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$7,000,000

Beds
Unknown
sq ft
Unknown

25675 Prospect Ave, Loma Linda, CA 92354

25675 Prospect Ave

Loma Linda, CA 92354

  • 10 days on market
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.

Details

Property type

Apartment

Lot size

0.75 acres

Price per sq ft

Unknown

Year built

1972

Price History

11/14/2024
CRMLS

CRMLS #OC24233904

Listed
$7,000,000
+150%
05/31/2015
CRMLS

CRMLS #TR14222429

Sold
$2,800,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Status: Active

Tomo last checked: 11/24/2024 at 2:45 AM

Listing updated: 11/14/2024 at 2:29 PM

Listed by: Mark Bridge, Mark Bridge, Broker Phone #: (949) 474-4004

MLS: CRMLS #OC24233904

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