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25432 Cole Street

Loma Linda, CA 92354
  • $3,000,000
  • STATUS: Active
  • ON SITE: 514 Days
  • MLS #: CV23196087
UPDATED: 19 min ago
$3,000,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2016
County:

School Ratings & Info

Listing Agent(s): Albert Rodriguez of CENTURY 21 CITRUS REALTY INC (909-592-8500)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T16:34:18.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/144582431
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25432 Cole Street Loma Linda, CA 92354

  • Price: $3,000,000
  • Status: Active
  • On Site: 514 Days
  • Updated: 19 min ago
  • MLS #: CV23196087
0
Beds
0
Baths
0
½ Baths
0.37
Acres
2016
Built
Neighborhood:
267 - Loma Linda
County:
San Bernardino
Area:
267 - Loma Linda
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.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location 1 Fencing BlockWood Lot Features 2-5 Units/AcreNear Public Transit Number Of Separate Electric Meters 5 Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionShingle

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Dog ParkSidewalks Current Financing None Electric Electricity - On Property Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 144000 Gross Scheduled Income 144000 Insurance Expense 10500 Land Lease YN No Laundry Features In Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 126552 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 6 Operating Expense 17448 Property Condition Turnkey Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3996 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T16:34:18.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Albert Rodriguez of CENTURY 21 CITRUS REALTY INC (909-592-8500)