333 N Chapel Avenue, Alhambra, CA 91801
Local realty services provided by:ERA North Orange County Real Estate
333 N Chapel Avenue,Alhambra, CA 91801
$2,925,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:horizon hom
Office:horizon real estate services
MLS#:WS25064082
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,925,000
About this home
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.
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Home facts
- Listing ID #:WS25064082
- Added:172 day(s) ago
- Updated:October 02, 2025 at 01:54 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Finances and disclosures
- Price:$2,925,000
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