- Summary
- Location
- Amenities
Realty Investment Advisors is 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 (delivered vacant) with one bath. 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 within walking distance of 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!
- First Time on the Market in Over 45 Years!
- Significant Rental Upside Potential
- No Local Rent Control; Subject to AB1482 (5% + CPI Annual Increases)
- 1967 Construction
- Excellent Alhambra Location
- Individually Metered for Gas and Electricity
- Updated with Newer Windows
- 13 Parking Spaces
- 2 Bedroom 1.5 Bath+den Two-Story Townhouse Style Owner’s Unit
Current Listings
4 UNITS | CULVER CITY ADJACENT
Realty Investment Advisors is pleased to present 8612 Beverlywood Street, a rare value-add four-plex ideally located in a highly desirable Culver City adjacent location. As a four-unit property, 30-year residential fixed-rate financing is available, creating an attractive opportunity for an investor to potentially occupy one unit while renting the remaining three units and building long-term…
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LAND | TOPANGA
Seller May Carry 1st – Flexible Terms Available. Discover the potential of 2460 Tuna Canyon Road, a 1.3-acre ocean-view parcel in the heart of Topanga Canyon. Street Adjacent, this mostly usable lot offers a gently sloped terrain approximately 30 feet below paved Tuna Canyon Road, making it ideal for maximizing views and simplifying construction. The…
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5 UNITS + 1 NCU | PLAYA DEL REY
• Rare Playa del Rey Owner-User Opportunity • Current 5.11% CAP Rate • Expansive 2,000+ SF 2BR / 3.5BA Residence • Single-Family-Style Living with Substantial Rental Income • Private Rooftop Deck with Sweeping Views • Prime Coastal Location Minutes from the Beach • Highly Desirable Playa del Rey Residential Setting • Tastefully Updated Residences with Select Private Balconies • Secured On-Site Parking • Separately Metered Electricity • Convenient to Marina del Rey, Silicon Beach, LAX & the Westside
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Bellflower Auto Repair (Land + Business), Office and SFR
First time on the market in over 20 years. Two side-by-side Bellflower assets offered together or individually: 15111 Clark Ave – Auto Repair (Land + Business) • ±1,170 SF building on ±12,878 SF lot (0.30 AC) • BFCG zoning – Bellflower General Commercial • Asking Price: $2,500,000 • Includes established auto repair business and real…
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MOBIL GAS STATION | LOS ANGELES
Business + Real Estate: $7,950,000 Building Size: ~ 8,000 SF Lot Size: 26,485 SF Pumps: 6 MPDs Gasoline (monthly average): 45k / gallons / month ($0.50-$0.60 margin) Market (monthly average): $30k / month (excluding lotto) Mechanic Shop: multiple bays, will be delivered vacant (ideal for owner-user or new tenant)
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40 UNITS | PASADENA
A GENERATIONAL ASSET IS NOW AVAILABLE FOR THE FIRST TIME IN OVER 50 YEARS!! This rare opportunity to acquire an outstanding 40-unit multifamily property at 990 Valley View in Pasadena offers substantial scale, an outstanding unit mix, and real potential for significant, long-term rent growth. Located in Hastings Ranch, it borders the city of Sierra…
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16 UNITS | ALTADENA
We are pleased to present a rare investment opportunity in Altadena where the rebirth of the City has already begun. This 16-unit residential income property offers a clean slate for investors seeking immediate lease-up potential and long-term upside. The offering consists of two adjacent parcels, including a 14-unit apartment building and a separate duplex, providing…
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THREE TENANT RETAIL CENTER GLASSELL PARK
Three Tenant Retail Center: Chevron, EZ Stop Liquor, and The Heights Deli & Bottle Shop 2 All tenants have 3-5% annual rent increases 5% in place cap rate Chevron gas station has about 5 years remaining on the lease agreement and fuel supply agreement EZStop Liquor and The Heights Deli both feature renewal options
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8 UNITS | SILVER LAKE
• 8-Unit Apartment Community in Prime Silver Lake • Offered at a Current 6.20% Cap Rate • 7 of 8 Units Fully Renovated or Newly Constructed in 2023 • Two New-Construction Units NOT Subject to Rent Control • Modern Unit Interiors with High-End Finishes and In-Unit Laundry • Major Systems Replaced: Electrical, Plumbing, Drain Lines, Windows, Doors • Three-Building Layout with Smooth Stucco Exteriors • Two Buildings with New Roofs • 7 On-Site Parking Spaces • Exceptional Location Near Silver Lake Reservoir and Sunset Boulevard
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20 UNITS | ALHAMBRA
We are pleased to offer for sale a well-located 20-unit courtyard-style apartment community in the City of Alhambra, just north of Valley Blvd. The property features spacious units with a desirable mix of 5 – 3Bed+1.5bath, 4 – 2Bed+1.5bath, 8 – 2Bed+1bath, and 3 – 1Bed+1bath units appealing to long-term tenants and supporting strong, stable…
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