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333 N Chapel Avenue, 
Alhambra, CA 91801

$2,980,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Horizon Hom

Horizon Real Estate Services

Last updated:

April 15, 2025, 02:08 PM

MLS#

WS25064082

Source:

SANDICOR

About This Home

333 N Chapel Avenue

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 expensesoffering 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.

Home Facts

Multi-Family

Price Summary

2,980,000

MLS #:

WS25064082

Last Updated:

April 15, 2025, 02:08 PM

Added:

24 day(s) ago


Lot

Lot Size (Sq. Ft):

7,943


Finances & Disclosures

Finances

Price:

$2,980,000

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