Property Details
About this Property
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.
MLS Listing Information
MLS #
CRIV25250049
MLS Source
California Regional MLS
Days on Site
37
Interior Features
Laundry
None
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Sewer
Cesspool
Contact Information
Listing Agent
WAYNE KRENTEL
LE INVESTMENT GROUP
License #: 01962714
Phone: (951) 500-8585
Co-Listing Agent
Albert Le
License #: 01468313
Phone: (909) 256-7889
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
50292 Ramona is a Residential Income in Cabazon, CA 92230. This – square foot property sits on a 7,405 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in 1941. This address can also be written as 50292 Ramona, Cabazon, CA 92230.
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This listing information is up-to-date as of November 05, 2025. For the most current information, please contact WAYNE KRENTEL, (951) 500-8585
