In the heart of old town Ramona, 23 one bedroom units AND an office building. Two parking lots, most units are built as cottages with a front door, back door and no one on top of below. Some units are completely renovated some are partially renovated. No vacancies, no delinquencies. Current monthly rents are $34,000. Last 4 units rented for $1750 each. Self managed and tenants deposit rent every month. In the last 6 years, a new unit with permits has been built, several new roofs and foundations, several major improvements. 4 parcels are 281-281-14-00, 281-281-15-00, 281-281-16-00, 281-281-17-00 See attached flyer for more information. This property has a great cash flow and cap rate, and owner will only sell if terms are favorable.
Sold for $4,300,000
$4,300,000
918-950 Main St, Ramona, CA 92065
9beds
10baths
11,780sqft
Multi Family
Built in ----
-- sqft lot
$3,873,700 Zestimate®
$365/sqft
$2,223 Estimated rent
Home value
$3,873,700
$3.33M - $4.53M
$2,223/mo
Zestimate® history
Owner options
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$2,223/mo
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$2,223/mo
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$27,686/mo
Est. payment
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$27,686/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Cheryl Horn DRE #01900723 858-692-4249,
Cheryl Horn, Broker
Bought with:
Kamran Banayan, DRE #00822018
Source: SDMLS,MLS#: 240001701
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 10
Heating
- Baseboard, Wall, Other/Remarks
Cooling
- Wall/Window, Other
Appliances
- Laundry: Leased
Features
- Flooring: Vinyl
Interior area
- Total structure area: 11,780
- Total interior livable area: 11,780 sqft
Property
Parking
- Parking features: Spaces
Features
- Levels: 1 Story,2 Story
- Stories: 1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal Fence
- Roof: Composition
Community & neighborhood
Community
- Community features: None
Location
- Region: Ramona
HOA & financial
Other financial information
- Total actual rent: 34305
Other
Other facts
- Listing terms: Exchange Up
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2024 | Sold | $4,300,000$365/sqft |
Source:  SDMLS #240001701 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92065
Nearby schools
GreatSchools rating
- 3/10Ramona Elementary SchoolGrades: K-6Distance: 0.1 mi
- 4/10Olive Peirce Middle SchoolGrades: 7-8Distance: 1 mi
- 7/10Ramona High SchoolGrades: 9-12Distance: 1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,873,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,873,700
- California
- San Diego County
- Ramona
- 92065
- 918-950 Main St
Nearby cities
Nearby zip codes
Other Ramona Topics
