NOT LISTED FOR SALE

408 E Ramona Rd Alhambra, CA 91801

Monterey Park Area

Estimated Value: $1,001,652 - $1,097,000

4 Beds
3 Baths
1,706 Sq Ft
$616/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2019

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

Est. 43% increase in value since last sale

Current estimated payment $6,585 / mo

16 Days on Market

Highlights

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

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/WC License #01893477 Listed on: 06/17/2019

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
  • Laundry in Garage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

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

5,539 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 22, 2019
Sold by
Bought by
Seller's Agent
Frank Quintanilla
Re/Max Champions/WC
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
$1,051,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,413
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Bought by

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
0.0599%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2003
Sold by
Bought by

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
0.0598%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$735,000 First American Title Company
-- United Title Company
-- United Title Company
$380,000 Southland Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $452,000
Previous Owner $380,000
Previous Owner $12,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,271 $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

  • Frank Quintanilla

    Seller's Agent in 2019

    Frank Quintanilla

    RE/MAX

    (626) 975-5656

    51 Total Sales

    Frank Quintanilla
    Section Image
  • Teresa Dang

    Buyer's Agent in 2019

    Teresa Dang

    My Dang Agent

    (626) 627-6393

    13 Total Sales

    Teresa Dang
    Section Image
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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

California Los Angeles County Alhambra 91801

408 E Ramona Rd, Alhambra, CA

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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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