918-948 Main St, Ramona, CA 92065

$2,350,000
Sold Price
$2,350,000
List Price
$2,850,000
Closing Date
May 25, 2018
Days on Market
137
Status
SOLD
MLS#
180001538
Lot Size(Range)
.5 through .75 Acres
Lot Size(apprx.)
34,846
Property Type
Multifamily

Property Description

Income property in San Diego county. No need to go out of state your deal is here!. Class C apartments in garden setting 3/4 of an acre!! Owner has spent approximately 153,000 to renovate property in last several years. Ample off street parking. Rental upside. Long term on site manager. On site laundry facilities (owned laundry equipment). Located in heart of downtown Ramona within walking distance to many services. Site includes 22 residential units and one commercial building (real estate Office). Total of nine buildings. There's enough parking for about 18 vehicles on 2 parking lots. First parking lot is directly behind the commercial building with direct access to the unit. The other parking lot is directly across the alley and accommodates about 5 cars. Rent schedule shows stabilized rents. Actual rents are somewhat lower due to long term occupancy. Pictures are numbered to make it easier to identify their location on the property. Plz reference the aerial picture with the corresponding #

Additional Information

Annual Expense Actual
70
Construction
Frame
Cooling
None
Financing
Cash to New Loan
Lot Size
34,846
Lot Size Range
.5 through .75 Acres
Roof
Composition, Tar & Gravel
Stories
1 Story, 2 Story
Style
Com-Res Income

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of J D Bols & Associates

Selling Office: Cheryl Horn, Broker.

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