1645 La Brea St., Ramona, California 92065, Ramona, 92065 - 6 bed, 3 bath
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Ramona, California 92065
This property presents a High-Potential Investment Opportunity with a List Price of $795,000—positioned well below the $819,210 Fair Market Value by 2%. This valuation gap offers $24,210 in Instant Equity. Featuring VR-20 Zoning and a .72-acre lot, the property includes two separate residences, offering significant rental income potential. With a Condition Rating of 5, the asset requires a full rehab, making it an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize value through strategic improvements.
Property is extensive renovation needed.
Built in 1967 (57 years old) with no evidence of major renovations. The kitchens and bathrooms are severely dated, and the interior shows significant deferred maintenance, including exposed wall cavities and plumbing in the laundry area. Marketed as an 'as-is' investment opportunity requiring a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31363, living area = 2258.
High School: Mountain Valley Academy (9/10).
The property features two separate residences on a single lot, providing an exceptional opportunity for rental income, multigenerational living, or guest accommodations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2258, other record living area = 1508. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
Both homes are being sold in as-is condition, which implies the need for immediate capital investment for repairs, modernization, and deferred maintenance.
Built in 1967, the property likely requires significant updates to major systems such as electrical, plumbing, and HVAC to meet modern standards and efficiency.
2 homes on 1 lot with endless potential! Upgrades needed. Property is zoned VR-20. The main home offers 1,508 sq. ft. of living space with 4 bedrooms and 2 bathrooms. The second home/ADU is a permitted 640 sq. ft. and features 2 bedrooms and 1 bathroom, providing excellent potential for rental income, multigenerational living, or extended family accommodations. Conveniently located within walking distance to stores, restaurants, and shopping, this property offers both accessibility and investment potential. Both homes are being sold as-is, presenting a great opportunity for investors or buyers looking to add value and make improvements to suit their needs. Don't miss this chance to own a versatile property in a convenient location. Sits on .72 acres.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-6 • 4.4 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,148 | 2,194 |
| Lot Size | 31,363 | 22,215.6 |
| Price | $775.0K | $832.9K |
| Price per sq ft | $361 | $405 |
| Built year | 1967 | 1987 |
| HOA | $0 | $195 |
| Days on market | 37 | 60 |
Jul 21, 2026
$775,000
$795,000
-3% Price Drop
Initial Listing
Jun 15, 2026
$795,000
Initial Listing
Nov 17, 1998
$165,000
Public Record