Pending
918-950 Main St
Ramona CA, 92065
$4,300,000
$365.03 per sqft
Pending
9 Beds
11,780 sqft
Commercial
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.
240001701
MLSⓇ ID
January 22, 2024
Listed
March 28, 2024
Updated
Map
918-950 Main St
Ramona CA, 92065
Interior Features
Total Stories
1
Bedrooms
9 Beds
Laundry Description
Leased
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s), Other
Heating
Yes
Heating Description
Baseboard, Wall Furnace, Other/Remarks
Exterior/Building Features
Roof
Composition
Other Property Details
Area Name
North County Inland
Days on Market
65
Garage
No
Parking
Spaces
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
3/28/2024 | Pending | — |
Listed by Cheryl Horn, Broker, Cheryl Horn,
Listing Contact: 858-692-4249
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Data last updated 5:11 PM UTC, 3/28/2024
