NOT LISTED FOR SALE

501 N Chapel Ave Alhambra, CA 91801

Downtown Alhambra Neighborhood
15 Beds
11 Baths
8,336 Sq Ft
8,106 Sq Ft Lot

Sale Details

Date Sold: January 11, 2019

Last sale price $2,380,000 $286 Per Sq Ft

23 Days on Market

About This Home

As of January 2019

We are pleased to present 501 N. Chapel Ave - A prime 8 unit property in a perfect part of Alhambra! Boasting high walk and transit scores, and a location that is unrivaled for Alhambra, this property is sure to attract an array of tenants wanting to settle in a clean and friendly neighborhood. North of Main St and under $300 per square foot, you do not want to miss out on this investment opportunity!This property also possesses a fantastic unit mix of 1, 2 & 3 bedroom units, with ample living space, in an aesthetically pleasing building. From working professionals and students to families just starting off, the property provides an attractive living opportunity for the area's demographics. Do not miss this opportunity to own a prime investment, situated in one of the best areas of Alhambra!

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 12/11/2018

Co-Listed By

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652

Last Buyer's Agent

Hao Ding

MacroReal Inv Grp Inc. License #02024511

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,106 Sq Ft Lot

Interior Spaces

  • 8,336 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 11 Bathrooms

Parking

  • 8 Parking Spaces
  • Covered Parking

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5337-003-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

8,106 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8336
  • Price Per Unit: 312500.00
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 299.90

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 8

Fee Information

  • Insurance Expense: 3751.00
  • Maintenance Expense: 5949.00
  • Other Expense: 1000.00
  • Trash Expense: 8000.00

Lot Info

  • Assessed Improvement Value: 858575
  • Assessed Land Value: 374375
  • Assessor Parcel Number: 5337-003-015
  • Geocode Override: No
  • Lot Size Area: 8106

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 21.01
  • Number Of Units: 8
  • Rent Control: 0
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 30000.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2024
Sold by
Rosewood Property Llc
Bought by

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jan 4, 2019
Sold by
Doi Sanford M and Peterson Mark R
Bought by
Rosewood Property Llc
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
Hao Ding
MacroReal Inv Grp Inc.
List Price
$2,500,000
Sold Price
$2,380,000
Premium/Discount to List
-$120,000
-4.8%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Doi Lisa Michelle Mariko
Bought by
Peterson Mark R and Doi Lisa M

Purchase Details

Closed on
Aug 21, 2012
Sold by
Doi Lisa M and Doi Lisa Michelle Mariko
Bought by
Doi Lisa Michele Mariko and Lisa Michele Mariko Doi Living Trust

Purchase Details

Closed on
Oct 20, 2002
Sold by
Chan Kin Wah and Chan Winnie Yee Wan
Bought by
Doi Sanford M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,000
Interest Rate
5.99%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Alhambra, CA

  • Mike Chou Real Estate Agent - K.W. EXECUTIVE

    Mike Chou

    K.W. EXECUTIVE

    (626) 653-4295

    172 Total Sales

    9 in Downtown Alhambra

    $563K - $940K Price Range

    Mike Chou
     Section Image
  • Kitty Ho Real Estate Agent - Wetrust Realty

    Kitty Ho

    Wetrust Realty

    (626) 784-7203

    103 Total Sales

    1 in Downtown Alhambra

    $750,000 Price

    Kitty Ho
     Section Image
  • Gina Isaac Real Estate Agent - Nourmand & Associates-HW

    Gina Isaac

    Nourmand & Associates-HW

    (424) 288-7115

    55 Total Sales

    1 in Downtown Alhambra

    $775,000 Price

    Gina Isaac
     Section Image
  • Josh Stein-Sapir Real Estate Agent - Keyes Real Estate

    Josh Stein-Sapir

    Keyes Real Estate

    (562) 456-3475

    137 Total Sales

    2 in Downtown Alhambra

    $800K - $1.7M Price Range

    Josh Stein-Sapir
     Section Image
  • Ramon Sanchez Real Estate Agent - Century 21 Allstars

    Ramon Sanchez

    Century 21 Allstars

    (562) 684-6070

    170 Total Sales

    1 in Downtown Alhambra

    $735,000 Price

    Ramon Sanchez
     Section Image
  • Lan 'Gloria' Xiao Real Estate Agent - RE/MAX ELITE REALTY

    Lan 'Gloria' Xiao

    Responds Quickly

    RE/MAX ELITE REALTY

    (562) 600-8264

    117 Total Sales

    8 in Downtown Alhambra

    $695K - $880K Price Range

    Lan 'Gloria' Xiao
     Section Image
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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 Buyer Sale Price Title Company
$3,390,000 Chicago Title Company
Rosewood Property Llc $2,380,000 North American Title Company
Peterson Mark R -- None Available
Doi Lisa Michele Mariko -- None Available
Doi Sanford M $988,000 Stewart Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $50,000
Previous Owner Doi Sanford M $538,000
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
01/11/2019 01/11/19 Sold $2,380,000 -4.8% $286 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $2,500,000 -- $300 / Sq Ft
Source: The MLS

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
2026 $43,646 $2,536,000 $763,000 $1,773,000
2025 $43,646 $3,457,800 $1,040,400 $2,417,400
2024 $33,148 $2,602,874 $1,820,919 $781,955
2023 $32,876 $2,551,838 $1,785,215 $766,623
2022 $31,330 $2,501,803 $1,750,211 $751,592
2021 $30,992 $2,452,749 $1,715,894 $736,855
2019 $12,869 $1,282,759 $389,499 $893,260
2018 $17,465 $1,257,608 $381,862 $875,746
2016 $16,055 $1,208,776 $367,035 $841,741
2015 $15,828 $1,190,620 $361,522 $829,098
2014 $15,668 $1,167,299 $354,441 $812,858
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Hsiang Real Estate Agent - Realty Investment Advisors, Inc.

    Seller's Agent in 2019

    Benjamin Hsiang

    Realty Investment Advisors, Inc.

    (424) 377-6001

    2 in this area

    74 Total Sales

    Benjamin Hsiang
    Section Image
  • Alexander Metaxas Real Estate Agent - Realty Investment Advisors, Inc.

    Seller Co-Listing Agent in 2019

    Alexander Metaxas

    Realty Investment Advisors, Inc.

    (626) 487-4300

    1 in this area

    37 Total Sales

    Alexander Metaxas
    Section Image

  • HD

    Buyer's Agent in 2019

    Hao Ding

    MacroReal Inv Grp Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 18-415032

The MLS
California Los Angeles County Alhambra 91801 Downtown Alhambra

501 N Chapel Ave, Alhambra, CA

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 MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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