329 N Chapel Avenue | MLS #V1-37115 | RE/MAX California & Hawaii
 
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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!

Source: CRMLS, MLS#: V1-37115

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  • Property Type
    Residential Income
  • Lot
    0.18 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 329 N Chapel Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/20/2026Source: CRMLS Added to Database
June 20, 2026
Listing provided courtesy of Truth RealtySherry Simpson- MLS# V1-37115MLS ProviderContact Information: [email protected] - (805) 760-5595