Incredible Opportunity! Investors, dream no further! This unique 4,622 sq ft property in Ramona offers unparalleled flexibility and potential income. Configure it as a spacious single-family home or transform it into two fully-equipped, income-generating units. Each floor boasts separate entrances (2!), kitchens (2!), beds (7!), baths (6!), laundry (2!) and fireplaces (2!). The upper level features 4 bedrooms, an office/gym, and 4 baths, while the lower level offers 3 bedrooms and 2 baths. Expansive wrap-around decks (nearly 4,000 sq ft!) showcase stunning Ramona Valley views, perfect for tenant enjoyment. The nearly half-acre gated property provides ample space for resident needs - RV parking, pets or even storage. A dedicated workshop (separate from the oversized 4-car garage!) allows for projects or additional income potential. Embrace eco-friendly living with solar power and an EV charger, while offering tenants fresh fruit from the variety of trees and access to the charming hen house for fresh eggs. Located just a mile from shopping and amenities, and only 20 minutes from Poway, this property offers a winning combination of tranquility, accessibility, and exceptional value – one of the best prices per square foot in Ramona and San Diego County! Don't miss this high-yield opportunity – schedule a showing today!
SHOWN WITH ACCEPTED OFFER. Exceptional opportunity for a 100% occupied reliable income producing four-unit property. The 4 units are identical in size and bedroom/bath count and are in great condition. Just three years ago every unit was updated with a new kitchen, updated bath, new flooring, interior paint, and the electrical was updated.
Ramona is located in California. Ramona, California has a population of 21,871. Ramona is less family-centric than the surrounding county with 32.36% of the households containing married families with children. The county average for households married with children is 34.63%.
The median household income in Ramona, California is $68,485. The median household income for the surrounding county is $70,588 compared to the national median of $57,652. The median age of people living in Ramona is 37.7 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 35 degrees. The average rainfall is approximately 18.7 inches per year, with 0 inches of snow per year.