High Yield Ramona income property! Turnkey 3-home Ramona compound with immediate strong cash flow and future SB9 lot split potential. Rare 3-home income property in Ramona with massive rental upside. Situated on a spacious 1.42 acre lot, 1603 Hanson offers a unique mutli-unit configuration perfect for a savvy investor or live-in owner looking for a major house hack. The main house is 3/2 1368 sq ft with large kitchen, fully fenced yard, and completely remodeled in 2025. Two additional units 2/1 850 sq ft and 1/1 400 sq ft, provide stable cash flow or multi-generational living options. All units remodeled in 2025 and occupied. Property is qualified for SB9 lot split and potential additional 4 units. Incredible value add possibilities. Close to schools and town amenities. Ideal for 1031 exchange buyer seeking immediate cash flow with major expansion potential. Viewing strictly subject to accepted offer only. Do not disturb tenants.
For sale
$1,199,000
1603 Hanson Ln, Ramona, CA 92065
6beds
--sqft
Multi Family
Built in 2000
-- sqft lot
$1,187,500 Zestimate®
$--/sqft
$-- HOA
What's special
Fully fenced yardLarge kitchen
- 48 days |
- 332 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Nick Dillon DRE #01991792 619-994-5332,
CURB
Source: SDMLS,MLS#: 260012282
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Forced Air, Heat Pump(s)
Interior area
- Total structure area: 2,618
Property
Features
- Levels: 1 Story
- Fencing: Full,Gate
Details
- Parcel number: 2823201700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Stucco
- Roof: Composition
Condition
- Year built: 2000
Community & HOA
Community
- Security: N/K
- Subdivision: RAMONA
Location
- Region: Ramona
Financial & listing details
- Tax assessed value: $540,000
- Annual tax amount: $6,169
- Date on market: 5/21/2026
- Listing terms: Cash,Conventional,FHA,VA
- Tenant pays: Sewer, Trash, Water, Cable TV, Electricity, Gardener, Gas/Propane
Estimated market value
$1,187,500
$1.13M - $1.25M
$2,982/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $1,199,000+175.6% |
Source:  SDMLS #260012282 Report a problem | ||
| 6/2/2004 | Sold | $435,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,169 -14.4% | $540,000 -10.9% |
| 2024 | $7,205 +15.5% | $606,323 +2% |
| 2023 | $6,236 -4.9% | $594,435 +2% |
| 2022 | $6,557 +1.8% | $582,780 +2% |
| 2021 | $6,444 +11.3% | $571,354 +12% |
| 2020 | $5,791 +9.2% | $510,000 |
| 2019 | $5,303 -7.2% | $510,000 |
| 2018 | $5,714 +9% | $510,000 +9.7% |
| 2017 | $5,241 +5.3% | $465,000 +5.7% |
| 2016 | $4,976 +6.7% | $440,000 +7.3% |
| 2015 | $4,663 +5.6% | $410,000 +5.7% |
| 2014 | $4,416 | $388,000 +21.3% |
| 2013 | -- | $320,000 |
| 2012 | -- | $320,000 |
| 2011 | -- | $320,000 |
| 2010 | -- | $320,000 -8.6% |
| 2009 | -- | $350,000 -25.7% |
| 2008 | -- | $470,857 +2% |
| 2007 | -- | $461,625 +2% |
| 2006 | -- | $452,574 +2% |
| 2005 | -- | $443,700 +93.7% |
| 2004 | -- | $229,044 +1.9% |
| 2003 | -- | $224,847 +2% |
| 2002 | -- | $220,439 +2% |
| 2001 | -- | $216,117 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 92065
Nearby schools
GreatSchools rating
- 3/10Hanson Elementary SchoolGrades: K-6Distance: 1.3 mi
- 4/10Olive Peirce Middle SchoolGrades: 7-8Distance: 0.1 mi
- 7/10Ramona High SchoolGrades: 9-12Distance: 0.3 mi
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- California
- San Diego County
- Ramona
- 92065
- 1603 Hanson Ln
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