Property
Listing Agent: WAYNE KRENTEL (DRE #01962714) · Listing Office: LE INVESTMENT GROUP · Contact: 951-500-8585 · Bought with: WAYNE KRENTEL · LE INVESTMENT GROUP · MLS #IV25250049 · Source: CRMLS
50292 Ramona sold for $900,000 in September 2026, 1.6% under its $915,000 list price, after 159 days on the market. It was first listed at $950,000. Across 36 closed sales in 92230 over the last 12 months, the median sold price is $114,500 and the median is $234 per square foot.
| Quarter | Closed sales in 92230 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $295,000 |
| Q2 2026 | 18 | $87,500 |
| Q3 2026 | 13 | $200,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Cabazon · Homes for sale in 92230
RECENT PRICE IMPROVEMENT - 6.27% CAP RATE 7-Units + Single family home on separate APN. The property consists of a total of Five (5) separate APNs. 526-031-16, 526-031-17, 526-031-18, 526-031-19, & 526-031-006. Highlights: Strong yield with a current CAP Rate of 6.27% with a Pro Forma CAP Rate of 7.08% achievable through market rent adjustments / Current GRM of 10.27 with a Pro Forma GRM of 9.15. Community located at 50292–50330 Ramona Street, a well-located eight-unit multifamily property in Cabazon, California. Built in 1950, this single-story asset consists of seven detached buildings situated on a generous 0.72-acre lot, offering approximately 5,750 square feet of rentable living area. The unit mix features a variety of layouts well-suited for tenants seeking affordability and privacy, including five (5) one-bedroom one-bath units, one (1) two-bedroom one bath unit, one (1) two-bedroom one-bath single-family residence, and one (1) three-bedroom one-and-a-half-bath single-family residence. Most units are detached, providing residents with a more residential feel and reduced density compared to typical multifamily properties. Each unit is separately metered for gas and electricity, minimizing owner-paid utilities.
Listing description from the September 2026 sale, as reported to CRMLS.
MLS-reported closed sales in 92230, nearest first (last 12 months). All recent sales in Cabazon →
50292 Ramona last sold in September 2026 for $900,000, according to CRMLS-reported closed sales.
$900,000, 1.6% below the $915,000 list price, after 159 days on the market.
36 homes closed in ZIP 92230 over the last 12 months at a median of $114,500 ($234 per square foot).
50292 Ramona is not currently listed on the MLS. Browse current homes for sale in Cabazon on Nalren.