50292 Ramona, Cabazon, CA 92230
Local realty services provided by:ERA North Orange County Real Estate
50292 Ramona,Cabazon, CA 92230
$915,000
- 8 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: wayne krentel, albert le
Office: le investment group
MLS#:IV25250049
Source:San Diego MLS via CRMLS
Price summary
- Price:$915,000
About this home
RECENT PRICE IMPROVEMENT - 6.27% CAP RATE 7-Units + Single family home on separate APN. The property consists of a total of Five (5) separate APNs. 526-031-16, 526-031-17, 526-031-18, 526-031-19, & 526-031-006. Highlights: Strong yield with a current CAP Rate of 6.27% with a Pro Forma CAP Rate of 7.08% achievable through market rent adjustments / Current GRM of 10.27 with a Pro Forma GRM of 9.15. Community located at 5029250330 Ramona Street, a well-located eight-unit multifamily property in Cabazon, California. Built in 1950, this single-story asset consists of seven detached buildings situated on a generous 0.72-acre lot, offering approximately 5,750 square feet of rentable living area. The unit mix features a variety of layouts well-suited for tenants seeking affordability and privacy, including five (5) one-bedroom one-bath units, one (1) two-bedroom one bath unit, one (1) two-bedroom one-bath single-family residence, and one (1) three-bedroom one-and-a-half-bath single-family residence. Most units are detached, providing residents with a more residential feel and reduced density compared to typical multifamily properties. Each unit is separately metered for gas and electricity, minimizing owner-paid utilities.
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Home facts
- Listing ID #:IV25250049
- Added:50 day(s) ago
- Updated:December 19, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
Finances and disclosures
- Price:$915,000
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