501 N  Chapel Ave, Alhambra, CA 91801
SOLDMAR 8, 2024

501 N Chapel Ave
Alhambra, CA 91801

  • 8 Beds
  • 6 Baths
  • 4,043 sqft
  • 8 Beds
  • 6 Baths
  • 4,043 sqft

$1,790,000

Last Sold: Mar 8, 2024
8% below list $1.95M
$443/sqft
Est. Refi. Payment $11,390/mo*

Homes for Sale Near 501 N Chapel Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 08, 2024
$149,000 PRICE REDUCTION!!! We are pleased to present 501 S. Chapel Avenue, a charming six-unit apartment complex in the heart of Alhambra. Situated on a 7,652 square foot lot, the property features an ideal unit mix consisting of a two-bedroom, one-and-a-half-bath + den two-story townhouse-style owner's unit, two two-bedroom, one-bath units, two one-bedroom, one-bath units, and one non-conforming studio with one bath (delivered vacant). One of the one-bedroom units received a complete renovation in 2023, and the non-conforming studio was remodeled in 2021. Newer windows enhance the property's overall appeal. This is the first time in over 45 years that this property has come to market, offering 13 generous parking spaces, individual gas and electricity meters and an on-site laundry room. The property is ideally located minutes from Almansor Park, the Alhambra Golf Course, Alhambra Place, and the vibrant shops and restaurants lining Main Street in downtown Alhambra. Don't miss out on this outstanding investment opportunity!

Home Highlights

Parking
13 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$443/sqft
Listed
165 days ago

Home Details for 501 N Chapel Ave

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 6
Dimensions and Layout
Living Area: 4043 Square Feet
Appliances & Utilities
Appliances: Range/Oven
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 13Parking: Parking Space

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $1,950,000Price Per Sqft: $443/sqft
Status Change & Dates
Off Market Date: Mon Feb 26 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Alhambra

Building

Building Area
Building Area: 4043 Square Feet

Lot Information

Lot Area: 7653.492 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Owner Pays: Water, Grounds Care

Miscellaneous

Mls Number: 23-330295
Last check for updates: about 11 hours ago
Listed by Benjamin J. Hsiang DRE # 01438644, (424) 377-6001
Realty Investment Advisors, Inc.
Alexander Metaxas DRE # 01784652, (626) 313-4901
Realty Investment Advisors, Inc.
Bought with: Out Of Area DRE # 00000000, OUT OF AREA
Source: CLAW, MLS#23-330295

Price History for 501 N Chapel Ave

DatePriceEventSource
03/08/2024$1,790,000Sold
CLAW #23-330295
02/26/2024$1,950,000PendingCLAW #23-330295
12/13/2023$1,950,000PriceChange
CLAW #23-330295
11/15/2023$2,099,000Listed For SaleCLAW #23-330295
01/11/2019$2,380,000Sold
CLAW #18415032
01/03/2019$2,500,000PendingAgent Provided
12/11/2018$2,500,000Listed For SaleAgent Provided

Comparable Sales for 501 N Chapel Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.45
Multi-Family Home
$2,300,000
05/31/23
11
7
5,178
0.64
Multi-Family Home
$1,540,000
11/01/23
8
8
4,444
0.64
Multi-Family Home
$1,850,000
05/10/23
7
4
3,000
0.80
Multi-Family Home
$1,550,000
03/21/24
6
6
3,169
0.78
Multi-Family Home
$1,600,000
04/18/24
6
5
2,971
0.16
Multi-Family Home
$3,950,000
09/06/23
16
12
9,172

Assigned Schools

These are the assigned schools for 501 N Chapel Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Alhambra

  • Lynnstoner.mansir
    "There are a lot of dog owners here. There are two groups of dog owners and their dogs who meet at the park every afternoon - - one group for big dogs and one for small and mid-size dogs. Everyone is friendly. "
    1
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  • Mariela Cortés
    "I’ve lived in Alhambra for 6 years and have not found a problem. The school districts are okay, not as great as others."
    0
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  • Trulia User
    "I don’t actually know? Why is there a minimum requirement here! I don’t have enough to write. There’s trees and stuff. Dogs like trees"
    0
    Flag
  • Trulia User
    "El sereno is not really safe. Do not move here lol. Unless you want trouble I would not suggest it. "
    6
    Flag
  • Veganltlbear
    "Great for raising a family, parks close by, good schools, great downtown for many activities. Try to find one of the SFR zine areas and you’ll be happy "
    1
    Flag
  • Jmartinezucla
    "Everyone has dogs on a leash and it’s a nice area to walk in. The park is a few blocks away and is set up with doggy bags stands."
    12
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  • Christina M.
    "Feels like a community, very welcoming would recommend to a friend or potential neighbor. Very safe, quiet, everyone to themselves, close to freeways, away from city"
    0
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  • Kenneth J.
    "This is a Great area and is really neighborhood friendly ... I love in the area and never had a problem !!"
    3
    Flag
  • Susana R.
    "The water supply is more cleaner and the neighborhood is safe. Downtown Main Street is very nice and popular."
    0
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  • Tommy L.
    "It’s alright, no traffic to DTLA is 15 mins but with traffic it could be up to 45 mins. Easy drive to Pasadena. "
    0
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  • Abraham B.
    "Pandemic times - no commute - work from home - traffic has been minimal otherwise compared to the city."
    0
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  • Darrell T.
    "Weekly farmers market on Main Street. Easter egg, 4th of July celebration, and many other seasonal events. Many community events."
    1
    Flag
  • Steven H.
    "Lots of beautiful neighborhood areas to walk. Not everyone in the area is very dog friendly, some people seem stand-off-ish if they pass you while walking "
    0
    Flag
  • Ashley C.
    "I love it here. Lots of restaurants and not too far from LA. I don’t know if this is a good area for kids but I think it’s good for younger adults or older adults without kids definitely."
    3
    Flag
  • Miles T.
    "I live here for a year and street parking is a big issue but only in certain areas, always be careful where u park."
    1
    Flag
  • Breanna F.
    "It’s a great place. I’ve lived in Alhambra for 2 years and borderline Alhambra/ El Sereno for 5 and there’s a little bit of everything here. Everything is close by and welcoming "
    4
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  • Juan M.
    "I’ve lived in this neighborhood for 2 years. Never had to complain, everyone is friendly. Clean sidewalks as well "
    0
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  • Amanda G.
    "ACT Green line helps me bring my daughter to school for only a quarter. Super clean and the drivers are so nice. Timing is off sometimes but other than that, its great."
    0
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  • Virginia G.
    "They would like that the streets are not terribly busy with passing cars. People are respectful and it is very peaceful to go for walks around here. "
    3
    Flag
  • Rehabcounselor2001
    "you can walk your dog at any time., as long as you pick up after them. I believe it's a dog friendly city."
    0
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  • Allysgirls
    "There are community events hosted by the local firefighters at the fire department throughout the year. "
    0
    Flag
  • Trisatran
    "It gets busy during popular hours such as 7-9am and 5-7pm. During weekends, it gets congested during daylight hours "
    0
    Flag
  • Tiffany W.
    "Early in the morning coyotes are out. It’s a little scary so carry a stick when out walking your dog. "
    1
    Flag
  • Julia
    "Their is a annual event with the cops dinner night. All their reading program event that happen during the summer. The music Friday nights at Ricky’s. The pumpkin patch run. "
    0
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  • Vash_Stepler
    "It is getting unsafe to live everywhere! Plus, you cannot be biking around in this area. You will get run over! Too many drivers driving around in this area that do not know what the road rules are. I am serious! "
    8
    Flag
  • Miguelavila54
    "Our area has great schools, parks and restaurants. It’s a friendly town and great to live and be part of this wonderful community."
    0
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  • Jenny M.
    "Loving this city everyone here are very respectful and nice. I just recently moved to Alhambra and I’m glad I did "
    0
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  • Dmartinez3128
    "You’re lucky if you can find a parking in this area because so many people are living under the same roof and the apartments only allow one or two parking so everybody is cramping the street with all these extra cars that the city should not be allowing them to park or rent if they don’t have apartments but for them"
    3
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  • Tiffany W.
    "Coyotes do venture out in our neighborhood. Walk with a stick if you’re out early morning and don’t leave small dogs out at night. "
    2
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  • Chloe Z.
    "It’s very good community,I grew up here Almost trying to years it’s very Convenient area,Depends where you live close to the city or a quiet place"
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  • Gabby052785
    "there is a lot of activity for families in the park , the schools are very good. Alhambra is a very good neighborhood to live with family. "
    0
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  • Tommy W
    "The education system is still not quite there. We’re opting for private school. The interests of the problem children are being prioritized over kids with real potential. "
    0
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  • Trulia User
    "This neighborhood feels pretty safe. I like that many stores and cafes are open late throughout the entire week. It gives you a night time option. I used to live in a city that basically goes to sleep at 8pm and being busy at work late night options are a must. Alhambra is also home to many boba tea shops which is a staple of the 626 in general."
    0
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  • Ed S.
    "Nice neighborhood with great parks and good schools. Centrally located and very clean bordering South Pasadena, Temple City etc. Average traffic and well policed"
    0
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  • Abigail M.
    "There is daily permit parking for every day of the week with the exception of holidays. You can also purchase a parking sticker if you live in the area. "
    0
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  • Diana P.
    "I love this area, i living this area over 10 years, nice neighborhood, close supermarket ;shopping center; restaurant; town center; post office; hospital....."
    0
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  • Marcella G.
    "Neighbor hood watch meetings staying connected to our city’s web page and all the events that happen in our city"
    0
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  • SM04
    "Alhambra is a nice place to live. Quiet and convenient. Low gang violence and lots of trees. I hear this is a good school district. "
    0
    Flag
  • Tommy H.
    "The neighborhood is very diverse in age and also cultures. Everyone is friendly and I haven't experienced any "bad" neighbors in the past three years. "
    0
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  • Ana V.
    "Summer jubilee festivals outside of city hall during the weekends every summer. Chinese New Year parades on Valley"
    0
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LGBTQ Local Legal Protections

© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 501 N Chapel Ave

Off Market Homes Near 501 N Chapel Ave

501 N Chapel Ave, Alhambra, CA 91801 is a 8 bedroom, 6 bathroom, 4,043 sqft multi-family built in 1967. This property is not currently available for sale. 501 N Chapel Ave was last sold on Mar 8, 2024 for $1,790,000 (8% lower than the asking price of $1,950,000). The current Trulia Estimate for 501 N Chapel Ave is $1,810,800.