405 E Ramona
Alhambra, CA, 91801
$908,000
Original list price: $928,000
MLS: CV26173426
Beds
2
Baths
3
Sq Ft
1,485
Lot
0.14 ac
Year Built
1947
MLS #
CV26173426
Days on Market
86
Listed
Aug 7, 2026
Description
Exceptional Investment Opportunity in the Heart of Alhambra! Don’t miss this rare duplex offering incredible income potential in one of Alhambra’s most desirable locations. Unit 405 has 1 bedroom, 1 bath units (670 sqft) Unit 407 has 1 bedroom, 2 baths (815 sqft) plus a garage converted into living space, providing excellent flexibility for rental income or extended family living. Both the front and back yards are spacious, offering exciting possibilities for future expansion, or enhanced outdoor living. Major upgrades include a new roof, new plumbing throughout, updated dual-pane windows and bathroom. Whether you’re an investor seeking strong cash flow or an owner-occupant looking to live in one unit while generating rental income from the others to offset mortgage, this property offers outstanding potential. Conveniently located near shopping, restaurants, schools, parks, public transportation, and easy freeway access, this is an opportunity you won’t want to miss.
Location
Alhambra, Los Angeles County, CA 91801
Open on Google Maps ↗Listed by: Windi Lau · RE/MAX TOP PRODUCERS
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$7,156
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $90,800 · Loan: $817,200
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,569
- Property tax (1.25%)
- $946
- Homeowners insurance
- $300
- Mortgage insurance
- $341
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Alhambra home with as little as 3.5% down using an FHA loan — roughly $31,780 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Alhambra, CA 91801 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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