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738 Chapel Ave S 15 — Alhambra — 1 Bath • 588 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+4 more

$319,000

62 DOM

$543/sqft— bd1 ba588 sqftHOA ~135/mo

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738 Chapel Ave S 15 Alhambra, CA 91801

Great opportunity to own a 3rd story, Bachelor style, 1-bath condo offering 588 sq ft of comfortable living space in the heart of Alhambra. Perfect for investors or first-time buyers, this charming unit is situated in a convenient location close to dining, shopping, and commuter routes. Tenant-occupied—showings are drive-by only and all offers are subject to interior inspection.

MLS SB26032748

310-409-2885 (Office) 310-738-1125 (Cell) thomas.royds@redfin.com

Est. payment

$2,173/mo

Principal & interestTaxesInsuranceHOA

$1,613$332$93$135

Down %

Rate %

Years

Down payment: $63,800 · Total cost: $644,494

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,173/mo

Principal & interest: $1,613
Est. property tax: $332
Est. insurance: $93
HOA (normalized / mo): $135
Down payment: $63,800

Est. gross rent$1,329/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-844/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 12, 2026	$359,000	—

Facts & Features

Transaction Data

▼Price Reduced from $359,000 (−$40,000)

HOA Fee$135/monthly

Structure & Property

Year Built1971

310-409-2885 (Office) 310-738-1125 (Cell) thomas.royds@redfin.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

738 Chapel Ave S 15, Alhambra, CA 91801

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738 Chapel Ave S 15 Alhambra, CA 91801

About this home

Tom Royds

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Tom Royds

Sale & Tax History

No Recent Sales History

Location

738 Chapel Ave S 15, Alhambra, CA 91801

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

738 Chapel Ave S 15 Alhambra, CA 91801

About this home

Tom Royds

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Tom Royds

Sale & Tax History

No Recent Sales History

Location