50292 Ramona, Cabazon, CA 92230
Local realty services provided by:ERA Excel Realty
50292 Ramona,Cabazon, CA 92230
$915,000
- - Beds
- - Baths
- 5,750 sq. ft.
- Multi-family
- Pending
Listed by: wayne krentel, albert le
Office: le investment group909-256-7889
MLS#:IV25250049
Source:CRMLS
Price summary
- Price:$915,000
- Price per sq. ft.:$159.13
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 50292–50330 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
- Year built:1941
- Subdivision & Development:OTHR
- Listing ID #:IV25250049
- Added:287 day(s) ago
- Updated:August 13, 2026 at 08:42 AM
Rooms and interior
- Living area:5,750 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1941
- Building area:5,750 sq. ft.
- Lot area:0.17 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Cesspool, Septic Tank
Finances and disclosures
- Price:$915,000
- Price per sq. ft.:$159.13
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