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Listed by Albert Rodriguez • CENTURY 21 CITRUS REALTY INC
$3,000,000
Est. payment /mo
9,200 SqFt
Active
25432 Cole Street Loma Linda, CA 92354
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UPDATED:
02/24/2025 11:01 PM
Key Details
Property Type Single Family Home
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 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
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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