33.041355 -116.878944

1551 Montecito Rd. Ramona, CA 92065

262889192 33.041355 -116.878944 107 /listing/262889192-150289627/1551-montecito-rd-ramona-ca-92065 False 0 8995000.0 101 200007182 False
  • $8,995,000
  • 229,996 lot
  • Est payment $48287.1/mo

Property & Neighborhood Info

Courtesy Of Apartment Consultants, Inc.

Commercial in Ramona

DRAMATIC PRICE REDUCTION! The property across the street is also available for sale by the same owners. There are 38 legal units; former office space was converted into two non-permitted 2 Bed/1 bath units. Next owner might not have a separate rental office. This asset also has washer/ dryer hookups, individual water heaters, central heat and air, fireplaces and interior panel doors in the 38 original units. Gated entry for people and vehicles gives residents peace of mind. Tenants enjoy a sparkling pool and carport parking. Enclosing carports or adding vinyl windows, or upgrading kitchens or baths could boost income. The parcel goes back to Santa Maria Creek. The general plan shows three zones for this lot, one of which is for single family homes. Buyer may want to investigate the possibilities of adding more buildings. Terry Moore, real estate licensee, is a part owner of this asset. Sellers have upgraded many units on turnover.

Courtesy Of Apartment Consultants, Inc.
  1. 229,996 Lot

Main Features

  • Listing Status: Active
  • Floors: 2
  • County: San Diego County
  • Taxes: $94,448.00
  • Units: 38
  • MLS Number:200007182

Additional Features

  • Acreage:
    • 5.0 through 10.0 Acres
  • Amenities:
    • Heated Pool
  • Board:
    • San Diego Association of REALTORS (SDAR)
  • Construction:
    • Frame
    • Stucco
  • Cooling:
    • Central Forced Air Elec
  • Exterior:
    • Metal Fence
  • Financial Info:
    • Owner
  • Flooring:
    • Tile
    • Wall to Wall Carpet
  • Heating:
    • Central Forced Air Elec
  • Laundry:
    • Leased
  • Limited Service:
    • N/A
  • Listing Type:
    • Exclusive Right (R)
  • Parking:
    • Carports
    • Spaces
  • Roof:
    • Composition
  • Sale Rent:
    • For Sale
  • Short Sale:
    • No
  • Showing Instructions:
    • With Accepted Offer
  • Carport Spaces:
    • 38
  • Expenses:
    • 318147
  • Gross Income:
    • 762671
  • List Agent BRE:
    • 00918512
  • List Office Board ID:
    • San Diego Association of REALTORS (SDAR)
  • No. of Buildings:
    • 1
  • Parking Spaces:
    • 60
  • Rent Amount:
    • 64609
  • Tax ID:
    • 281-100-26-00
  • Total Acres:
    • 5.28
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
John Watmore and Floriana LoSapio
John Watmore and Floriana LoSapio
2604 West Canyon Ave. San Diego CA 92123
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33.041355 -116.878944

1551 Montecito Rd. Ramona, CA 92065

262889192 33.041355 -116.878944 107 /listing/262889192-150289627/1551-montecito-rd-ramona-ca-92065 False 0 8995000.0 101 200007182 False
  • $8,995,000
  • 229,996 lot
  • Est payment $48287.1/mo