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.
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.
Property Details
Price:
$7,000,000
MLS #:
OC24233904
Status:
Active
Baths:
0
Address:
25675 Prospect Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
267lomalinda
City:
Loma Linda
Listed Date:
Nov 11, 2024
State:
CA
ZIP:
92354
Lot Size:
32,670 sqft / 0.75 acres (approx)
Year Built:
1972
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Garage Spaces
0.00
Lot Features
21-25 Units/ Acre
Parking Features
Assigned, Covered
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Utilities
Cable Available, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address25675 Prospect Avenue Loma Linda CA
- Area267 – Loma Linda
- CityLoma Linda
- CountySan Bernardino
- Zip Code92354
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Courtesy of Mark Bridge, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
25675 Prospect Avenue
Loma Linda, CA
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