Ramona, CA 92065,918-950 Main St
Ramona, CA 92065,918-950 Main St
Ramona, CA 92065,918-950 Main St
Ramona, CA 92065,918-950 Main St
Ramona, CA 92065,918-950 Main St
Ramona, CA 92065,918-950 Main St
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$4,300,000

$4,300,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/15/2024

Key Details

Sold Price $4,300,000

Property Type Commercial

Sub Type Other/Remarks

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240001701

Sold Date 07/15/24

Property Description

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.

Location

State CA

County San Diego

Area Ramona (92065)

Interior

Heating Baseboard, Other/Remarks, Wall

Cooling Other, Wall/Window

Flooring Vinyl

Laundry Leased

Exterior

Exterior Feature Metal Fence

Parking Features Spaces

Roof Type Composition

Building

Story 1

Others

Acceptable Financing Exchange Up

Space Rent $411,660

Listing Terms Exchange Up

Financing Exchange Up

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San Diego Regional MLS (SDMLS)
Listed by Cheryl Horn • Cheryl Horn, Broker
Bought with Kamran Banayan
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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