25675 Prospect Avenue, Loma Linda, CA 92354 - MLS#OC25051042

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 7,295,000

Est. payment | -/mo

3 Beds

3 Baths

0.75 Acres Lot

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$ 7,295,000

Est. payment | -/mo

Save

3 Beds

3 Baths

0.75 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25051042

Bedrooms 3

HOA Y/N No

Lot Size 0.754 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

The Prospect Apartments, 25 apartment units located at 25675 & 25695 Prospect Avenue, Loma Linda, California. 1.5 mile south of the 10 freeway and walking distance to the VA Hospital. The tenants have excellent access to transportation and 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 and twenty-one 2 bedroom / 2 bath units. Each unit is separately metered for gas and electric. The parking is ample with assigned carport, open and 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 Prospect Apartments, 25 apartment units located at 25675 & 25695 Prospect Avenue, Loma Linda, California. 1.5 mile south of the 10 freeway and walking distance to the VA Hospital. The tenants have excellent access to transportation and 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 and twenty-one 2 bedroom / 2 bath units. Each unit is separately metered for gas and electric. The parking is ample with assigned carport, open and 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 Loma Linda (92354)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $484

Acceptable Financing Cash

Space Rent $6,952

Listing Terms Cash

Listed by Jonathan Mitchell • Kidder Mathews of California, Inc

+1(619) 302-3010

matt@homecrave.com

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25675 Prospect Avenue Loma Linda, CA 92354