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25432 Cole Street
Loma Linda, CA 92354

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Property Details


List Price: $3,200,000
Beds: --
Baths: --
Status: Active
SqFt: 9200
Agency: Century 21 Citrus Realty, INC

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Description/Comments


Lot Size: --
Property Type: Commercial
Year Built: 2016
Notes: Welcome to an exceptional investment opportunity presented by C21 Commercial – 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.<br /> <br /> 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.<br /> <br /> 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.<br /> <br /> Ample parking options are available for both residents and their guests, simplifying the property management process.<br /> <br /> 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.<br /> <br /> 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.<br /> <br /> 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.<br /> <br /> 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!
MlsNumber: CV23194312


Listing Provided By: Century 21 Citrus Realty, INC, original listing
Name: Century 21 Citrus Realty, INC
Phone: (909) 592-8500
Office Name: CENTURY 21 CITRUS REALTY INC
Office Phone: (909) 592-8500
Agent Name: Albert Rodriguez
Disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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