CA > Loma Linda
Loma Linda, CA 92354,25432 Cole Street
Loma Linda, CA 92354,25432 Cole Street
Loma Linda, CA 92354,25432 Cole Street
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Albert Rodriguez • CENTURY 21 CITRUS REALTY INC
$3,000,000
Est. payment /mo
9,200 SqFt
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Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 9,200 sqft

Price per Sqft $326

MLS Listing ID CV-23196087

Year Built 2016

Lot Size 0.374 Acres

Property Sub-Type Commercial/Residential

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

Laundry In Garage

Exterior

Parking Features Gated

Garage Spaces 10.0

Pool None

Community Features Dog Park, Sidewalks

Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected

Building

Lot Description Lot 10000-19999 Sqft, Near Public Transit, 2-5 Units/Acre

Sewer Public Sewer

Others

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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