C
Seller's Agent in 2024
Cheryl Horn
Cheryl Horn, Broker
918 Main St Ramona, CA 92065
9
Beds
10
Baths
11,780
Sq Ft
--
Built
About This Home
As of July 2024In 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.
Last Agent to Sell the Property
Cheryl Horn
Cheryl Horn, Broker License #01900723 Listed on: 01/22/2024
Last Buyer's Agent
Kamran Banayan
OpenHome License #00822018
Property Details
Home Type
- Multi-Family
Parking
- Parking Available
Home Design
- Composition Roof
Interior Spaces
- 9 Bedrooms
- 11,780 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Additional Homes
- Number of ADU Units: 1
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Total Actual Rent $34,305
Community Details
Overview
- 10 Buildings
- 24 Units
Building Details
- 24 Leased Units
- Operating Expense $104,257
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2024 07/15/24 | Sold | $4,300,000 | 0.0% | $365 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 01/23/2024 01/23/24 | For Sale | $4,300,000 | -- | $365 / Sq Ft |
Source: San Diego MLS
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2024
Kamran Banayan
OpenHome
Map
Source: San Diego MLS
MLS Number: 240001701
APN: 281-281-17-00
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