25675 Prospect Avenue
Loma Linda, CA 92354
0.75 acres | #OC24233904
Description
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.
Property Details
- Utility FeaturesCableAvailable, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
- Lot DescriptionTwentyOneToTwentyFiveUnitsAcre
- CountySan Bernardino
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$7,000,000
- MLS #OC24233904
- MLS #OC24233904
- Property SubtypeApartment
- Cost7000000
- Utility SourcePublic
- Acres0.75
- Year Built1972
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Mark Bridge (#SBRIDMA2)
Listing Office: Mark Bridge, Broker (#OC08174)
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