CA > Loma Linda
Loma Linda, CA 92354,25675 Prospect AVE
Loma Linda, CA 92354,25675 Prospect AVE
Loma Linda, CA 92354,25675 Prospect AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$7,000,000
Est. payment /mo
0.75 Acres Lot
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UPDATED:

11/21/2024 09:16 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24233904

HOA Y/N No

Year Built 1972

Lot Size 0.750 Acres

Property Description

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.

Location

State CA

County San Bernardino

Area 267 - Loma Linda

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Assigned, Covered

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

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

Private Pool No

Building

Lot Description 21-25 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0284153130000

Energy Description 9761.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Mark Bridge • Mark Bridge, Broker • Mark.Bridge@cushwake.com

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