$4,250,000
-$150,000411 N Chapel, Alhambra CA 91801
Multi-Family (14 Units)
Property type
70 days
On market
$309
Price per sqft
0 cars
Garage
1963
Year built
16,022 sqft
Lot size
Home highlights
Open Houses
Overview
First Time for Sale in 32 years - Prime 14-unit north Alhambra Value-add Opportunity - NO Local Rent Control | Walk to Downtown Alhambra | South Pasadena + San Marino Adjacent | Superb Demographics | Outstanding Unit Mix. 50% of the units are due for 8% rent increases in the next 2 months. 411 N Chapel Ave., a prime 14-unit value-add apartment community in highly...
Listing provided by: Handoko Chen DRE #01749321, Growth Investment Group Pasade
Listing updated: Jun 10, 2026 at 10:11pm.
Last checked: Jun 15, 2026 at 08:30am
Source: CRMLS #AR26073541
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $3,190 | $3,190 | $3,300 | Unfurnished |
| 3 | 2 | 2 | — | $1,828 | $5,485 | $8,100 | Unfurnished |
| 6 | 2 | 1 | — | $2,042 | $12,254 | $15,600 | Unfurnished |
| 4 | 1 | 1 | — | $1,704 | $6,815 | $9,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Separate Electric Meters: 15
Separate Gas Meters: 1
Separate Water Meters: 1
Carpet: 14
Ranges: 14
Rent Control: No
Units Leased: 14
Total Actual Rent: $27,744
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
12.8x
List Price / Annual Gross Rent
Cap Rate
4.66%
NOI / List Price
Gross Scheduled Income: $333,328
Vacancy Allowance Rate: 2%
Operating Expense: $128,864
Net Operating Income: $197,798
Annual Operating Expenses
Electric: $1,504
Gardener: $2,040
Fuel: $8,803
Insurance: $14,450
Licenses: $2,704
Maintenance: $24,324
New Taxes: $50,272
Pest Control: $1,068
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $6,065
Water / Sewer: $13,156
Workers Comp: $0
Interior
Flooring: Carpet, Vinyl, Wood
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Electric Range
Fireplace: None
Laundry: Common Area
Entry Location: 1
Exterior
Architectural Style: Traditional
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Shingle
Construction Materials: Stucco
Property Condition: Repairs Cosmetic
Common Walls: Two Common Walls Or More
Direction Faces: Northeast
Lot Features: Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level
Pool: None
Spa: None
Fencing: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: None
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Uncovered Spaces: 3
Carport Spaces: 18
Parking Total: 21
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5337003027
Additional Parcels: No
Tax Lot: 22
Tax Block: C
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban, Valley, Park
Nearby Schools
Nearby schools around the 411 N Chapel, Alhambra, CA 91801. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,400,000
Total Interest
$4,336,513
Total Payment
$7,736,513
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$26,067
per month
Property History for 411 N Chapel
Alhambra Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91801.
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