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3104-3208 W Ramona Rd
Alhambra, CA 91803

Ramona Garden Apartments · Multifamily Property For Sale · 79 Units

INVESTMENT HIGHLIGHTS

  • Assumable interest only rate at 3.75%, Maturity date is February 2027
  • Value-add opportunity with rental upside, current rents are below market
  • Within 3 minutes drive or 1.4 miles to CAl State LA
  • More than 50% of the units have been upgraded.
  • No City rent control

PROPERTY FACTS

No. Units 79
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Low Rise
Building Class C
Lot Size 2.36 AC
Building Size 69,417 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Parking Ratio 0.88/1,000 SF

UNIT AMENITIES

  • Heating
  • Kitchen
  • Range

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 11 - 450
1+1 26 - 600
2+1 39 - 750
3+1 3 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5254-013-047
Land Assessment
$3,863,301
Improvements Assessment
$6,036,412
Total Assessment
$9,899,713

ZONING

Zoning Code RPD (Commercial)
RPD (Commercial)
  • Listing ID: 31644573

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 3104-3208 W Ramona Rd, Alhambra, CA 91803

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