333 N Chapel Avenue
Alhambra, CA 91801
- – beds
- – baths
- – sqft
- 7,943 sqft lot
- 1970 build
- – on site
Located in high-demand North Alhambra, this exceptional fully updated 5-unit multifamily + bonus studio with laundry room is currently generating $24,000/month in Airbnb income with $204,000/year net income after expenses—offering a solid 6.85% CAP rate. Two 3+2ba, One 2+Den + 1Ba, Two 1+1, One Bonus Studio w/ Bathroom (non-conforming; storage or staff use). Gated entry with 9 On-Site Parking Spaces (7 covered carports and 2 oversize uncovered spaces). No existing lease contracts – new owner can set market rents. L.A. City Rent control exempt making it a secure investment in an evolving market. Sold fully furnished with stylish, updated interiors. Airbnb listings included – turnkey transition for investor. Positive cash flow from Day 1. A rare find just minutes from South Pasadena, San Marino, and Downtown LA, the property is conveniently walking distance to Main Street & easy transportation, IMAX Theater, 99 Ranch Market, Sprouts Farmers Market, and sits across from Story Park, tennis courts, and Alhambra High School. Positioned for strong income growth with 2026 FIFA World Cup and 2028 Olympics. Great for User & Investor.
Last checked:
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Last updated Apr 13, 2025
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MLS# WS25064082 —
The Building
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Year Built:1970
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:5699.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:5
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:Street
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Laundry:Community
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Laundry:1
Location
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Directions:Main Street to 333 N Chapel
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Latitude:34.10009100
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Longitude:-118.12649800
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:ALRPD*
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Lot Features:0-1 Unit/Acre
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Lot Size Area:7943.0000
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Lot Size Acres:0.1823
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Lot Size SqFt:7943.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:D
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Tax Census Tract:4803.02
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Tax Lot:14
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5337004017
Utilities
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Sewer:Public Sewer
The Community
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Features:Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking Spaces:9.00
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Uncovered Spaces:2.00
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Carport Spaces:7.00
Extra Units
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Number With Refrigerator:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/12/25
Apr 12, 2025
|
Listed / Active | CRMLS_CA | $2,980,000 |