ActiveCondominium

736 S Chapel Avenue 1

Alhambra, CA, 91801

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$468,000

Original list price: $518,000

MLS: AR26052617

Beds

2

Baths

1

Sq Ft

918

Lot

0.62 ac

Year Built

1971

MLS #

AR26052617

Days on Market

66

Listed

Mar 22, 2026

Description

First time on the market since the 1970s! Welcome to this charming and well-located condo in the heart of Alhambra. This 2-bedroom, 1-bath residence offers 918 square feet of comfortable living space and is part of a classic 1971-built complex. The unit features a single car-port parking spot and storage, along with a community Laundry Room. This inviting unit provides a functional layout with bright living areas, well-sized bedrooms, and great potential for a buyer looking to be in a home in a highly desirable neighborhood. As a ground-level unit, it offers convenient access and a practical floor plan ideal for both everyday living and entertaining. Located in the vibrant San Gabriel Valley, the home places you just minutes from the excellent dining, shopping, and entertainment options that Alhambra is known for. Enjoy easy access to Main Street’s popular restaurants, cafes, and local shops, as well as nearby markets, parks, and everyday conveniences. The property is also ideally positioned for commuters with quick access to major freeways and close proximity to Pasadena, San Gabriel, and Downtown Los Angeles. Whether you're a first-time buyer, investor, or someone looking to create your dream space in a prime location, this rare offering is a fantastic opportunity to own in one of the most convenient and sought-after areas of the San Gabriel Valley.

Location

Alhambra, Los Angeles County, CA 91801

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Listed by: German Ghibaudo · Century 21 Ludecke Inc.

Payment estimate

$3,841

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $46,800 · Loan: $421,200

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$2,668
Property tax (1.25%)
$488
Homeowners insurance
$300
Mortgage insurance
$176
HOA dues
$210
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Alhambra home with as little as 3.5% down using an FHA loan — roughly $16,380 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Alhambra, CA 91801 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.