3111 Ramona Rd Alhambra CA

Description:

3111 W Ramona Road is a 13-unit apartment building located in the desirable Midwick Park & Alhambra Hills Historic Neighborhood of Alhambra, California.  Built in 1954, the property consists of approximately 11,778 square feet of

improvements situated on an 11,253 square foot (.26 acre) lot. The building is zoned ALRPD and offers a well-balanced unit mix designed to support long-term tenancy and stable occupancy.


Between Warwick Rd and Winthrop Ave on W Ramona Rd near Midwick Park and Alhambra Hills.




Rare 13-unit scale in a supply-constrained Alhambra multifamily submarket


Desirable mix of large 1-bedroom and 2-bedroom units


11 covered carport spaces, a valuable tenant amenity in the area


24 storage lockers, newer roof, new electrical panels


double-pane windows, partial copper plumbing, and individual water heaters


Strong renter demand near Alhambra, Monterey Park, San Gabriel, and Cal State LA