25432 Cole ST Loma Linda, CA 92354
UPDATED:
10/29/2024 06:55 PM
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 Description
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.
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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