1643 H Street Ramona, CA 92065

1 / 24

View all 24 Photos

Map

Virtual Tour

In the picturesque community of Ramona, this property offers a unique opportunity for those seeking to invest in a fixer-upper opportunity situated on nearly an acre of land, conveniently located near shopping centers and schools. The residence, while promising in its potential, presents evident challenges. A shared driveway provides access to the property removed from the busy H Street. Additionally, the aged roof and obvious presence of roof leaks underscores the necessity for immediate attention to prevent further damage. There is a lot of damaged exterior wood, patio structure and fascia boards in need of replacement and repair. Furthermore, the flooring throughout the house is beyond its useful life and requires replacement, indicating a comprehensive refurbishment project that is likely to cost many tens of thousands of dollars. Replacement of aluminum windows are also likely intelligent upgrades. It's worth noting that the property has endured significant wear and tear from previous tenants over the past sixteen years as a rental property. As such, prospective buyers should be aware that the Sellers chose to market for a significantly reduced selling price instead of having any willingness to make any requested repairs. They are also aware that the condition of the house likely precludes any standard loan opportunities or reasonable institutional financing until AFTER such time as the remodel work is completed. Despite these issues, the property boasts an appealing level of privacy, with one side of the adjacent land currently open and undeveloped, contributing to a serene atmosphere. The expansive yard, enveloped by mature trees and several storage buildings offers ample space for potential landscaping or outdoor activities, enhancing the property's allure. This property presents an opportunity for renovation and customization, ideal for those with a vision to transform it into a personalized haven or for someone looking to purchase at a wholesale price and create value and resell for a profit. Prospective buyers should approach with due diligence, recognizing the potential challenges alongside the promising features of the property.