50292 Ramona, Cabazon CA 92230 for sale - Presented to you by of Los Angeles California
Listing provided courtesy of WAYNE KRENTEL of LE INVESTMENT GROUP. Last updated 2025-11-10 09:11:40.000000. Listing information © 2025 CLAW.

Asking Price: $950,000

50292 Ramona, Cabazon CA 92230

Community: ​263 - Banning/Beaumont/Cherry Valley


This Apartment property was built in 1941 and is priced at $950,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: IV25250049
  • Type: Apartment
  • Year Built: 1941
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 6.00% with a Pro Forma CAP Rate of 6.77% 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.

Call or Email now to inquire about this property

818-960-3600