25432 Cole Street
Loma Linda, CA 92354
- – beds
- – baths
- – sqft
- 16,306 sqft lot
- 2016 build
- – on site
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 $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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Oct 29, 2024
•
MLS# CV23196087 —
The Building
-
Year Built:2016
-
Year Built Source:Builder
-
New Construction:No
-
Construction Materials:Stucco
-
Roof:Composition, Shingle
-
Entry Level:1
-
Common Walls:2+ Common Walls
-
Building Area Total:9200.00
-
Building Area Units:Square Feet
-
# of Buildings:3
-
Total Number Of Units:5
-
Stories Total:3
-
# of Separate Gas Meters:5
-
# of Separate Water Meters:6
-
# of Separate Electric Meters:5
Interior
-
Entry Location:1
-
Laundry:In Garage
-
Laundry:1
Location
-
Directions:Barton Road & Mountain View Ave
-
Latitude:34.05357200
-
Longitude:-117.24953900
The Property
-
Property Type:Residential Income
-
Subtype:Commercial/Residential
-
Property Condition:Turnkey
-
Lot Features:2-5 Units/Acre, Lot 10000-19999 Sqft, Near Public Transit
-
Lot Size Area:16306.0000
-
Lot Size Acres:0.3743
-
Lot Size SqFt:16306.00
-
Lot Size Source:Assessor
-
Fencing:Block, Wood
-
Fence:Yes
-
Property Attached:1
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Tract:19999
-
Tax Lot:1000
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:0284141080000
Heating & Cooling
-
Heating:1
-
Heating:Forced Air
-
Cooling:Yes
-
Cooling:Central Air
Utilities
-
Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected
-
Sewer:Public Sewer
-
Electric:Electricity - On Property
-
Water Source:Public
The Community
-
Senior Community:No
-
Features:Dog Park, Sidewalks
-
Pool:None
-
Private Pool:No
Parking
-
Parking Spaces:10.00
-
Garage Spaces:10.00
Extra Units
-
Number With Carpet:5
-
Number With Dishwasher:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/17/24
Sep 17, 2024
|
Price Changed | CRMLS_CA | $3,000,000 | -6.3% |
|
10/20/23
Oct 20, 2023
|
Listed / Active | CRMLS_CA | $3,200,000 | 14.3% |
|
10/21/22
Oct 21, 2022
|
CRMLS_CA | $2,800,000 | -6.7% |
