Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    111 Chapel Ave Alhambra, CA 91801-3952
    Back to Search
    Property profile & analytics

    111 Chapel Ave Alhambra, CA 91801-3952

    View on Map
    • Apartment buildings
    • 5,512 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Jun 7, 2021
    Property ID
    US09-6435340
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $995,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wysong Village Apartments / Community Center

    Property Details for 111 Chapel Ave

    Year built
    1958
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    5,512 SF
    Zone code
    ALCBD/DRD*
    Property type
    Apartment buildings
    APN
    5345-004-009
    APU
    5345004009

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,480,000
      6.5%
      $1,365,000
      7%
      $1,265,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Los Angeles
    State
    California
    Longitude
    -118.123
    Latitude
    34.095
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,838
    $636,600
    $502,555
    $1,139,155
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $880,000
      5,446 SF

      107 Park St

      APARTMENT HOUSE (5+ UNITS) • 5,446 SF
      107 Park St, Alhambra, CA 91801-4445
      View Details
    • Value Estimation
      $3,215,000
      15,815 SF

      711 Sierra Vis Ave

      APARTMENT HOUSE (5+ UNITS) • 15,815 SF
      711 Sierra Vis Ave, Alhambra, CA 91801-4544
      View Details
    • Value Estimation
      $1,025,000
      6,058 SF

      1841 Sierra Vis Ave

      APARTMENT HOUSE (5+ UNITS) • 6,058 SF
      1841 Sierra Vis Ave, Alhambra, CA 91801-5500
      View Details
    • Value Estimation
      $1,200,000
      7,101 SF

      918 Stoneman Ave

      APARTMENT HOUSE (5+ UNITS) • 7,101 SF
      918 Stoneman Ave, Alhambra, CA 91801-1428
      View Details
    • Value Estimation
      $1,110,000
      5,087 SF

      621 Stoneman Ave

      APARTMENT HOUSE (5+ UNITS) • 5,087 SF
      621 Stoneman Ave, Alhambra, CA 91801-1407
      View Details
    • Value Estimation
      $920,000
      4,234 SF

      236 Curtis Ave

      APARTMENT HOUSE (5+ UNITS) • 4,234 SF
      236 Curtis Ave, Alhambra, CA 91801-3254
      View Details

    Similar Nearby for Sale

    • $2,160,000
      5,394 SF

      Alhambra Multifamily Investment Opportunity

      Six-unit multifamily property in Alhambra with high rental demand.
      716 S Chapel Ave, Alhambra, CA 91801
      View Details
    • $2,500,000
      5,100 SF

      Seven-Unit Craftsman in Alhambra

      Seven-unit Craftsman property in Alhambra with redevelopment potential.
      201 N Atlantic Blvd, Alhambra, CA 91801
      View Details
    • $7,250,000

      36-Unit Multifamily Asset in Alhambra

      Downtown Alhambra property with immediate NOI expansion potential.
      30 N 1St St, Alhambra, CA 91801
      View Details
    • $2,900,000

      Seven-Unit Alhambra Cottage Community

      Seven Craftsman-style units in Alhambra with income and redevelopment potential.
      201 N Atlantic Blvd, Alhambra, CA 91801
      View Details
    • $6,825,000
      13,875 SF

      36-Unit Alhambra Multifamily Asset

      Downtown Alhambra property with immediate NOI expansion potential.
      30 N 1St St, Alhambra, CA 91801
      View Details
    • $2,160,000

      Alhambra Multifamily Investment Opportunity

      Six-unit property in prime Alhambra location with high rental demand.
      716 S Chapel Ave, Alhambra, CA 91801
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Space Available

      Ground floor retail and second-floor office space for rent.
      31 E Main St, Alhambra, CA 91801
      View Details
    • $1.00 SF/Yr
      12,500 SF

      Alhambra Industrial Space Sublease

      Industrial space available for sublease in Alhambra, California.
      500-506 S Palm Ave, Alhambra, CA 91801
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      Highly visible retail or office space in a bustling area.
      529 W Main St, Alhambra, CA 91801
      View Details
    • $5,106 /Mo

      Alhambra Office with Rooftop Access

      Spacious 2,321 SF office with rooftop courtyard access.
      430 S Garfield Ave, Alhambra, CA 91801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 Chapel Ave
    Alhambra, CA 91801-3952
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    111 Chapel Ave, Alhambra, CA, 91801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!