabriel Valley’s most sought-after rental markets. Don’t miss your chance to own a quality asset in a high-demand neighborhood.

Highlights

Home typeCondominium
StatusActive
Lot size0.175 Acres
Year built1948
MLS #SR25114429
Garage5 spaces

Summary

  • Garage Space: 5 spaces
  • Private Pool: No
  • List Price: $2,350,000
  • Annual Tax Amount: $24,460
  • Tax Year: 2024
  • Directions: In between N Raymond Ave and N Atlantic Blvd
  • Year Built: 1948
  • Stories: 2
  • Lot Size: 0.175 Acres
  • MLS Number: SR25114429
  • MLS Name: CRMLS
  • Office Name: JohnHart Real Estate
  • Office Phone: (818) 400-1868
  • Listing Agent: Haik Bokhchalian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 3:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 30, 2023
Home Sold
$1,900,000
Mar 05, 2020
Home Sold
$1,800,000

Tax history

YearAssessmentProperty Tax
2024$1,938,000$24,460
2023$1,892,119$24,122
2022$1,855,019$22,977
2021$1,818,647$22,745
2020$420,545$6,599
2019$412,300$6,532
2018$404,217$6,408
2017$396,292$6,408

History based on county public records data.

Nearby schools

7

Sierra Vista Elementary

Public District KG-6

1.2 mi

4342 Alpha St

9

Marengo Elementary School

Public District KG-5

1.3 mi

1400 Marengo Ave

8

Monterey Hills Elementary School

Public District KG-5

1.6 mi

1624 Via Del Rey

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,569. The majority of Alhambra, CA residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
42%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
13%
Single, with Kids
22%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 22 N Electric Ave

The listing price of 22 N Electric Ave property is $2,350,000.

The property 22 N Electric Ave is a condo located in Alhambra, California, 91801.

Active Listing: 22 N Electric Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 22 N Electric Ave are: Sierra Vista Elementary (GreatSchools Rating 7/10), Marengo Elementary School (GreatSchools Rating 9/10), Monterey Hills Elementary School (GreatSchools Rating 8/10), Park Elementary School (GreatSchools Rating 8/10), William Northrup Elementary School (GreatSchools Rating 5/10), Garfield Elementary School (GreatSchools Rating 8/10), Independence High (Alternative) (GreatSchools Rating 4/10), Alhambra High School (GreatSchools Rating 8/10), South Pasadena High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $24,460 (source: MLS/based on county public records data).

The last sale was on March 30, 2023 for $1,900,000 (source: MLS/tax record).

The property at 22 N Electric Ave has 0 bathroom.

The year of construction for 22 N Electric Ave is 1948.

This home is located at 22 N Electric Ave in Alhambra, CA and zip code 91801 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $2,350,000.

In June 2025 more than 10 listings in Alhambra, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 8 were sold below. Between May and June 2025, Alhambra, CA real estate market has seen increase in the number of listings by 9.4%. In June 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $890,000.

From Rocket Homes Real Estate and based on county public records data.

More resources