New Alhambra Mixed-Use
15 S Chapel Avenue #C, Alhambra, CA 91801
For Sale
$1,400,000
New mixed-use development featuring residential townhomes and premium retail units.
Property Size1,981 SF
Price / SF$706.71
Days on Market576
Property Features for 15 S Chapel Avenue #C
General Information
Standard status
Size
Property subtype
Amenities
Central
Central Air
Built-In Range
Dishwasher
See Remarks
Building Details
Building Size
Year Built
Stories
Listing Agency:
High Ten Partners
Listed By:
Miles Chou
(626) 838-8297
Source:
Kw
Added: Apr 15, 2025
Changed: Nov 10
Last Checked: Nov 10 at 11:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of High Ten Partners
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Investment Insights
Based on property information with market context.
Orchard Court is a mixed-use development completed in 2024, situated in Alhambra. The property features 10 residential townhomes and two retail units. The residences include gourmet kitchens with quartz countertops and contemporary cabinetry. The units also feature 10-foot high ceilings and natural light. Select units offer an attached garage and a rooftop garden or deck with mountain views. The property is located near Sprouts, the Edwards Alhambra Renaissance Theater, Alhambra Park, Arcadia’s golf courses, the Los Angeles Arboretum, and Old Town Pasadena, as well as various markets and shops. The property offers views of the San Gabriel Mountains. The property size is 1981 square feet.
Key Highlights
- New construction (2024) in the heart of Alhambra.
- Gourmet kitchen with QUARTZ countertops and contemporary cabinetry.
- ROOFTOP garden/deck with MOUNTAIN views.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,829
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,580
$876.6K
Cap Rate 7%
$626,129
$626.1K
Cap Rate 9%
$486,989
$487.0K
Market Conditions
NOI Build-Up for 1,981 SF
Gross rent
$67.0K $33.84/SF
− Vacancy
−$4.4K −$2.23/SF
EGI
$62.6K $31.61/SF
− OpEx
−$18.8K −$9.48/SF
NOI
$43.8K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,580
Cap Rate 7%
$626,129
Cap Rate 9%
$486,989
Alternative Uses
Best Use
Retail
$626.1K
$547.9K – $730.5K
NOI $43,829 @ 7.0% cap · market cap 3.13%
Second Best
Mixed Use
$573.1K
$501.4K – $668.6K
NOI $40,115 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.06M
$928.0K – $1.24M
NOI $74,243 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,963
Businesses Nearby
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Business Placement
Demographics for 91801, CA
53,669
Population
21,702
Households
2.5
Avg Household Size
41
Median Age
41%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
12,481
Density / Sq Mi
$85,549
Median Household Income
$47,855
Median Earnings
$1,879
Median Rent
$797,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - New mixed-use development featuring residential townhomes and premium retail units.
Where is this mixed-use property located?
The property is located at 15 S Chapel Avenue #C Alhambra, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: New construction (2024) in the heart of Alhambra.; Gourmet kitchen with QUARTZ countertops and contemporary cabinetry.; ROOFTOP garden/deck with MOUNTAIN views.
