• 25432 Cole Street Loma Linda, CA 92354

  • $3,200,000
  • 0
    Bed(s)
  • 0
    Baths
  • 9,200
    Sq Ft
  • 16306
    Sqft
  • Listed By: Albert Rodriguez, CENTURY 21 CITRUS REALTY INC, DRE #01250095
  • Source: CRMLS

Welcome to an exceptional investment opportunity. A prestigious three-story townhome/condo-style apartment complex designed with the savvy investor in mind. Each unit was originally planned as an independent townhome or condo, equipped with separate meters, allowing for the potential of individual resale in the future, adding flexibility to your investment portfolio. Situated in an advantageous location, this complex offers proximity to the thriving "HUB" Shopping Center, which houses prominent retailers such as Sam's Club, dining destinations like In-N-Out, BJ's Restaurant & Brewhouse, El Pollo Loco, and essential banking facilities. The units themselves are expertly designed, each offering two spacious master bedrooms and two and a half baths, accompanied by a private balcony, adding to their desirability among tenants. Central HVAC and heating systems ensure year-round comfort, while the convenience of an individual two-car garage with laundry facilities enhances your property's rental appeal. Ample parking options are available for both residents and their guests, simplifying the property management process. These meticulously maintained units, now completely updated and ready for occupancy, boast exceptional curb appeal and are located in a rental-friendly area known for its array of amenities. The complex, constructed in 2016, minimizes your maintenance costs, offering a secure investment option. In addition to these attractive features, consider the robust demographics within a 2-mile radius, with an average household income of approximately $80,285. This area is a magnet for renters, further bolstering the property's income potential. Monthly rental rates currently average around $3,200 per unit, ensuring strong and consistent cash flow. Easy to rent to Dr's, Nurses on "travelingnursehousing.com or Furnishedfinder.com" for top rental income and quickly! Furthermore, all five units are equipped with brand-new stove/oven combos, microwaves, and dishwashers, reducing maintenance and upkeep costs. This complex isn't just an investment; it's a strategic venture that combines luxury and practicality. Now, with the units completely updated and ready for your new tenants, it's a prime choice for the discerning investor looking to expand their multi-family portfolio. Don't miss this opportunity to secure a slice of the real estate market's steady income potential.

Property Type :

Residential Income

County :

San Bernardino

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1046392278 15 2 10 5

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition,Shingle

Cooling Features

Central Air

Air Conditioning

Heating Source

Forced Air

Has Heating

Building Information

Year Built: 2016

Building Area Total: 9,200

Construction: Stucco

Roof: Composition,Shingle

Pool Features

None

Laundry Features

In Garage

Fencing

Block,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.3743

Lot Size Source: Assessor

Lot Size Square Feet: 16306

Listing Price Information

Original List Price: 3,200,000

Listing Contract Date: 2023-10-16

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 0284141080000

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 267 - Loma Linda

Postal Code Plus 4: 3185

Directions: Barton Road & Mountain View Ave

Source Property Type: Residential Income

Area: 267 - Loma Linda

Property SubType: Mixed Use

Building and Construction

Property Age: 8

Common Walls: 2+ Common Walls

Property Condition: Turnkey

Structure Type: Mixed Use

Year Built Source: Builder

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1965 Coulston Street #42, Loma Linda, CA,92354 $439,000 3 2 1,392 1392 Sqft
Residential Income, Loma Linda, CA,92354 $1,289,000 3 3 2,000 30300 Sqft
11051 Van Uffelen, Loma Linda, CA,92354 $699,000 5 3 2,732 4500 Sqft
25293 Redlands Boulevard, Loma Linda, CA,92354 $113,000 3 2 1,152 --
24480 Sage Drive, Loma Linda, CA,92354 $799,900 3 2 1,619 42000 Sqft
25472 Van Leuven Street, Loma Linda, CA,92354 $675,000 3 2 1,752 9180 Sqft
1749 Davidson Street, Loma Linda, CA,92354 $700,000 2 1 1,076 9460 Sqft
1879 Hardt Street, Loma Linda, CA,92354 $549,000 3 2 1,200 7920 Sqft
25954 Bybee Lane, Loma Linda, CA,92354 $669,900 3 2 2,220 4513 Sqft
Rosarita Drive, Loma Linda, CA,92354 $225,000 -- -- -- 28749 Sqft

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ByOwner last updated this listing 05/17/2024 @ 06:28

MLS: CV23196087
LISTED BY: Albert Rodriguez, CENTURY 21 CITRUS REALTY INC
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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