1603 hanson ln Ramona, CA 92065

Building Details

Year Built

2000

Listing office N***@tmwireless.com Show Phone

Listing date May 21, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This Ramona income property features a three-home compound on a 1.42-acre lot, offering immediate cash flow and potential for future SB9 lot split. The property includes a main house with 3 bedrooms and 2 bathrooms, spanning 1368 square feet, featuring a large kitchen and a fully fenced yard. Additionally, there are two units, one with 2 bedrooms and 1 bathroom (850 sq ft) and another with 1 bedroom and 1 bathroom (400 sq ft), providing stable cash flow or multi-generational living options. All units were remodeled in 2025 and are currently occupied. The property is qualified for SB9 lot split, allowing for the potential addition of 4 more units. It is located close to schools and town amenities. The property is suitable for a 1031 exchange buyer seeking immediate cash flow with major expansion potential. The location has a walk score of 81, indicating it is very walkable, and a bike score of 52, making it bikeable.

Key Highlights

• Great Location near Downtown
• Newly Renovated Kitchen
• Spacious Backyard Perfect for Entertaining

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FAQs

What type of property is this?

Multifamily property - Turnkey Ramona compound with cash flow and expansion potential.

Where is this multifamily property located?

The property is located at 1603 hanson ln Ramona, CA.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: Great Location near Downtown; Newly Renovated Kitchen; Spacious Backyard Perfect for Entertaining