$1,925,000
$1,999,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
6,255 Sqft Lot
SOLD DATE : 09/02/2022
Key Details
Sold Price $1,925,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV22132248
Sold Date 09/02/22
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1926
Lot Size 6,255 Sqft
Property Description
LLUMC WALKZONE PROPERTY - 8 UNITS TOTAL on two separate parcels. Truly unique INVESTMENT opportunity in Loma Linda within walking distance to the university and medical center. Property consists of four duplex style separate houses with two units in each one. Property also has 8 off street parking spaces along with a storage room, two basements for extra storage and a community laundry room. All EIGHT units have been recently remodeled and are in turn key condition, located in a HIGH DEMAND rental area. Units are fully occupied with a waiting list. There is a high demand for both temporary and long term housing in the area due to the patient treatment centers and nearby hospital and university. Opportunity to increase rents . Property consists of 7 one bedroom/one bathroom units and one large one bedroom with office/one bathroom unit. Current rents are $11,050 per month plus $200 in laundry income. Seller pays some utilities All apartments have been remodeled and are in turn key condition. Flexible financing opportunities as the property consists of two residential 4-unit parcels and can be financed with residential multifamily loans or a commercial loan. Professional Photos coming soon. Act quickly as this unique property will not last.
Location
State CA
County San Bernardino
Area 267 - Loma Linda
Rooms
Other Rooms Two On A Lot
Interior
Heating Heat Pump, Wall Furnace
Cooling Heat Pump, Wall/Window Unit(s)
Flooring Bamboo, Concrete, Tile
Fireplaces Type None
Equipment Satellite Dish
Fireplace No
Appliance Gas Oven, Microwave, Refrigerator, Dryer, Washer
Laundry Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Concrete, On Site, One Space, Uncovered
Fence Average Condition
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers In Rear, Sprinklers In Front, Rectangular Lot, Sprinklers Timer, Sprinkler System
Story 2
Entry Level One,Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Level or Stories One, Two
Additional Building Two On A Lot
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 0284052090000
Energy Description 1725.0
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000 REALTY