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Sold for $2,100,000
  • Listed by: JohnHart Real Estate • Haik Bokhchalian • Contact: 818-246-1099
    Bought with: Realty Advisory Group, Inc.
    $2,100,000

    22 N Electric Ave, Alhambra, CA 91801

    9beds
    5baths
    3,840sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $547/sqft
    $2,936 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,936/mo

    Zestimate® history
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    What's special

    Privacy hedgesClassic charmClean spacious layoutsAmple natural lightHardwood-style flooringWell-maintained lotUpdated kitchens and baths
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Haik Bokhchalian DRE #01325511 818-400-1868,

    JohnHart Real Estate,

    Ani Barseghyan DRE #02209411,

    JohnHart Real Estate

    Bought with:

    James Abbott, DRE #00769697

    Realty Advisory Group, Inc.

    Source: CRMLS,MLS#: SR25114429MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,840
    • Total interior livable area: 3,840 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,621 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5338012007
    • Zoning: ALP*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Alhambra

    Financial & listing details

    • Price per square foot: $547/sqft
    • Tax assessed value: $1,976,760
    • Annual tax amount: $25,174
    • Date on market: 5/22/2025
    • Cumulative days on market: 423 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Owner Will Carry

    Price history

    DateEventPrice
    12/22/2025Sold$2,100,000-8.7%$547/sqft
    Source: CRMLS #SR25114429 Report a problem
    11/14/2025Listing removed$2,400$1/sqft
    Source: JohnHart Real Estate Report a problem
    11/14/2025Pending sale$2,300,000$599/sqft
    Source: JohnHart Real Estate #SR25114429 Report a problem
    11/14/2025Contingent$2,300,000$599/sqft
    Source: CRMLS #SR25114429 Report a problem
    9/16/2025Listed for rent$2,400-15.8%$1/sqft
    Source: JohnHart Real Estate Report a problem
    9/14/2025Price change$2,300,000-2.1%$599/sqft
    Source: JohnHart Real Estate #SR25114429 Report a problem
    7/10/2025Price change$2,350,000-4.1%$612/sqft
    Source: JohnHart Real Estate #SR25114429 Report a problem
    5/22/2025Price change$2,450,000-1.2%$638/sqft
    Source: CRMLS #SR25114429 Report a problem
    2/24/2025Listing removed$2,850$1/sqft
    Source: CRMLS #AR25003753 Report a problem
    2/2/2025Listed for rent$2,850$1/sqft
    Source: CRMLS #AR25003753 Report a problem
    1/12/2025Listing removed$2,850$1/sqft
    Source: CRMLS #AR25003753 Report a problem
    1/10/2025Listed for rent$2,850+29.5%$1/sqft
    Source: CRMLS #AR25003753 Report a problem
    10/31/2024Price change$2,480,000-4.6%$646/sqft
    Source: CRMLS #AR24172997 Report a problem
    8/26/2024Listed for sale$2,600,000+36.8%$677/sqft
    Source: CRMLS #AR24172997 Report a problem
    3/30/2023Sold$1,900,000-17.4%$495/sqft
    Source: Public Record Report a problem
    3/17/2023Pending sale$2,300,000$599/sqft
    Source: CRMLS #AR22245447 Report a problem
    2/25/2023Price change$2,300,000-3.8%$599/sqft
    Source: CRMLS #AR22245447 Report a problem
    12/5/2022Price change$2,390,000+13.8%$622/sqft
    Source: CRMLS #AR22245447 Report a problem
    11/22/2022Listed for sale$2,100,000$547/sqft
    Source: CRMLS #AR22245447 Report a problem
    10/1/2022Listing removed--
    Source: RE/MAX International Report a problem
    8/18/2022Price change$2,100,000+5.5%$547/sqft
    Source: RE/MAX International #WS22163110 Report a problem
    7/25/2022Listed for sale$1,990,000+10.6%$518/sqft
    Source: RE/MAX International #WS22163110 Report a problem
    3/5/2020Sold$1,800,000+2.9%$469/sqft
    Source: CLAW #20546932 Report a problem
    2/6/2020Pending sale$1,750,000$456/sqft
    Source: Marcus & Millichap #20546932 Report a problem
    1/25/2020Listed for sale$1,750,000$456/sqft
    Source: Marcus & Millichap #20546932 Report a problem
    10/18/2019Listing removed$2,200$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/17/2019Listed for rent$2,200$1/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,174 +2.9%$1,976,760 +2%
    2024$24,461 +1.4%$1,938,000 +2.4%
    2023$24,122 +5%$1,892,119 +2%
    2022$22,978 +1%$1,855,019 +2%
    2021$22,745 +236.3%$1,818,647 +332.5%
    2020$6,764 $420,545 +2%
    2019$6,764 +3.5%$412,300 +2%
    2018$6,532 $404,217 +2%
    2017$6,532 +1.9%$396,292 +2%
    2016$6,409 +6.4%$388,522 +1.5%
    2015$6,022 +1.9%$382,687 +2%
    2014$5,908 $375,191 +4.5%
    2011-- $358,995 +0.8%
    2010-- $356,313 -0.2%
    2009-- $357,160 +4%
    2007-- $343,293 +2%
    2006-- $336,562
    2005-- $336,562 +4%
    2004-- $323,494 +1.9%
    2003-- $317,566 +2%
    2002-- $311,340 +4%
    2000-- $299,252
    Find assessor info on the county website

    Neighborhood: 91801

    Nearby schools

    GreatSchools rating