Search
Seven-Unit Multifamily with Detached Homes
For Sale
Contact for pricing
Pending

50292 Ramona, Cabazon, CA 92230

Single-story multifamily community with seven detached buildings, including one- and two-bedroom units and two separate single-family residences.

Property Size5,750 SF
Lot Size0.72 Acres
Days on Market314

Property Features for 50292 Ramona

General Information

Standard status Pending
Size 5,750 SF
Lot size 0.72 Acres
Property subtype Multifamily
Zoning Assessor

Additional Details

Cap Rate 6.27%
Multifamily Units 8

Building Details

Year Built 1950
Buildings 7
Stories 1
Units 8
Listing Agency: Le Investment Group
Listed By: Albert Le · License #CA 01468313
Source: Crexi
Added: Oct 27, 2025 Changed: Aug 8 Last Checked: Jul 24 at 5:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Le Investment Group

Investment Insights

Based on property information with market context.

This single-story multifamily community built in 1950 includes seven detached buildings on a 0.72-acre lot. The property offers approximately 5,750 square feet of rentable living area and a unit mix featuring five one-bedroom, one-bath units, one two-bedroom, one-bath unit, and one two-bedroom, one-bath single-family residence. There is also one three-bedroom, one-and-a-half-bath single-family residence included in the overall configuration. Most units are detached, giving the community a more residential feel and less density than typical multifamily settings.

The property is located at 50292 Ramona Street in Cabazon, California, and is comprised of five separate APNs. Each unit is separately metered for gas and electricity, which helps reduce owner-paid utility exposure.

The community combines detached multifamily living with two separate single-family residences within the same asset, supported by separate utility metering across the units.

Key Highlights

  • Seven‑unit community in Cabazon: five 1 bed/1 bath, one 2 bed/1 bath, plus two separate single‑family residences
  • Single‑story asset built in 1950 with seven detached buildings on a 0.72‑acre lot and approx. 5,750 SF rentable living area
  • Current CAP Rate of 6.27% and current GRM of 10.27; pro forma CAP Rate of 7.08% and pro forma GRM of 9.15 with market rent adjustments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Cafe & Coffee Shop Grocery & Convenience Store Wine and Liquor Store Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 92230, CA

2,650
Population
926
Households
2.9
Avg Household Size
36
Median Age
12%
College-Educated
77%
High-School Grad
11.7 sq mi
ZIP Area
226
Density / Sq Mi
$90,068
Median Household Income
$42,280
Median Earnings
$1,524
Median Rent
$260,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Single-story multifamily community with seven detached buildings, including one- and two-bedroom units and two separate single-family residences.
Where is this apartment building located?
The property is located at 50292 Ramona Cabazon, CA.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Seven‑unit community in Cabazon: five 1 bed/1 bath, one 2 bed/1 bath, plus two separate single‑family residences; Single‑story asset built in 1950 with seven detached buildings on a 0.72‑acre lot and approx. 5,750 SF rentable living area; Current CAP Rate of 6.27% and current GRM of 10.27; pro forma CAP Rate of 7.08% and pro forma GRM of 9.15 with market rent adjustments
(909) 256-7889 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message