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$2,999,800
25432 Cole St, Loma Linda, CA 92354
0 Beds
0 Baths
9,200 SqFt

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NEW PRICE! C21 Commercial is proud to introduce a Luxury three-story townhome/condo-style apartment complex. Originally designed to be individual townhomes/condos each wtih separate meters in the event you would like to complete the process and sell individually. Each with its own individual two-car garage. Each unit has 2 master bedrooms and 2 1/2 baths with a balcony. Walking distance to Loma Linda University, VA hospital, and Loma Linda Hospital. Each unit rented at $2,650.00 per month with $50.00 annual bumps per unit. The complex is located close to shopping, transportation, parks, and schools. Currently, all 5 units are leased out to one person and rents to Veterans administration with an approximate SUMMARY of Benefits approx. 5.95% +-. Solid investment with a solid tenant. Buyers to verify all details. PLEASE DO NOT DISTURB TENANTS Rents will be going up by $3,000 per year starting in August 2022.
  • Price:
  • $2,999,800
  • Square Footage:
  • 9,200
  • Acreage:
  • 0.37
  • Year Built:
  • 2016
  • Listing ID #:
  • CV21169261
  • Street Address:
  • 25432 Cole St
  • City:
  • Loma Linda
  • State:
  • California
  • Postal Code:
  • 92354
  • County:
  • San Bernardino
  • Community:
  • Loma Linda
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Residential Income
  • Building Condition:
  • Turnkey
  • Construction Description:
  • Stucco
  • Flooring:
  • Carpet, Tile, Wood
  • Interior Features:
  • Balcony
  • Number Of Floors In Unit:
  • Three Or More
  • Number Of Units:
  • 5
  • Stories:
  • 3
  • Style:
  • Contemporary
  • Total # Of Buildings:
  • 3
  • Total Building Square Footage:
  • 9200
  • Type Of Roof:
  • Composition, Shingle
  • Walls:
  • 1 Common Wall
  • Year Built:
  • 2016
  • Year Built Source:
  • Builder
  • Annual Insurance Expenses:
  • 2500
  • Gross Income:
  • 159000
  • Net Operating Income:
  • 113252
  • Operating Expense:
  • 40978
  • Approximate Lot Size Range Source:
  • Assessor
  • Lot Size:
  • 16306
  • Lot Square Footage:
  • 16306
  • Road Type:
  • Paved
  • Community Features:
  • Dog Park, Park, Sidewalks
  • Days On Market:
  • 306
  • On Market Date:
  • 2021-08-24
  • Originating Mls:
  • Crmls
  • Previous Listing Price:
  • 3099000
  • Terms:
  • Cash, Cash To New Loan, 1031 Exchange, Owner May Carry
  • Tenant Pays:
  • All Utilities
  • Laundry:
  • In Garage
  • Fence:
  • Block, Wood
  • Garage Parking Spaces:
  • 10
  • Has Garage:
  • Yes
  • Parking Description:
  • Direct Access, Garage
  • Parking Spaces:
  • 10
  • Appliances:
  • Dishwasher
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Forced Air
  • Utilities:
  • Electricity Connected, Natural Gas Connected
  • Unit 1 Monthly Rent:
  • 2650
  • Unit 1 Total Bathrooms:
  • 15
  • Unit 1 Total Bedrooms:
  • 2
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Albert Rodriguez with CENTURY 21 CITRUS REALTY INC
  • CACRMLS

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