25432 Cole ST, Loma Linda, CA 92354 – CV23196087

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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$3,000,000

Est. payment - /mo

0.37 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV23196087

Construction Status Turnkey

HOA Y/N No

Year Built 2016

Lot Size 0.374 Acres

Property Sub-Type Mixed Use

Property Description

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 $2,800 per unit in the area, 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 newer built 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.

Location

State CA

County San Bernardino

Area 267 - Loma Linda

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 10.0

Garage Description 10.0

Fence Block, Wood

Pool None

Community Features Dog Park, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Roof Type Composition,Shingle

Total Parking Spaces 10

Private Pool No

Building

Lot Description 2-5 Units/Acre, Near Public Transit

Story 3

Sewer Public Sewer

Water Public

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 0284141080000

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Albert Rodriguez • CENTURY 21 CITRUS REALTY INC • 626-255-4854

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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25432 Cole ST Loma Linda, CA 92354

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

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