25432 Cole Street
Loma Linda, CA 92354
0.37 acres | #CV23194312
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!
Property Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
- Lot DescriptionTwoToFiveUnitsAcre, NearPublicTransit, Level
- CountySan Bernardino
- Property TypeMulti-Family
- Property SubtypeMultiFamily
- Original List Price$3,200,000
- MLS #CV23194312
- MLS #CV23194312
- Cost3000000
- Acres0.3743
- Utility SourcePublic
- Year Built2016
- Stories3
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Albert Rodriguez (#C12315)
Listing Office: CENTURY 21 CITRUS REALTY INC (#2015)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
