$2,800,000

Est. payment -/mo

$2,999,800

6.7%

Est.Price: ?

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25432 Cole Street Loma Linda, CA 92354

2 Beds

SOLD DATE : 10/21/2022

Key Details

Sold Price $2,800,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV21169261

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

NEW PRICE! C21 Commercial is proud to introduce a Luxury three-story townhome/condo-style apartment complex. Originally designed to be individual townhomes/condos each wtih separate meters in the event you would like to complete the process and sell individually. Each with its own individual two-car garage. Each unit has 2 master bedrooms and 2 1/2 baths with a balcony. Walking distance to Loma Linda University, VA hospital, and Loma Linda Hospital. Each unit rented at $2,650.00 per month with $50.00 annual bumps per unit. The complex is located close to shopping, transportation, parks, and schools. Currently, all 5 units are leased out to one person and rents to Veterans administration with an approximate SUMMARY of Benefits approx. 5.95% +-. Solid investment with a solid tenant. Buyers to verify all details. PLEASE DO NOT DISTURB TENANTS Rents will be going up by $3,000 per year starting in August 2022.