333 N Chapel Ave Unit A Alhambra, CA 91801
Estimated payment $18,509/month
Highlights
- No HOA
- Laundry Room
- 3-minute walk to Story Park
- Garfield Elementary School Rated A-
About This Home
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.
Listing Agent
HORIZON REAL ESTATE SERVICES Brokerage Phone: 310-213-3216 License #00975323 Listed on: 04/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 7,943 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,699 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 2 Open Parking Spaces
- 9 Parking Spaces
- 7 Carport Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 14 / D
- Assessor Parcel Number 5337004017
- $2,135 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Insurance Expense $198
- Trash Expense $225
- Water Sewer Expense $123
- Operating Expense $7,000
- Gross Income $24,000
- Net Operating Income $14,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Price Changed | $2,925,000 | -1.8% | $513 / Sq Ft |
| 04/12/2025 04/12/25 | For Sale | $2,980,000 | -- | $523 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25064082
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
- 300 E Alhambra Rd Unit A
- 300 E Alhambra Rd Unit F
- 300 E Alhambra Rd Unit D
- 300 E Alhambra Rd Unit E
- 105 N Almansor St Unit 4
- 32 N Almansor St Unit D
- 15 S Chapel Ave Unit C
- 414 N 3rd St
- 111 N 2nd St Unit 308
- 909 N Stoneman Ave
- Plan PB-1 at Monterey Bay Square
- Plan PA-2 at Monterey Bay Square
- Plan PA-1 at Monterey Bay Square
- Plan B-1 at Monterey Bay Square
- Plan A-2 at Monterey Bay Square
- Plan A-1 at Monterey Bay Square
- 168 S Monterey St Unit 209
- 168 S Monterey St Unit 511
- 168 S Monterey St Unit 502
- 168 S Monterey St Unit 410
- 336 N Chapel Ave Unit D
- 400 N Chapel Ave
- 414 N Monterey St Unit A
- 320 N Stoneman Ave Unit A
- 315 N Stoneman Ave Unit A
- 108 N Chapel Ave Unit 5
- 613 Lindaraxa Park
- 515 N 1st St Unit E
- 15 S Chapel Ave Unit B
- 29 N 1st St Unit A
- 415 N 2nd St Unit C
- 903 N Monterey St Unit C
- 420 N 3rd St Unit B
- 168 S Monterey St Unit 518
- 808 N 2nd St
- 88 S Garfield Ave
- 421 E Bay State St
- 411 N Vega St
- 525 Howard St Unit F
- 525 Howard St Unit E