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918 Main St Ramona, CA 92065
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Key Details
Sold Price $4,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240001701SD
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. Please see attached flyer
Location
State CA
County San Diego
Area 92065 - Ramona
Interior
Heating Baseboard, See Remarks, Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Roof Type Composition
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Bought with Kamran Banayan • OpenHome