738 Chapel Ave S 15, Alhambra, California 91801, Alhambra, 91801 - bed, 1 bath
738 Chapel Ave S 15
Alhambra, California 91801
Property Price
SUMMARY
Analysis of 738 Chapel Ave S 15, Alhambra, California 91801 is currently available with a list price of $359,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Alhambra Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1971, this property falls into the age category where systems and interiors are likely aged. The listing lacks interior photos and restricts showings to 'drive-by only,' suggesting the unit has not undergone recent high-end renovations and likely maintains functional but outdated features consistent with a fair rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
- Competitive Entry Price
Listed at $359,000, this property represents a highly affordable entry point into the Alhambra real estate market, making it ideal for first-time buyers or budget-conscious investors.
- Exceptionally Low HOA Fees
The monthly association fee of $135 is significantly lower than the regional average for condominiums, greatly enhancing the property's monthly cash flow and overall affordability.
CONSRISKS & DEFICIENCIES
- Restricted Showing Access
The 'drive-by only' showing restriction and requirement for an accepted offer prior to interior inspection creates a significant barrier for traditional buyers and complicates the initial due diligence process.
- Limited Square Footage
With only 588 square feet of living space, the unit is quite compact, which may limit its appeal to individuals or couples requiring more storage or room for home offices.
- Aging Infrastructure
Built in 1971, the building may lack modern energy-efficient features and could require more frequent maintenance or updates compared to newer residential developments.
About 738 Chapel Ave S 15
Great opportunity to own a 1-bedroom, 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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- -
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $135.0 / Month
Neighborhood Insights
Alhambra Unified Schools
Dewey Avenue Elementary School
Grades K-6 • 1.7 mi
Emerson (Ralph Waldo) Elementary School
Grades K-6 • 1.7 mi
Marengo Elementary School
Grades K-5 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 3% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 588 | 1,325 | 3% |
| Lot Size | - | 28,935 | 10% |
| Price | $359.0K | $750.0K | 3% |
| Price per sq ft | $611 | $563 | 61% |
| Built year | 1971 | 1992 | 10% |
| HOA | $135.0 | $300 | 6% |
| Days on market | 22 | 161 | 3% |
Pricing History
Listed for Sale
Feb 12, 2026
$359,000
Initial Listing