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50292 Ramona

Cabazon, CA 92230
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Bed 0

Bed

Bath 0

Bath

SqFt5,750

Sqft

SqFt7,405

Sqft(Lot)

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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $915,000

AD Id : 68232914

MLS Id : IV25250049

Lot Size : 7,405 Sqft

Living Area Size : 5,750

Year Built : 1941

County : Riverside

Subdivision: Fallbrook

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central

  • Building Information

    Year Built: 1941
    Building Area Total: 5750
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7405 Lot Size Acres: 0.17 Lot Size Source: Assessor Lot Size Square Feet: 7,405 Lot Description: 2-5 Units/Acre

    Property Information

    Subdivision: OTHR Source Property Type: Residential Income Property SubType: Apartment Levels: One Property Age: 85

  • Listing Price Information

    Listing Price: $915000
    Original Price: $950000
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  • Tax Information

    Parcel Number: 526031017 Tax Lot: 46

  • Location Information

    Direction: SOuth of 10 Freeway WaterSource: Public
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ByOwner last updated this listing 07/21/2026 @ 04:23

MLS: IV25250049 LISTED BY: WAYNE KRENTEL, LE INVESTMENT GROUP 909-256-7889 SOURCE: CRMLS

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