549 D St., Ramona, California 92065, Ramona, 92065 - 6 bed, 3 bath
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Ramona, California 92065
This Multi-Unit Investment Asset is listed at $1,142,000, offering a rare configuration of three fully renovated homes within the Ramona Unified district. While the $967,124 Fair Market Value reflects local single-family averages, this property’s Condition Rating of 2 and Dual Residential/Commercial Zoning provide exceptional versatility for income generation. Each unit features updated plumbing and City Light Views, while the high lot utilization ensures maximum utility. This turnkey opportunity is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility residential compound.
Property is new construction or fully renovated.
Although originally built in 1959, the property has undergone an extensive recent renovation across all three units. Key upgrades include brand-new roofs, fresh exterior stucco, new interior paint, and updated plumbing fixtures. The kitchens and bathrooms have been modernized with new cabinetry, stone countertops, and stainless steel appliances, while the flooring features new luxury vinyl plank and durable tile, meeting current quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 2250.
The property features three separate 2-bedroom, 1-bath homes on a single lot, offering exceptional versatility for high-yield rental income, multi-generational living, or a live-work setup.
With both Residential and Commercial zoning in a prime location, this property provides unique flexibility for business opportunities, future development, or diverse long-term investment strategies.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9147, other record lot size in square feet = 8997.
Originally built in 1959, the property may have aging underlying systems or structural elements typical of its era that may require future attention despite the recent cosmetic and surface-level updates.
Each unit is approximately 750 square feet, which may restrict the tenant pool to smaller households and limit the competitive edge against larger rental offerings in the Ramona market.
Rare Investment Opportunity in Prime Ramona Location – Three Homes on One Lot! Discover exceptional value and versatility with this rare chance to own three separate 2-bedroom, 1-bath homes on a single lot in the heart of Ramona, CA. Perfect for investors, multi-generational living, or those seeking reliable rental income, this unique property offers endless potential. Each home is approximately 750 sq ft and benefits from dual zoning for both Residential and Commercial use, giving you flexibility for long-term investment, business opportunities, or future development. All three units have been thoughtfully refreshed from top to bottom. Each features a brand-new roof, fresh exterior stucco and paint, new interior paint, and updated plumbing fixtures. Two of the units offer new plank flooring, while the third unit features durable tile flooring throughout. Situated in a prime Ramona location close to shopping, dining, schools, and commuter routes, this property is ideal for strong rental demand or personal use. Whether you’re looking to expand your real estate portfolio or secure a versatile income-producing asset, this one-of-a-kind opportunity checks all the boxes. Don’t miss your chance to own three fully updated homes on one lot—opportunities like this rarely come to market in Ramona!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,250 | 2,124 | 56% |
| Lot Size | 9,147.6 | 22,651.199 | 14% |
| Price | $1.14M | $840.0K | 83% |
| Price per sq ft | $508 | $401 | 86% |
| Built year | 1959 | 1989 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 172 | 19% |
Apr 14, 2026
$1,142,000
$1,184,000
-4% Price Drop
Initial Listing
Mar 11, 2026
$1,184,000
$1,236,000
-4% Price Drop
Initial Listing
Jan 28, 2026
$1,236,000
Initial Listing
Apr 2, 1997
$155,000
Public Record