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Commercial > Multi-family / Apartments
Active
10/20/2023
List Price
$3,000,000$326/ft²

25432 Cole St
Loma Linda, CA 92354

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  • 25432 Cole St, Loma Linda, CA 92354 is a 3 bed, 2 bath, 9,200 ft² multi-family/apartments property built in 2016 on a 0.374 acre lot. This multi-family/apartments is currently for sale for $3,000,000, and it was last sold in 2022 for $2,800,000.

    MLS Description

    The listing agent's description. Original Listing

    Welcome to an exceptional investment opportunity presented by C21 Citrus – 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 Loma Linda University and hospital! The "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, with the convenience of an oversized 2 car garage with laundry facilities. Ample parking options are available for both residents and their guests, simplifying the parking for your Tenants and guests. 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 especially from the University, Loma Linda and VA hospital in close proximity! Monthly rental rates currently average around $2,600 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. The units are completely updated and ready for a the discerning investor looking to expand their multi-family portfolio. Don't miss this opportunity!

    Listing Agents

    The listing agent for 25432 Cole St is Albert Rodriguez.

    Current Ownership

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    Property History

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    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in Loma Linda, Loma Linda, CA 92354.

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    Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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