ActiveResidential · sale

24665 E Old Julian Hwy

Ramona, CA 92065

$2,990,000

  • 30 acres
  • Built 1990

Listed by Pinnacle Realty Advisors · MLS #260007311SD

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PROPERTY QUESTIONS & SHOWINGS

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24665 E Old Julian Hwy, Ramona, CA 92065 · MLS #260007311SD

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1990.

Property size

30 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Mobile Home Park / Ranch - Amazing property 29.74-acres with FOUR homes, a huge barn and a rodeo arena! This is an extraordinary opportunity to own four separate homes in San Diego County for under $3M. Stable rental income is already in place, with a transferrable mobile home park permit. The largest home is 4Bd/2.5Bath completely remodeled. This sprawling ranch has a massive steel barn with 2 workshops, 3 outbuildings, a rodeo sized arena w/ sandy soil, over 20 horse stalls with metal gating, a private well, chicken coup, tractor, rideable lawn mower and a water truck. The fully usable acreage presents endless possibilities perfectly suited for equestrian enthusiasts, agricultural pursuits, multi-generational living, as well as established rental income. Mountain views surround this, almost 30 acre, ranch with 4 homes. Zoned A72 and “O” animal designation. Completely fenced, 3 pastures, 13 paddocks w/shelters, self-contained 180x340 arena, barn and much more. Well has 10k gallon tank with a new pump in 2022. Transferable mobile home park permit. Main house has been used as a primary residence without rental income, but is estimated to rent for $5,000 per month, current rental income is $5,500/month for 3 homes w/great tenants on month-to-month leases. More revenue is possible w/horse training/boarding, vineyard, crops/livestock and special events.

THE NEIGHBORHOOD

Explore the location.

24665 E Old Julian Hwy, Ramona, CA 92065

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LOCAL MARKET CONTEXT

San Diego County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$917,223Up 1.4% vs. the previous 12 months
Months of supply2.712-month average
Days on market3312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1990
Cooling
CentralAir
Heating
ForcedAir,Propane
Appliances
PropaneWaterHeater
Spa
No
Subdivision
Ramona
Parcel
2870210500
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$12,458.33
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #260007311SD · California Regional MLS

Listing brokerage: Pinnacle Realty Advisors
Listing agent: Kay Porath

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.