33.039738 -116.87892

1528 Montecito Rd. Ramona, CA 92065

262905123 33.039738 -116.87892 107 /listing/262905123-150289627/1528-montecito-rd-ramona-ca-92065 False 0 3895000.0 101 200007234 False
  • $3,895,000
  • 16,576 lot
  • Est payment $20909.2/mo

Property & Neighborhood Info

Courtesy Of Apartment Consultants, Inc.

Commercial in Ramona

DRAMATIC PRICE REDUCTION! Property across the street is also available by same owners. Many investors would buy both buildings and use one manager for both assets. Landings and fascia have been upgraded. Installing new windows and upgrading kitchen or bath might boost rents $100/month. Patio fences were replaced. Private balconies and private fenced yards are appreciated by tenants. Gated access for vehicles and people provide tenants extra peace of mind. The parking lot is in a flood zone, but the buildings are not. Terry Moore, real estate licensee, is part owner of this asset. Sellers have upgraded many units on turnover. Future repairs and maintenance costs may be less than history. 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.)

Courtesy Of Apartment Consultants, Inc.
  1. 16,576 Lot

Main Features

  • Listing Status: Active
  • Floors: 2
  • County: San Diego County
  • Taxes: $40,898.00
  • Units: 20
  • MLS Number:200007234

Additional Features

  • Acreage:
    • 1.5 through 2.5 Acres
  • Amenities:
    • Heated Pool
  • Board:
    • San Diego Association of REALTORS (SDAR)
  • Construction:
    • Frame
    • Stucco
  • Cooling:
    • Wall/Window
  • Exterior:
    • Metal Fence
  • Financial Info:
    • Owner
  • Flooring:
    • Tile
    • Wall to Wall Carpet
  • Heating:
    • Wall
  • Laundry:
    • Leased
  • Limited Service:
    • N/A
  • Listing Type:
    • Exclusive Right (R)
  • Parking:
    • Spaces
  • Roof:
    • Composition
  • Sale Rent:
    • For Sale
  • Short Sale:
    • No
  • Showing Instructions:
    • With Accepted Offer
  • Terms:
    • Cash
    • Cash to New Loan
  • Expenses:
    • 169508
  • Gross Income:
    • 336038
  • List Agent BRE:
    • 00918512
  • List Office Board ID:
    • San Diego Association of REALTORS (SDAR)
  • No. of Buildings:
    • 3
  • Parking Spaces:
    • 32
  • Rent Amount:
    • 27415
  • SQFT Source:
    • Tax Record
  • Tax ID:
    • 281-172-11-00
  • Total Acres:
    • 1.52
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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33.039738 -116.87892

1528 Montecito Rd. Ramona, CA 92065

262905123 33.039738 -116.87892 107 /listing/262905123-150289627/1528-montecito-rd-ramona-ca-92065 False 0 3895000.0 101 200007234 False
  • $3,895,000
  • 16,576 lot
  • Est payment $20909.2/mo