NOT LISTED FOR SALE

1125 W Ramona Rd Alhambra, CA 91803

Shorb Track Neighborhood

Estimated Value: $957,000 - $1,188,228

4 Beds
2 Baths
1,861 Sq Ft
$585/Sq Ft Est. Value

Last Sold June 04, 2022

Last sale price $940,500 $505 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,939/month

19 Days on Market

Highlights

  • Furnished
  • Lawn
  • Cul-De-Sac
  • Alhambra High School Rated A
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2022

Situated in the soaring city of Alhambra, close to the prime location on Valley Blvd and easy access to freeway #10, this 2-units home has the great rental upside potential and proud long-term ownership. Super high demand rental area, it's currently fully occupied with low maintenance. Both of the units are two-bedroom and one-bathroom. 1125 W Ramona is being rented for $1840/month 1127 W Ramona is being rented for $1950/month. Three-car detached garages. plenty of parking in the front. Cute yard and well proportioned. Great floor plan for each unit and endless potential for the buyer. Long term tenants are on month-on-month leases pay rent on time & current. Minutes away from supermarkets, restaurants, parks, shopping areas and bus stations. Easy access to DTLA & Monterey Park commercial/popular areas. Come and catch the lower interest rates before it goes up. Motivated seller. Offer subject to inspection.

Last Agent to Sell the Property

Rhea Bai

RE/MAX PREMIER/ARCADIA License #01360246 Listed on: 04/14/2022

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Andrew Choy

Coldwell Banker License #01936626

Coldwell Banker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,226

Year Built

  • Built in 1955

Lot Details

  • 6,907 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Level Lot
  • Flag Lot
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Carport
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Bungalow
  • Raised Foundation

Interior Spaces

  • 1,861 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 206
  • Tax Tract Number 6129
  • Assessor Parcel Number 5356020014
  • $722 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Valley

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $50
  • Water Sewer Expense $150
  • Operating Expense $200
  • Gross Income $45,480
  • Net Operating Income $43,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,226

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 469000
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 150.00
  • Zoning: ALRPD*
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5356020014
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 505.37
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Cul-De-Sac, Front Yard, Lawn, Level with Street, Flag Lot, Level
  • Lot Size Sq Ft: 6907.00
  • Lot Size Acres: 0.1586

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 45480.00
  • Gross Scheduled Income: 45480.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6907.0000 Square Feet
  • Net Operating Income: 43080.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 200.00

Tax Info

  • Tax Census Tract: 4809.03
  • Tax Lot: 206
  • Tax Tract Number: 6129
  • TaxOtherAnnualAssessmentAmount: 722.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jul 18, 2022
Sold by
Richard Lam
Bought by
Ramona Road Llc
Seller's Agent
Rhea Bai
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Andrew Choy
Coldwell Banker
List Price
$938,000
Sold Price
$940,500
Premium/Discount to List
$2,500
0.27%
Current Estimated Value
$1,088,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,057
Avg. Annual Appreciation
2.74%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramona Road Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quintero David $100,000
Previous Owner Quintero David $150,000
Previous Owner Quintero David $214,000
Previous Owner Quintero David $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2022 06/04/22 Sold $940,500 +0.3% $505 / Sq Ft
04/14/2022 04/14/22 For Sale $938,000 -- $504 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,226 $998,063 $798,451 $199,612
2024 $12,226 $978,495 $782,796 $195,699
2023 $12,076 $959,310 $767,448 $191,862
2022 $4,172 $302,991 $270,542 $32,449
2021 $4,124 $297,051 $265,238 $31,813
2019 $3,992 $288,242 $257,372 $30,870
2018 $3,948 $282,591 $252,326 $30,265
2016 $3,641 $271,620 $242,529 $29,091
2015 $3,590 $267,541 $238,886 $28,655
2014 $3,559 $262,301 $234,207 $28,094
Source: Public Records

Agents Affiliated with this Home

  • Rhea Bai

    Seller's Agent in 2022

    Rhea Bai

    RE/MAX

    (626) 589-7958

    1 in this area

    130 Total Sales

    Rhea Bai
    Section Image
  • Andrew Choy

    Buyer's Agent in 2022

    Andrew Choy

    Coldwell Banker

    (818) 993-8900

    1 in this area

    23 Total Sales

    Andrew Choy
    Section Image
  • Simon Wong

    Buyer Co-Listing Agent in 2022

    Simon Wong

    Coldwell Banker

    (818) 993-8900

    1 in this area

    22 Total Sales

    Simon Wong
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22071667

California Regional Multiple Listing Service (CRMLS)

APN: 5356-020-014

California Los Angeles County Alhambra 91803 Shorb Track

1125 W Ramona Rd, Alhambra, CA

This home is located at 1125 W Ramona Rd, Alhambra, CA 91803 since 14 April 2022 and is currently estimated at $1,088,557, approximately $584 per square foot. This property was built in 1955. 1125 W Ramona Rd is a home located in Los Angeles County with nearby schools including Marguerita Elementary School, Alhambra High School, and Ramona Convent Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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