Excellent opportunity to own a duplex that is a stones throw away from Loma Linda Hospital! Live in one and rent out the other or rent them both out. Both units have identical floorplans and are each three bedroom and two bath units. The unit pictured is turnkey and the other unit will need some cosmetic repairs. Property boasts solar panels and each unit has their own two car garage with plenty of driveway space for over two more cars. Please see attached supplements for seller disclosures, prelim and termite report. Original owner did NOT pass away in the property, however a relative did pass away outside on the property. Each unit is separately metered. The original landlord rented out the other unit by separate rooms. One tenant still remains renting one of the rooms for approximately $700 per month. We do not have the lease but will have an estoppel. I am working with the seller to get pre-inspection reports. They will be posted when complete and before the offer deadline just keep checking the supplements. Solar panels are leased but buyer has the option to purchase. Second unit will NOT be delivered vacant.
Back in the market. Fully occupied two story 4 plex in very desirable area in Loma Linda. Incredible demand of rental, almost never been vacant. Each unit with 2 bedrooms and 1 full bath 862 Sqft. Covered parking in rear. Located in the coveted "Walk Zone" just minutes to Loma Linda University and the Medical Center. Laundry room located on lower level. Complex is in good condition. Buyer to satisfy themselves as to condition of property and perform all due diligence and inspections.
First time on market in years. To be delivered vacant with substantial upgrades - new roof, re-pipe, and re-drain to name a few. There is also an office that can be converted to an additional bedroom for increased rent revenue. Property has been previously rented out as 4 separate units. It is also nestled on a quiet residential street not too far from the 10 FWY, this home is only a few blocks east of Loma Linda University and Hospital system, and close to the VA hospital. With the close proximity to the University, there is ample demand to fill the units. A short drive away is the City of Redlands, home to the University of Redlands and Downtown Redlands, a bustling and walkable downtown area with a multitude of shops and restaurants to explore. Full description coming soon.
First time on market in years. To be delivered vacant with substantial upgrades - new roof, re-pipe, and re-drain to name a few. The property is nestled on a quiet residential street not too far from the 10 FWY, this home is only a few blocks east of Loma Linda University and Hospital system, and close to the VA hospital. With the close proximity to the University, there is ample demand to fill the units. A short drive away is the City of Redlands, home to the University of Redlands and Downtown Redlands, a bustling and walkable downtown area with a multitude of shops and restaurants to explore. Full description coming soon.
Courtesy: Vantage Realty
Courtesy: Vantage Realty
Courtesy: Mark Bridge, Broker
Discover a lucrative investment opportunity with this exceptional multi-family property in the heart of Loma Linda. Strategically located just steps away from Loma Linda University Medical Center, this property offers unparalleled potential for consistent rental income and long-term appreciation. Don't miss this chance to secure a prime investment property in one of Southern California's most sought-after locations. Contact us today to explore the endless possibilities of this exceptional opportunity.
Welcome to an exceptional investment opportunity. 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. 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. 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. Ample parking options are available for both residents and their guests, simplifying the property management process. 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. 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. Monthly rental rates currently average around $2,800 per unit in the area, 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. This newer built 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 to secure a slice of the real estate market's steady income potential.
Courtesy: CALLAWAY REALTY, INC.
Loma Linda is located in California. Loma Linda, California has a population of 24,712. Loma Linda is less family-centric than the surrounding county with 22.95% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Loma Linda, California is $63,272. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Loma Linda is 37.3 years.
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 41.5 degrees. The average rainfall is approximately 13.3 inches per year, with 0 inches of snow per year.
