Alhambra, CA 91803,313 W Ramona RD
$820,000
Est. payment /mo
Est.Price: ?

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8,363 Sqft Lot
SOLD DATE : 08/22/2014

Key Details

Sold Price $820,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS14138285

Tax Year 2013

Lot Size 8,363 Sqft

Property Description

Absolutely Diamond in the Rough! This is a great opportunity for investors or handy buyers to own this 3 units property. It contains total two buildings. The main house is a classic cottage-style craftsman bungalow with 2 levels. Huge living room and dining room on 1st floor, and each room is very specious too. Owner occupies the 1st floor, estimate monthly rent at lease could be $1600 for the first floor ; 2nd floor with it's own entrance, the tenant pays $900 per month now. This building is an old charming but needs some cosmetic repairs and updating throughout; the 2nd building is 2 units which was been built in 1978 with alley access, each unit has 2 car garage with fair condition inside, one unit rents for $1350 and the other one rents for $1450 now. extra space for laundry & permitted recreation room along with 2nd building. Total living is 5277sqft on assessor data.
It has tons of potential in the nice Alhambra neighborhood. Convenient location easy access to freeways and down town LA, walking distance to markets, restaurants, and bus stations. Alhambra school district. Substantial upside rental income potential. The possibilities of this property are endless for the right buyer. A truly great deal. Offer subject to inspection, motivated seller.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Fireplaces Type Living Room

Laundry Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Valley

Utilities Available Sewer Connected

Building

Lot Description 0-1 Unit/Acre

Sewer Sewer Applied for Permit

Water Public

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by RHEA BAI • RE/MAX PREMIER/ARCADIA
Bought with Crystal Zheng • Coldwell Banker George

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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