$1,100,000

Estimated payment $7,045/month

Total Views 655
3 Beds
3 Baths
2,111 Sq Ft
$521 Price per Sq Ft

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Park or Greenbelt View
  • Garfield Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Story Park

About This Home

Classic Charm Meets Smart Investment in the Heart of Alhambra! Welcome to 329 N Chapel Avenue, a delightful 1924 triplex bursting with timeless character and incredible upside! This three-unit gem offers 2,111 square feet of living space on a generous 7,839-square-foot lot, all nestled in one of the San Gabriel Valley's most beloved and walkable neighborhoods.Tucked into Alhambra, affectionately known as the 'City of Homes' and the 'Gateway to the San Gabriel Valley', this property puts you just 10 to 15 minutes from the energy of Downtown Los Angeles while keeping that warm, community feel.Walk out your front door and into Story Park, across the street, or stroll over to nearby Almansor Park for green space, walking paths, and sunshine, or explore bustling Main Street with its movie theaters, local shops, and Alhambra's celebrated food scene (yes, including the original 'The Hat' and its legendary pastrami!).Investors and owner-occupants, take note: with three separate units and triplex zoning, this is a fantastic opportunity to generate rental income, house-hack, or build long-term wealth. Comparable triplexes in the area have recently sold from $825,000 all the way up to $1.5 million -- putting this charming property right in the sweet spot of one of LA County's most in-demand rental markets.Vintage 1924 character, an unbeatable location, and real income potential, 329 N Chapel Ave is ready to welcome its next savvy owner. Come see what makes Alhambra living so special!

Listing Agent

Sherry Simpson

Truth Realty Brokerage Phone: (661) 588-8828 License #00757181 Listed on: 06/20/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,839 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Wood Fence
  • Stucco Fence
  • Fence is in good condition
  • Sprinklers Throughout Yard
  • Lawn

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 2,111 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Living Room
  • Park or Greenbelt Views

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 5337004018

Community Details

Overview

  • 3 Units
  • Story Park
  • Greenbelt

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $31,092
  • Trash Expense $2,400
  • Water Sewer Expense $1,200
  • Operating Expense $34,692
  • Gross Income $51,600
  • Net Operating Income $46,908

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

7,839 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Park Name: Story Park
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Story Park
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: ALRPD
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5337004018
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 521.08
  • Room Type: Main Floor Primary Bedroom, Kitchen, Living Room, Primary Bathroom
  • Window Features: Bay Window(s)

Exterior Features

  • Foundation: Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Vinyl, Wood, Good Condition, Stucco Wall
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Assigned, Garage - Single Door, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop, Free-Standing Range, Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Urban, Storm Drains, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers On Side, Utilities - Overhead, Near Public Transit, Sprinklers Timer, Sprinkler System, Greenbelt, Lawn, Sprinklers In Rear
  • Lot Size Sq Ft: 7839.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Average Studio Area: 500 Square Feet
  • Gross Income: 51600.00
  • Gross Scheduled Income: 81600.00
  • Insurance Expense: 31092.00
  • Lot Size Area: 7839.0000 Square Feet
  • Net Operating Income: 46908.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 34692.00
  • Rent Control: No
  • Total Actual Rent: 4400.00
  • Total Expenses: 34692.00

Tax Info

  • Tax Lot: 15

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,250 $1,040,400 $612,000 $428,400
2024 $12,902 $1,020,000 $600,000 $420,000
2023 $6,777 $486,967 $364,336 $122,631
2022 $6,480 $477,420 $357,193 $120,227
2021 $6,411 $468,060 $350,190 $117,870
2020 $6,379 $463,262 $346,600 $116,662
2019 $6,203 $454,179 $339,804 $114,375
2018 $6,103 $445,275 $333,142 $112,133
2016 $5,632 $427,986 $320,206 $107,780
2015 $5,551 $421,559 $315,397 $106,162
2014 $5,498 $413,302 $309,219 $104,083
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2026 06/20/26 For Sale $1,100,000 0.0% $521 / Sq Ft
01/26/2024 01/26/24 Rented $2,600 0.0% --
01/17/2024 01/17/24 For Rent $2,600 0.0% --
01/16/2024 01/16/24 Off Market $2,600 -- --
01/05/2024 01/05/24 For Rent $2,600 -- --
Source: Ventura County Regional Data Share

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Source: Ventura County Regional Data Share

MLS Number: V1-37115

Ventura County Regional Data Share

APN: 5337-004-018

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