
Ramona, California 92065
Analysis of 440 Main Street, Ramona, California 92065 is currently available with a list price of $625,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Ramona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1945, the property underwent a comprehensive renovation in 2022 (within the last 5 years). It features a modern kitchen with new shaker cabinets and stainless steel appliances, new LVP flooring throughout, and updated mini-split HVAC systems, placing it in mint, move-in ready condition.
The property is situated on a commercially zoned parcel with prominent Main Street frontage, offering significant flexibility for future development, business use, or value-add opportunities.
As a remodeled duplex, this property provides multiple investment strategies, including a live-in-one-rent-one scenario, a pure income-generating rental, or an owner-user setup.
Both units feature durable LVP flooring installed in 2022 and one unit includes an updated kitchen, reducing the need for immediate capital expenditures by a new owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 7155.
With a total of only 784 square feet split between two units, the compact 1-bedroom layouts may limit the tenant pool and cap potential rental rates.
Originally built in 1945, the property may require ongoing maintenance or future upgrades to aging structural systems that are common in buildings of this era.
Duplex and Development Opportunity on Main Street! Unique investment opportunity in the heart of Ramona! This remodeled duplex sits on a spacious commercially zoned parcel with prominent Main Street frontage, while the residences are set back from the road with convenient alley access. Offering multiple possibilities, live in one unit and rent the other, lease both for income, or explore the future development potential of the property. The generous lot and commercial zoning create added flexibility for an investor, owner-user, or developer looking to maximize the property’s potential. Both units feature LVP flooring throughout, installed in 2022, with one unit offering an updated kitchen. Each unit is 1 bed and 1 bath. Each provides comfortable, low-maintenance living with off-street parking and outdoor space. Ideally located within walking distance of downtown Ramona’s restaurants, shops, services, and local businesses.
No exterior & parking available.
No sensitive facilities data found.
Aug 21, 2026
$625,000
Initial Listing
Jun 27, 2022
$400,000
Public Record
Jan 3, 2012
$120,000
Public Record
May 22, 2001
$170,000
Public Record
Mar 1, 2000
$110,000
Public Record