329 North Chapel Avenue

Alhambra CA 91801

7839 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Classic Charm Meets Smart Investment in the Heart of Alhambra! Welcome to 329 N Chapel Avenue, a delightful 1924 triplex bursting with timeless character and incredible upside! This three-unit gem offers 2,111 square feet of living space on a generous 7,839-square-foot lot, all nestled in one of the San Gabriel Valley's most beloved and walkable neighborhoods.Tucked into Alhambra, affectionately known as the 'City of Homes' and the 'Gateway to the San Gabriel Valley', this property puts you just 10 to 15 minutes from the energy of Downtown Los Angeles while keeping that warm, community feel.Walk out your front door and into Story Park, across the street, or stroll over to nearby Almansor Park for green space, walking paths, and sunshine, or explore bustling Main Street with its movie theaters, local shops, and Alhambra's celebrated food scene (yes, including the original 'The Hat' and its legendary pastrami!).Investors and owner-occupants, take note: with three separate units and triplex zoning, this is a fantastic opportunity to generate rental income, house-hack, or build long-term wealth. Comparable triplexes in the area have recently sold from $825,000 all the way up to $1.5 million -- putting this charming property right in the sweet spot of one of LA County's most in-demand rental markets.Vintage 1924 character, an unbeatable location, and real income potential, 329 N Chapel Ave is ready to welcome its next savvy owner. Come see what makes Alhambra living so special!