NOT LISTED FOR SALE

408 E Ramona Rd Alhambra, CA 91801

Estimated Value: $995,165 - $1,254,000

4 Beds
3 Baths
1,706 Sq Ft
$662/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $735,000 $431 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,746/month

16 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Home Security System
  • Ramona Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of August 2019

This 3 unit property consists of two separate buildings. The front home (410 E. Ramona Rd.) is a well-maintained, 872 square foot, one-story house that has 2 bedrooms, 1 bathroom, central air, newer electrical, a fireplace, hardwood floors, and granite counter tops. The back building (408 E. Ramona Rd.) is a two-story structure that features two residences. The bottom floor (Unit A - 300 square feet) features a studio apartment that has a kitchen area and a three quarter bathroom. The top floor unit (Unit B - 528 square feet) has 1 bedroom, a living room, a kitchen, 1 full-bath, and has newer floors. Between the two homes is a very nice patio area, which is great for entertaining. The 2-car garage is attached to the back building. Within walking distance to Mark Keppel High School, a California Distinguished School. Newer windows throughout both buildings. This property is a great investment opportunity!

Last Agent to Sell the Property

Frank Quintanilla

RE/MAX CHAMPIONS License #01893477 Listed on: 06/17/2019

RE/MAX CHAMPIONS

Last Buyer's Agent

Teresa Dang

My Dang Agent License #01510671

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,539 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Sprinkler System
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 7022
  • Assessor Parcel Number 5255022029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: No
  • Zoning: ALRPD*
  • Property Type: Residential Income
  • Parcel Number: 5255022029
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 430.83
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 5539.00
  • Lot Size Acres: 0.1272

Multi Family

  • Gross Income: 1400.00
  • Gross Scheduled Income: 35400.00
  • Lot Size Area: 5539.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2950.00

Tax Info

  • Tax Census Tract: 4816.05
  • Tax Lot: 80
  • Tax Tract Number: 7022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 22, 2019
Sold by
Williams Verna L
Bought by
Tsujii Ryan Brent and Abe Sandra Yuriko
Seller's Agent
Frank Quintanilla
RE/MAX CHAMPIONS
Buyer's Agent
Teresa Dang
My Dang Agent
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%
Current Estimated Value
$1,129,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,041
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Williams Verna L and De Jonge Verna L
Bought by
Williams Verna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
5.99%

Purchase Details

Closed on
Oct 16, 2003
Sold by
Perea Johnnie R and Perea Margarita V
Bought by
Dejonge Verna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Tsujii Ryan Brent $735,000 First American Title Company
Williams Verna L -- United Title Company
Williams Verna L -- United Title Company
Dejonge Verna L $380,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Verna L $452,000
Previous Owner Dejonge Verna L $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $735,000 -2.0% $431 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $750,000 -- $440 / 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 $9,968 $803,824 $546,820 $257,004
2024 $9,968 $788,064 $536,099 $251,965
2023 $9,865 $772,613 $525,588 $247,025
2022 $9,396 $757,465 $515,283 $242,182
2021 $9,300 $742,614 $505,180 $237,434
2020 $9,251 $735,360 $500,000 $235,360
2019 $2,364 $484,680 $203,924 $280,756
2018 $6,087 $475,185 $199,926 $275,259
2016 $5,601 $456,388 $192,163 $264,225
2015 $5,517 $449,534 $189,277 $260,257
2014 $5,452 $440,729 $185,570 $255,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19142986

California Regional Multiple Listing Service (CRMLS)

APN: 5255-022-029