333 N Chapel Avenue #A, Alhambra, CA 91801 - Berkshire Hathaway HomeServices California Properties
333 N Chapel Avenue #A Alhambra, CA 91801
$2,925,000 0 beds, 0 baths
0 sqft

Agent Remarks

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 Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# WS25064082
List price is $2,925,000 Reduced by $55,000 on 6/7/2025
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1970
2 stories
0.18 acres
Lot size: 0.1823
County: Los Angeles
Zoning: ALRPD*
Lot description: ZeroToOneUnitAcre
MLS area: 601 - Alhambra

Last Updated: 6/7/2025

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This listing belongs to the 601 - Alhambra MLS area

Lat/Long: 34.100091, -118.126498.
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Listing Agent: HORIZON HOM
Lic#: 01234982
Office Name: Mission Viejo

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