Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Lot size

30 sqft

Year built

1990

Stories

1

Heating

Propane,Forced Air

Cooling

Central Air

View

Panoramic

Status

Active

Days on market

185

MLS #

243813719

About this property

Motivated Seller - Mobile Home Park / Ranch - Amazing property 29.74-acres with FOUR homes, a huge barn and a rodeo arena! This is an extraordinary opportunity to own four separate homes in San Diego County for under $3M. Stable rental income is already in place, with a transferrable mobile home park permit. The largest home is 4Bd/2.5Bath completely remodeled. This sprawling ranch has a massive steel barn with 2 workshops, 3 outbuildings, a rodeo sized arena w/ sandy soil, over 20 horse stalls with metal gating, a private well, chicken coup, tractor, rideable lawn mower and a water truck. The fully usable acreage presents endless possibilities perfectly suited for equestrian enthusiasts, agricultural pursuits, multi-generational living, as well as established rental income. Mountain views surround this, almost 30 acre, ranch with 4 homes. Zoned A72 and “O” animal designation. Completely fenced, 3 pastures, 13 paddocks w/shelters, self-contained 180x340 arena, barn and much more. Well has 10k gallon tank with a new pump in 2022. Transferable mobile home park permit. Main house has been used as a primary residence without rental income, but is estimated to rent for $5,000 per month, current rental income is $5,500/month for 3 homes w/great tenants on month-to-month leases. More revenue is possible w/horse training/boarding, vineyard, crops/livestock and special events.

Location

24665 E Old Julian Hwy

Ramona, San Diego, CA, 92065