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Listed by: WAYNE KRENTEL (951) 500-8585 DRE #01962714, ALBERT LE DRE #01468313 | LE INVESTMENT GROUP (909) 256-7889
$915,000
8 Beds
5 Baths
--sqft
50292 Ramona, Cabazon, CA 92230
$915,000
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Apartment
Built in 1941
$-- HOA
7,405 sqft lot
--/sqft
Description
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 squar...
- Houzeo last checked: 54 Minutes ago
- Listing updated: December 13, 2025 at 12:38 am
- Source: California Regional MLS-CA | MLS#: IV25250049
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1941
HOA Fees
-
Finished Area
- sqft
Lot Size
7,405 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV25250049
MLS Status
Active
Days on Market
98
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