1551 Montecito Rd., Ramona, CA 92065 (MLS # 200007182)

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PRICE $9,525,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 5.28 ac

The property across the street is also available for sale by the same owners. This asset has 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, fireplaces and interior panel doors in 38 original units. 38 original units have central heat and air. Gated entry for people and vehicles gives residents peace of mind. Tenants enjoy a sparkling swimming pool and carport parking.The parcel has extra land between the apartments and Santa Maria Creek. The Ramona Community Plan seems to allow part of the parcel to be used for single family homes. The Buyer may want to investigate the possibilities of adding more buildings. Terry Moore, real estate licensee, is a part owner of this asset. Sellers upgraded many units on turnover.Sewer, fire protection & other are collected via property tax billing.

DAYS ON MARKET 53 LAST UPDATED 3/3/2020
YEAR BUILT 0 COMMUNITY RAMONA
COUNTY San Diego STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Mar 3, '20 $9,650,000
Mar 3, '20 - Today $9,525,000


ADDITIONAL DETAILS
AIR Central Forced Air Elec
AIR CONDITIONING Yes
AMENITIES Heated Pool
AREA RAMONA
CONSTRUCTION Frame, Stucco
EXTERIOR Metal Fence
GARAGE Carports, Spaces
HEAT Central Forced Air Elec
LOT 5.28 acre(s)
PARKING Total Spaces: 60
STORIES 2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Apartment Consultants, Inc.

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Properties on this website was last updated as recently as 4/5/20 3:59 AM PDT.

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