property-detail

property-detail

property-detail

property-detail

property-detail

property-detail

733 B St., Ramona CA 92065 | $2,799,000

Status: Pending
  • 2 bedrooms
  • 2 bathrooms
  • 0 Sq Ft
  • 17975 Lot Sq Ft
  • Type: Com-Res Income
  • Stories: 2
  • Year Built:
  • MLS#: 200007241
  • Community: North County Inland

Listing provided courtesy of Terry Moore of Apartment Consultants, Inc.. Last updated 2020-09-16 09:20:35.000000. Listing information © 2020 Sandicor.

DRAMATIC PRICE REDUCTION! Neighbor at 715 B St. is also for sale by same family. All units benefit from central heat and A/C. Individual water heaters mean owner saves money since residents pay to heat water. Tenants enjoy private balconies or private fenced patios. Adding washer / dryer hookups could generate $100 more per month and would be easy to do since there is space next to kitchens or baths. Gated entry provides an extra feeling of security. Sellers have upgraded many units on turnover. Future repairs and maintenance cost may be less than history. Seller paid salaries to four staff to service four Ramona assets. New buyer does not need a resident manager, but might pay for a porter. Sewer, fire protection & other are collected via property tax billing. Lenders may require for first year reserves of 12 month principal and interest payment. (Buyer posts that extra money for first year and then gets remainder back after first year.)

More Details

0.41 Acres
2 Stories
Number of Units: 13
Price Per Unit: 215308
SqFt of Improvement: 12805

Call or Text: 619-568-2600

Thank you!