$2,580,000
+$100,0002205 W Ramona Road, Alhambra CA 91803
Multi-Family (8 Units)
Property type
31 days
On market
$363
Price per sqft
8 cars
Garage
1946
Year built
14,407 sqft
Lot size
Home highlights
Open Houses
Overview
*** Excellent Location. *** Large Lot. Nearby California State University Los Angeles and Downtown LA. Decent Great Single family Residence surrounding areas. Easy to access Freeway 10. Two four-plex buildings, total 8 x 2 bed/1 bath units plus 4 Double Car Garages and Plenty parking space. Individual water heater in the unit. There are Laundry Hook up for Each Unit. Fully...
Listing provided by: Yeou-Shu Wang DRE #01055458, IRN Realty
Listing updated: May 18, 2026 at 05:07am.
Last checked: Jun 13, 2026 at 09:00pm
Source: CRMLS #AR26106115
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $1,700 | $1,700 | $2,250 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,750 | $3,450 | $2,250 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,750 | $5,200 | $2,250 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,700 | $6,900 | $2,250 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,850 | $8,750 | $2,250 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,850 | $10,600 | $2,250 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,620 | $12,220 | $2,250 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,950 | $14,170 | $2,250 | Unfurnished |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 2
Rent Control: No
Units Leased: 8
Total Actual Rent: $10,950
Financial Snapshot
Gross Rent Multiplier
15.2x
List Price / Annual Gross Rent
Cap Rate
4.13%
NOI / List Price
Gross Scheduled Income: $170,040
Operating Expense: $63,444
Net Operating Income: $106,596
Annual Operating Expenses
Electric: $50
Furniture Replacement: $2,500
Gardener: $3,000
Fuel: $0
Insurance: $8,301
Licenses: $225
Maintenance: $8,853
New Taxes: $31,000
Pest Control: $371
Professional Management: $0
Supplies: $387
Trash: $3,180
Water / Sewer: $4,777
Other Expense: $800
Interior
Interior Features: Brick Walls, Balcony, Unfurnished
Cooling: Wall Window Units
Heating: Wall Furnace
Fireplace: None
Laundry: In Kitchen
Entry Location: 1
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Composition
Construction Materials: Frame, Stucco
Property Condition: Turnkey
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre, Corner Lot, Street Level
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Assigned, Driveway, Community Structure
Garage Spaces: 8
Uncovered Spaces: 8
Parking Total: 16
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5352033023
Additional Parcels: No
Tax Lot: 288
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs