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.
|
DAYS ON MARKET
|
98
|
LAST UPDATED
|
3/28/2024
|
|
YEAR BUILT
|
0
|
COUNTY
|
San Diego
|
|
STATUS
|
Pending
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PROPERTY TYPE(S)
|
Multi Family
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| BUYER'S BROKERAGE COMPENSATION |
2.0 |
| CONSTRUCTION |
Metal Siding, Stucco |
| HEAT |
Baseboard |
| LOT |
0 |
Listed with Cheryl Horn, Broker
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Properties on this website was last updated as recently as 4/28/24 12:15 PM PDT.
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