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

Type

Duplex

Bedrooms

2

Building size

784 sqft

Lot size

0.16 sqft

Year built

1945

Stories

1

Garage spaces

0

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

246285672

About this property

Duplex and Development Opportunity on Main Street! Unique investment opportunity in the heart of Ramona! This remodeled duplex sits on a spacious commercially zoned parcel with prominent Main Street frontage, while the residences are set back from the road with convenient alley access. Offering multiple possibilities, live in one unit and rent the other, lease both for income, or explore the future development potential of the property. The generous lot and commercial zoning create added flexibility for an investor, owner-user, or developer looking to maximize the property’s potential. Both units feature LVP flooring throughout, installed in 2022, with one unit offering an updated kitchen. Each unit is 1 bed and 1 bath. Each provides comfortable, low-maintenance living with off-street parking and outdoor space. Ideally located within walking distance of downtown Ramona’s restaurants, shops, services, and local businesses.

Location

440 Main Street

Ramona, San Diego, CA, 92065