501 N Chapel Ave Alhambra, CA 91801

$2,380,000 Sold Price as of 01/11/2019

15 Beds
13 Baths
8,336 Sq.Ft.

Off Market

$2,380,000 Sold Price as of 01/11/2019 Refinance Your Mortgage

Property Overview: 501 N Chapel Ave Alhambra, CA has 15 bedrooms, 13 bathrooms, 8,336 living square feet and 8,106 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

501 N Chapel Ave is currently an off market home in the city of Alhambra. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Alhambra has a median list price of $888,888. The median price per/sqft for Alhambra is $569. With those numbers in mind, if you are looking to purchase a median priced home in Alhambra, CA and put 20% down you will need to save up $177,778 for the down payment and will need roughly $17,778 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Alhambra the commission could be as much as $44,400. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 501 N Chapel Ave

Last sold for $2,380,000 on January 11th, 2019

January, 2019
Jan 12, 2019

Date

Sold

CRMLS: 18415032

$2,380,000

Price
Jan 3, 2019

Date

Pending

CRMLS: 18415032

$2,500,000

Price
Dec 11, 2018

Date

Active

CRMLS: 18415032

$2,500,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 501 N. Chapel Ave - A prime 8 unit property in a perfect part of Alhambra! Boasting high walk and transit scores, and a location that is unrivaled for Alhambra, this property is sure to attract an array of tenants wanting to settle in a clean and friendly neighborhood. North of Main St and under $300 per square foot, you do not want to miss out on this investment opportunity!This property also possesses a fantastic unit mix of 1, 2 & 3 bedroom units, with ample living space, in an aesthetically pleasing building. From working professionals and students to families just starting off, the property provides an attractive living opportunity for the area's demographics. Do not miss this opportunity to own a prime investment, situated in one of the best areas of Alhambra!

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January, 2019
Jan 11, 2019

Date

Sold (Public Records)

Public Records

$2,380,000

Price
October, 2002
Oct 30, 2002

Date

Sold (Public Records)

Public Records

$988,000

Price

Tax History for 501 N Chapel Ave

Assessed Value (2020): $2,427,600

Year	Land Value	Improved Value	Assessed Value
2020	$1,698,300	$729,300	$2,427,600

About 501 N Chapel Ave

Detailed summary of property

501 N Chapel Ave is categorized with a use code of Apartment House (5+ Units) in Alhambra, CA 91801 and last sold on January 11, 2019 for $2,380,000. This property has 15 bedrooms, 13 bathrooms, roughly 8,336 living square feet, and sits on an approximately 8,106 square foot lot. Homes in Alhambra are selling for a median price of $888,000 and a median price per square foot of $630. Based on Ardent Real Estate Group's Alhambra Market Data, this home is sold 168.02% higher than the current median priced home. 501 N Chapel Ave was last sold on January 11, 2019 for $2,380,000. The average home in Alhambra, CA is selling in 53 days. There are currently 65 homes for sale in the Alhambra real estate market and 33 of them are single family homes while 21 of them are condos and 11 are townhomes. If you are the homeowner and looking to sell the home at 501 N Chapel Ave Alhambra, CA 91801 contact Ardent Real Estate Group and we will put you in touch with one of our Alhambra agents.

Public Facts for 501 N Chapel Ave

Public county record property details

Beds: 15
Baths: 13
Year built: 1960
Sq. Ft.: 8,336
Lot Size: 8,106
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 16
APN: 5337-003-015

The source for these homes facts are from public records.

91801 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$888,888

Median List Price/Sq.Ft.

$583

Median Sold Price

$888,000

Median Sold Price/Sq.Ft.

$633

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (38.46%), FHA (0%), VA (0%), Cash (30.77%), Other (23.08%)

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(714) 706-1823

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