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25675 Prospect Avenue

Loma Linda, CA 92354

– beds
– baths
– sqft
~3/4 acre lot
1972 build
– on site

This Property is being sold as a 3 property, 138 Unit Total Portfolio. 88 Units at 3681 Cranford Ave, Riverside, 25 Units at 1480 7th St, Riverside, and 25 Units at 25678 Prospect Ave, Loma Linda. The Loma Linda Apartments, 25 apartment units located at 25675 & 25695 Prospect Avenue, Loma Linda, California. Located just a 1 mile south of the 10 freeway and walking distance to VA Hospital. The tenants have excellent access to transportation & employment. The Apartments are located on a quiet cul-de-sac within walking distance to Barton Road which offers numerous retail shopping and restaurants. The unit mix consists of four 1 bedroom/ 1 bathroom & twenty-one 2 bedroom / 2 bath units. Each unit is separately metered for gas and electric. The parking is ample with assigned carport, open & street parking. The local apartment market in the city of Loma Linda remains robust/tight and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of retail, transportation and educational amenities with realistic rental upside. This overall demand for well-located work force apartments will be a key driver in the continued growth at 25675 & 25695 Prospect Avenue, Loma Linda, California.

Listed By CRMLS_CA / Mark Bridge / Mark Bridge, Broker / Mark.Bridge@cushwake.com

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# OC24233904 —

The Building

Year Built:

1972
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

19396.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

25
Stories Total:

2
# of Separate Gas Meters:

26
# of Separate Water Meters:

1
# of Separate Electric Meters:

26

Interior

Levels:

Two
Entry Location:

First
Laundry:

Community
Laundry:

1

Location

Directions:

Head East on Barton Rd, take a Left onto Mountain View Ave, then Left onto Prospect Ave. Property will be on the Left
Latitude:

34.04999600
Longitude:

-117.24416800

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

21-25 Units/Acre
Lot Size Area:

0.7500
Lot Size Acres:

0.7500
Lot Size SqFt:

32670.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

14339
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

0284153130000

Utilities

Utilities:

Cable Available, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Pool:

None
Private Pool:

No

Parking

Parking:

Yes
Parking:

Assigned, Covered

Extra Units

Average 1 Bed Area:

601
Average 2 Bed Area:

826

Explore the Area

My Commute

From

Soundscore™

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Sale history

Date	Event	Source	Price	% Change
11/14/24 Nov 14, 2024	Listed / Active	CRMLS_CA	$7,000,000	177.8% (15.3% / YR)
3/26/13 Mar 26, 2013		CRMLS_CA	$2,520,000

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This multifamily located in Loma Linda, CA 92354 is currently for sale for $7,000,000. 25675 Prospect Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Mission Elementary School, Redlands High School, and Cope Middle School.

Listing Courtesy of: CRMLS_CA and Mark Bridge, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 17:27 on Nov 14.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.