NOT LISTED FOR SALE

230 N Ramona St Hemet, CA 92543

10 Beds
5 Baths
3,875 Sq Ft
10,019 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $679,900 $175 Per Sq Ft

3 Days on Market

Highlights

  • View of Hills
  • Lawn
  • Walk-In Closet
  • End Unit
  • No HOA
  • Laundry Room

About This Home

As of March 2021

Great investment opportunity with instant cash flow in Hemet. 5 plex with all units having 2 bedrooms and 1 bath, also 2 covered carports per unit. The roof is less than 5 years old. Laundry room onsite for a little extra income. All units are one level, have dishwashers, central AC/heat, dining areas, and master bedroom walk in closets. One unit sits over the carports with a large balcony.

Last Agent to Sell the Property

Justin Roach

Freedom First Properties License #01976308 Listed on: 02/12/2021

Last Buyer's Agent

Justin Roach

Freedom First Properties License #01976308 Listed on: 02/12/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 10,019 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Wrought Iron Fence
  • Level Lot
  • Lawn
  • Density is 2-5 Units/Acre

Parking

  • 10 Car Garage
  • Carport
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • Apartment
  • Flat Roof Shape
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,875 Sq Ft Home
  • Views of Hills

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 8 / 7
  • Assessor Parcel Number 443192027

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $575
  • Gardener Expense $600
  • Insurance Expense $1,700
  • Pest Control $880
  • Professional Management Expense $2,900
  • Trash Expense $2,465
  • Water Sewer Expense $5,158
  • New Taxes Expense $7,000
  • Operating Expense $17,778
  • Gross Income $600
  • Net Operating Income $36,282

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

10

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Other Phone Description: 7142998126
  • Professional Management Expense: 2900.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Water Sewer Expenses: 5158.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 443192027
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Price Per Square Foot: 175.46
  • Room Type: Walk-In Closet

Exterior Features

  • View: Hills
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Flat
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Carport
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range
  • Heating Type: Central
  • Laundry Features: Community
  • Pest Control Expense: 880.00
  • Sewer: Public Sewer
  • Trash Expense: 2465.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lawn, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 775 Square Feet
  • Electric Expense: 575.00
  • Gross Income: 600.00
  • Gross Scheduled Income: 54060.00
  • Insurance Expense: 1700.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 36282.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Operating Expense: 17778.00
  • Other Income Description: Contract for laundry is "Wash"
  • Rent Control: Yes
  • Total Expenses: 17778.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Block: 7
  • Tax Census Tract: 434.01
  • Tax Lot: 8

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $679,900 0.0% $175 / Sq Ft
02/12/2021 02/12/21 For Sale $679,900 -- $175 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Justin Roach

    Freedom First Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21028859

California Regional Multiple Listing Service (CRMLS)

APN: 443-192-027

California Riverside County Hemet 92543

230 N Ramona St, Hemet, CA

This home is located at 230 N Ramona St, Hemet, CA 92543 since 12 February 2021. This property was built in 1976. 230 N Ramona St is a home located in Riverside County with nearby schools including Jacob Wiens Elementary School, Rancho Viejo Middle School, and Tahquitz High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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