333 N Chapel Avenue
Property Overview
Exceptional investment opportunity to own a fully updated five-unit income property with multiple value-add features and excellent cash-flow potential. In addition to the five residential units, the property includes a community laundry room providing additional income and a bonus studio with its own bathroom, currently used as storage but offering flexibility for a variety of uses. The unit mix consists of two spacious 3-bedroom, 2-bathroom units, each featuring a primary suite with its own private bathroom and walk-in closet, along with generously sized secondary bedrooms. A third unit offers 2 bedrooms plus a den that can easily serve as a third bedroom, along with one full bathroom. The remaining two units each feature 1 bedroom and 1 bathroom. All units have been tastefully updated and offer private laundry hookups, vinyl flooring, abundant natural light, granite countertops, remodeled kitchens and bathrooms, and individual wall heating and cooling units. The property also features a gated entrance and a total of nine parking spaces, providing convenience and privacy for residents. Centrally located near public transportation, parks, shopping centers, schools, and major freeways, this prime location offers easy access to Pasadena, San Marino, and Downtown Los Angeles. Whether you are a seasoned investor or looking to expand your portfolio, this turnkey property presents an outstanding opportunity to own a well-maintained asset in a highly desirable and convenient location with strong income potential.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1970
- Lot size
- 7,943 sq ft
- Parking
- 9 spaces
- Garage
- 9 spaces
- Stories
- 2
- Days on market
- 23
- MLS status
- Active
Features & Amenities
Pool
- None
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Utilities
- Cooling
- WallWindowUnits
- Water
- Private
- Sewer
- PrivateSewer
Location & Neighborhood
Frequently Asked Questions About 333 N Chapel Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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