Est. cap rate

3.2%

Assumed rent, all units

$7,950/mo

Units

3

Price per unit

$493,333

Est. annual NOI

$47,700

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

7

Bathrooms

6

Building size

3,705 sqft

Lot size

8,591 sqft

Year built

1910

Stories

2

Garage spaces

2

Heating

Central

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

92

MLS #

244970977

About this property

Rare 3-Unit Opportunity in Alhambra-Exceptional opportunity to own a charming Craftsman estate featuring three separate living units each with its own addresses, in-unit laundry and separate permitted water, electric and gas for effortless independent living. Situated on an expansive 8,591 sq. ft. double corner lot, this versatile property offers approximately 3,705 sq. ft. of living space comprised of a 2,005 sq. ft. main residence with 2 bedroom and 2 bath, formal living room, formal dining room, backyard access (generous square footage that lends itself to your customization), a 1,200 sq. ft. attached ADU with 3 bed and 2.5 bath and a newly constructed 500 sq. ft. JADU with 2 bed, 1 bath and its own attached two-car garage of approximately 475 sq. ft., offering direct access and abundant storage ease of access and privacy. All three units feature new permitted electrical with dedicated panels and subpanels, and separate permitted metered water and gas service, updated plumbing, dual-pane windows, kitchen, bathrooms, and flooring. All permitted by the City. Fully gated with new vinyl fencing and rolling gate allow access from the alley. The grounds are open onto a private backyard made for gathering, entertaining, or simply unwinding. Remarkably easy to manage, lease, or share among family, it is perfect for multi-generational living, owner-occupants seeking rental income or investors looking for multiple income stream. Corner lot features a rare pass-through breezeway driveway (grandfathered in and not allowed anymore) and access from three streets including alley, this property delivers space, convenience, privacy, and flexibility that’s hard to find anywhere else in Alhambra. Zoned within the highly regarded acclaimed Alhambra Unified School District, this home is assigned to Ramona School (K-8) and Alhambra High School both with exceptionally high ratings. Conveniently located near Main Street, Valley Boulevard's popular restaurants and cafés, Costco, Target, Almansor Park, Alhambra Golf Course, Old Town Pasadena, Downtown Los Angeles. With quick access to the 10, 710, and 60 freeways, commuting couldn’t be easier. Priced to sell! This property was originally intended as a long-term investment and is now being offered for sale, creating a rare opportunity to own a turnkey, fully permitted, income-flexible estate offering exceptional income potential in one of Alhambra's most desirable neighborhoods. Schedule your private showing today

Location

325 W Ramona

Alhambra, Los Angeles, CA, 91803