333 N Chapel Avenue, Alhambra, CA 91801

  • $2,925,000
  • $2,980,000
333 N Chapel Avenue, Alhambra, CA 91801
Active
333 N Chapel Avenue, Alhambra, CA 91801
333 N Chapel Avenue, Alhambra, CA 91801
  • $2,925,000
  • $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.

  • Address 333 N Chapel Avenue
  • City Alhambra
  • State/county CA
  • Zip/Postal Code 91801
  • Country US

Details

Updated on June 7, 2025 at 12:01 am
  • Property ID: WS25064082
  • Price: $2,925,000
  • Property Size: 5699 Square Feet
  • Land Area: 0.1823 Acres
  • Garage Size: x x
  • Year Built: 1970
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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Hoyt Hochman
  • Hoyt Hochman