25432 Cole ST, Loma Linda, CA 92354 - MLS#CV23194312

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Ricardo Gil Jr

rgiljr@gilsre.com +1(209) 226-9649

$3,000,000

Est. payment - /mo

0.37 Acres Lot

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UPDATED:

12/05/2024 05:32 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV23194312

HOA Y/N No

Year Built 2016

Lot Size 0.374 Acres

Property Description

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!

Location

State CA

County San Bernardino

Area 267 - Loma Linda

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry In Garage

Exterior

Fence Block, Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected

Roof Type Composition,Shingle

Total Parking Spaces 8

Building

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

Story 3

Water Public

Others

Tax ID 0284141080000

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)

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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Ricardo Gil Jr

+1(209) 226-9649

Broker | CA DRE#01800755

Broker CA DRE#01800755