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Alhambra Multifamily Investment Opportunity
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2205 W Ramona Road, Alhambra, CA 91803

Multifamily property near Cal State LA with value-add potential.

Property SizeContact for details
Days on Market89

Property Features for 2205 W Ramona Road

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: IRN Realty
Listed By: Yeou-Shu Wang · License #01055458
Source: Crexi
Added: May 16 Changed: Jul 10 Last Checked: Aug 12 at 12:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IRN Realty

Investment Insights

Based on property information with market context.

This multifamily property features two four-plex buildings, totaling eight units. Each unit contains two bedrooms and one bathroom. The property includes four double-car garages and ample parking space. Each unit is equipped with an individual water heater and laundry hookups. The property is fully occupied, presenting an investment opportunity with potential for future value enhancement. It is located near California State University Los Angeles and Downtown LA, with convenient access to Freeway 10. The property is surrounded by single-family residences.

Key Highlights

  • Excellent location: close to California State University Los Angeles and Downtown LA, with easy access to Freeway 10.
  • High income potential: two four‑plex buildings with a total of 8 units, all fully occupied.
  • Tremendous value‑add opportunity for future ownership.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Barber Shop Parking Lot & Garage Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,280
Businesses Nearby

Demographics for 91803, CA

29,374
Population
10,439
Households
2.8
Avg Household Size
42
Median Age
37%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
8,901
Density / Sq Mi
$84,537
Median Household Income
$47,579
Median Earnings
$1,790
Median Rent
$831,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property near Cal State LA with value-add potential.
Where is this apartment building located?
The property is located at 2205 W Ramona Road Alhambra, CA.
What is the asking price?
The asking price for this property is $2,580,000.
What are key features of this property?
This property features: Excellent location: close to California State University Los Angeles and Downtown LA, with easy access to Freeway 10.; High income potential: two four‑plex buildings with a total of 8 units, all fully occupied.; Tremendous value‑add opportunity for future ownership.
(626) 327-4881 Call to check price and availability
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