333 N Chapel Avenue #A

Alhambra, CA 91801

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,699 Sqft
  • 7943
    Sqft(Lot)
$2,980,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49346281

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Property Details

  • Water/Sewer

    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1970
    • Building Area Total: 5,699

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1823
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7943

  • Listing Price Information

    • Original List Price: 2,980,000
    • Listing Contract Date: 2025-04-08

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5337004017

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 601 - Alhambra
    • Postal Code Plus 4: 2578
    • Directions: Main Street to 333 N Chapel
    • Zoning: ALRPD*
    • Source Property Type: Residential Income
    • Area: 601 - Alhambra
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 55
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Street
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/15/2025 @ 20:48

  • MLS: WS25064082
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 5,699 sqft, 7,943 sized lot, and 0 parking. are nearby neighborhoods.