555-567 Ramona Avenue North

San Bernardino, CA 92411

$579,000
Price
6
Beds
5
Baths
2,038 Sq. Ft.
$284 / Sq. Ft.
2,038
Sq. Ft.
$284
per Sq. Ft.

Description

This unique property is currently a legal 2 unit with pending permits for the third unit. Property also needs work. Won't pass standard loan guidelines Must do an FHA 203K loan, Fannie Mae Homestyle Renovation loan, or cash. Seller will have permits for a 3 bed 2 bath and a 2 bed 2 bath and a one bedroom 1 bath. The lot next door is included in the sales price making this over a 15,000 sq ft lot. Currently there is a workshop and a garage on the other parcel, has water and electric also. See attached...This unique property is currently a legal 2 unit with pending permits for the third unit. Property also needs work. Won't pass standard loan guidelines Must do an FHA 203K loan, Fannie Mae Homestyle Renovation loan, or cash. Seller will have permits for a 3 bed 2 bath and a 2 bed 2 bath and a one bedroom 1 bath. The lot next door is included in the sales price making this over a 15,000 sq ft lot. Currently there is a workshop and a garage on the other parcel, has water and electric also. See attached plans under supplements. Nice quiet street. Walking distance to Ramona-Alessandro Elementary School. This is a great way to supplement your monthly mortgage payment with rentals.
  1. Listed by Joanne Bragg • DRE #00628559 • Brokerage DRE #00628559 • Independent Properties • 951-587-8886

Property Details for 555-567 Ramona Avenue North

Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2038
Assessor Parcel Number
0138-102-23-0000
Property Attached YN
true

Location

Listing Courtesy of Independent Properties, Joanne Bragg, DRE #00628559
Add your commute
LISTING UPDATED: 04/05/2024 09:12 AM

Property Details for 555-567 Ramona Avenue North

StatusActive Under Contract
MLS #SW24060241
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.35 AC / 15,115 SF
CountySan Bernardino County

Location

Listing Courtesy of Independent Properties, Joanne Bragg, DRE #00628559
Add your commute

Building Information for 555-567 Ramona Avenue North

Stories1Residences-Year Built1920Building Size-Lot Size0.35 AC / 15,115 SF

Payment Calculator

$3,160 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,160

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 555-567 Ramona Avenue North

Rental Info
Rental Info
  • Tenant Pays: All Utilities, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,200
  • Gross Scheduled Income: $73,200
  • Vacancy Allowance: 3650
  • Vacancy Allowance Rate: 5
  • Net Operating Income: $60,910
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Current Financing: Other, Private
Expense Details
  • Operating Expense: $8,640
  • Insurance Expense: $1,800
  • Trash Expense: $300
  • Total Expenses: $8,640
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: 1759
  • Tax Census Tract: 43.02
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Outside, Stackable
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
Green Info
  • Walk Score: 29
Land/Lot Info
  • Additional Parcels Description: 0138102240000
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft, Level, Paved, Walkstreet, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway - Combination, Garage - 1 Car
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway - Combination, Paved, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Patio: 1

Property History for 555-567 Ramona Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 555-567 Ramona Avenue North

This home is within San Bernardino City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Ramona-Alessandro Elementary School
PublicK to 6

Martin Luther King Jr. Middle School
Public7 to 8

Arroyo Valley High School
Public9 to 12

Woodward Leadership Academy
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Independent Properties, Joanne Bragg, DRE #00628559

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.