NOT LISTED FOR SALE

733 B St Ramona, CA 92065

14 Beds
11 Baths
12,805 Sq Ft
0.41 Acres

Last Sold February 16, 2021

Last sale price $2,640,000 $206 Per Sq Ft

301 Days on Market

Highlights

  • Central Heating and Cooling System
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of February 2021

DRAMATIC PRICE REDUCTION! Sellers will guarantee 95% of collections for six months. Central heat and A/C. New roof and updated drainage will be completed by close of escrow at a cost of $60k. Individual water heaters mean owner saves money since residents pay to heat water. Tenants enjoy private balconies or private fenced patios. Adding washer/ dryer hookups could generate $100 more per month and would be easy to do since there is space next to kitchens or baths. Gated entry provides an extra feeling of security. Sellers have upgraded many units on turnover. Future repairs and maintenance cost may be less than history. Seller paid salaries to four staff to service four Ramona assets. New buyer does not need a resident manager, but might pay for a porter. Sewer, fire protection & other are collected via property tax billing. Lenders may require for first year reserves of 12 month principal and interest payment. (Buyer posts that extra money for first year and then gets remainder back after first year.)

Last Agent to Sell the Property

Terry Moore

ACI Apartments License #00918512 Listed on: 02/12/2020

Last Buyer's Agent

Terry Moore

ACI Apartments License #00918512 Listed on: 02/12/2020

Property Details

Home Type

  • Multi-Family

Lot Details

  • Partially Fenced Property
  • Wood Fence

Home Design

  • Composition Roof

Interior Spaces

  • 14 Bedrooms
  • 12,805 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 15 Parking Spaces
  • Parking Available

Additional Features

  • Number of ADU Units: 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $18,939

Community Details

Overview

  • 13 Units

Building Details

  • 13 Leased Units
  • Operating Expense $93,478

Property Details

Home Type

Multi-Family

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • CapRate: 4.6
  • Co List Office Mls Id: 61276
  • Living Area: 12805.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-02-25T14:54:19Z
  • FullAddress: 733 B St.
  • NumofLeasedApartments: 13
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 14
  • Flooring: Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Construction Type: Part Fenced, Wood Fence

Garage/Parking

  • Parking Features: Spaces
  • Total Parking Spaces: 15.0

Utilities

  • Cooling: Central Forced Air Elec
  • Heating: Central Forced Air Elec
  • Laundry Features: Leased

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 13
  • Annual Operating Expense: 93478.0
  • Total Actual Rent: 18939.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $2,640,000 -5.3% $206 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $2,789,000 0.0% $218 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $2,789,000 0.0% $218 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $2,789,000 0.0% $218 / Sq Ft
09/25/2020 09/25/20 For Sale $2,789,000 -0.4% $218 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $2,799,000 -5.1% $219 / Sq Ft
05/08/2020 05/08/20 Price Changed $2,950,000 -4.8% $230 / Sq Ft
03/03/2020 03/03/20 Price Changed $3,100,000 -3.1% $242 / Sq Ft
02/13/2020 02/13/20 For Sale $3,200,000 -- $250 / Sq Ft
Source: San Diego MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $42,831 $2,857,618 $757,701 $2,099,917
2024 $42,831 $2,801,588 $742,845 $2,058,743
2023 $39,738 $2,746,656 $728,280 $2,018,376
2022 $41,756 $2,692,800 $714,000 $1,978,800
2021 $27,708 $1,359,004 $283,124 $1,075,880
2020 $27,594 $1,345,070 $280,221 $1,064,849
2019 $27,066 $1,318,697 $274,727 $1,043,970
2018 $26,472 $1,292,841 $269,341 $1,023,500
2017 $26,199 $1,267,492 $264,060 $1,003,432
2016 $25,457 $1,242,640 $258,883 $983,757
2015 $24,650 $1,223,976 $254,995 $968,981
2014 $23,819 $1,200,000 $250,000 $950,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200007241

San Diego MLS

APN: 281-312-07-00

Your Personal Tour Guide

Ask me questions while you tour the home.