Growth Investment Group is proud to present Ramona Apartments, an 18 unit Mufti-family building in the city of Rosemead. This property boasts 1980's construction with all units being 2-story, individually metered for gas & electricity, and includes central HVAC systems. The property consists of Three 6 unit buildings with 3 water meters, and 2 carport parking spaces per unit, plus extra parking. The common areas have nice landscaping and patios, providing all tenants a sense of comfort and privacy similar to that of a small single-family residence community. This is the first time this property has been available for sale in 20 years but has been maintained by the current owner. This property will be a great pride of ownership asset with significant rental upside, or possible potential to create a condominium complex for individual ownership. The next owner will have the opportunity to renovate and add value through taking the property to market rent in this non rent-controlled asset. This building has very little turn over with many long-term tenants in place, making it a very secure and stable investment.
Full Property Details
Full Property Details for 9307 Ramona Blvd
MLS ID: AR19149284
Added: 22 day(s) ago
Pool Description: None
Area: 651 - Rosemead/S. San Gabriel
County: Los Angeles
Development Name: 651 - Rosemead/S. San Gabriel
Driving Directions: Located on Ramona just east of Rosemead
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Listed by Tink Cheney(CalRE#: 01173415) Sold by Tony Dowdy(CalRE#: 01347010)
9307 Ramona Boulevard, Rosemead, CA 91770 (MLS# AR19149284) is a
Multi-Family property with 18 units containing 0 bedrooms and 0 full bathrooms.
9307 Ramona Boulevard is currently listed for $5,629,000 and was received on June 24, 2019.
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